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Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

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12590 NE 16th Ave 509 photo 1
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+20

12590 NE 16th Ave 509

North Miami, FL, 33161

Active

$120,000

12590 NE 16th Ave 509

North Miami, FL, 33161

Active

$120,000

1

Bedrooms

2

Bathrooms

878 sqft

Living Area

1969

Year Built

$120,000Tour the dockSchedule a Showing

$878

HOA / Monthly

0

Days on Market

Dock & Water AccessMLS

Canal Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

A well-laid-out unit featuring abundant natural light and spacious living areas. The building is currently undergoing its 40-year recertification and capital improvements, offering buyers the opportunity to purchase at a significant discount prior to completion. Ideal for cash buyers, investors, or owner-occupants seeking long-term value. Once renovations are complete, comparable property values are expected to reflect these upgrades. Conveniently located near major roadways, shops, and restaurants, and just minutes from Biscayne Blvd. A unique opportunity to secure a North Miami condo at a price well below replacement cost. Easy to show.

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

North Miami, FL, 33161

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of United Realty Group Inc. via MIAMI REALTORS®

Last updated: 7/21/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 8ft

Special Flood Hazard Area

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$24,000 down

%
Principal & Interest$623/mo
Property Tax (est. ~1.2%, varies by county)$120/mo
Home Insurance (est.)$250/mo
HOA Fees$878/mo
Total Monthly Payment$1,871
Loan Amount: $96,000Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

Nearby Schools

Assigned Public Schools

E

Lawrence, Jr., David K-8 Center

Grades PK-8 · North Miami

M

North Miami MS

Grades 6-8 · North Miami

H

Mourning, Alonzo & Tracy SH Biscayne Bay

Grades 9-12 · North Miami

Nearby Private Schools

Get Smart Kids Acadmey0.1 mi
South Florida Educational Center0.4 mi
The Von Wedel Montessori School0.7 mi
The Challenger School0.7 mi
Beth Moshe Early Childhood Center0.8 mi

School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.

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