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12590 NE 16th Ave 509

North Miami, FL, 33161

Active

$120,000

1

Bedrooms

2

Bathrooms

878 sqft

Living Area

1969

Year Built

$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.

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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 checked: 18 hours ago

Listing updated: July 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 →

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%
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$120,000Tour the dockSchedule a Showing