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$107,000
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Property Description
UNBEATABLE INVESTOR OPPORTUNITY - OVER 12% ROI! Beautifully renovated 2 bed / 2 bath unit leased at $2,520/month through March 2026 (renewable), delivering immediate income and approx. 12.08% return. Ideal for savvy investors seeking strong, consistent cash flow from day one. Spacious layout with updated kitchen, modern bathrooms, and new flooring throughout. Stable, long-term tenant already in place. Located in a gated community with resort-style amenities: Olympic-size pool, tennis & basketball courts, fitness center, picnic areas, clubhouse, and on-site laundry. High rental demand area near I-95, Palmetto & Turnpike just minutes from Aventura, Sunny Isles, hospitals, restaurants & shopping. Don't miss one of the highest ROI properties in the area, fully turnkey and ready to earn!
Full Property Details
Full Property Details for 498 NW 165th St Rd #D-601
General
- Sold For: $107,000
- HOA FEE: $808/month
- Taxes: $2,436 (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11880155
- Added to Site: 122 day(s) ago
Interior
- Interior Features: Interior Hall, Elevator, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Electric Water Heater, Electric Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Floor, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Dining Room: Dining/Living Room
- Laundry: Common Area
Additional Information
- Shared Amenities: Basketball Court, Barbecue, Child Play Area, Clubhouse-Clubroom, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Private Pool, Tennis Court(s)
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Laundry Facilities, Parking, Pool Service, Recreation Facilities, Security, Sewer, Water
- Security/Safety: Guard At Site, Private Guards
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: 1 Space, Guest, Other
Location
- Area: Montecarlo Condo
- County: Miami-Dade County
- Subdivision: MONTECARLO CONDO
- Building Name: MONTECARLO CONDOMINIUMS
- Driving Directions: Please, use GPS.
School Information
- Elementary School: Lenti; Linda
- Middle School: Jefferson; Thomas
- High School: North Miami
Community
- Community Name: Montecarlo Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Garden Apartment
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 6
- Building Size: 1036
- Square Feet: 1,036
- Living Area: 1,036 Sq. Ft.
- Year Built: 1972
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Garden View, Other View
- Potential Use: Investment
Financial Considerations
- Price Per Sq. Ft.: $103.28
- Association Fee: $808
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,436
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: MONTECARLO CONDO BLDG D UNIT 601 UNDIV 0.30341% INT IN COMMON ELEMENTS OFF REC 25291-2665
- Restrictions: Ok To Lease, Okay To Lease 1st Year
- Property ID: 30-21-13-037-2670
Listed and Sold by Real Broker LLC
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Schools
Schools serving 498 NW 165th St Rd #D-601
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Middle School, Miami, FL 525 Northwest 147th Street, Miami, FL 33168 | 6-8 | 1 mi |
Linda Lentin K-8 Center 14312 Ne 2nd Ct, North Miami Beach, FL 33161 | PK-5 | 1.4 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 498 NW 165th St Rd #D-601
Date
Details
Price
Change
Source
11/19/2025
Sold
$107,000
-28.62%
MLS
10/07/2025
Price Reduced
$149,900
-6.25%
MLS
9/17/2025
Listed
$159,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
498 NW 165th St Rd #D-601, Miami, FL 33169 (MLS# A11880155) is a Condo property that was sold at $107,000 on November 19, 2025. Want to learn more about 498 NW 165th St Rd #D-601? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

