12590 NE 16th Ave # 209, North Miami FL 33161

$118,000

Description

Spacious and well-located 1-bedroom, 1.5-bath residence in one of North Miami’s most rapidly developing areas. This bright second-floor unit offers generous living space, abundant natural light, and an assigned parking space within a gated community. The monthly maintenance fee is $812.45. The monthly special assessment fee is $430.71. Ideally positioned just minutes (approx. 5 minutes) from Bal Harbour Shops and the beach, with convenient access to top dining, retail, and fitness options including LA Fitness. The building is currently undergoing its 40-year certification, presenting a great opportunity for future value appreciation in a high-growth location. Excellent for investors—unit is tenant-occupied by a reliable long-term tenant (over 2 years) paying $1,600/month. Prime North Miami location close to everything, making this a strong addition to any real estate portfolio.

Listing courtesy of Viviana Klinar, Realty One Group Royal Oaks · Updated 7/28/2026