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Garden-Style Waterway Condo

2700 NE 135th Street North Miami, FL 33181

2700 NE 135th Street, North Miami, FL, 33181
$250,000
For Sale
Claim this Listing
$250,000

MULTI_FAMILY - North Miami, FL

Property Size640 SF
Price / SF$390.63
AddedFeb 14
Days on Market151
Last RefreshJul 15 at 10:06 am

Property Features for 2700 NE 135th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
4700
Bedrooms
1
Bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Security features
Security
Pets allowed
Yes
Exterior features
Barbecue
Fencing
Fenced
Appliances
Gas Range, Refrigerator
Standard status
Active
APN
0622290690300
Size
640 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
FAIRMONT HOUSE INC - CO-OP APT 31 1.7161% OF OWNERSHIP REM FOSTER & SANCHEZ TR PB 31-66 PT TR 1-BEG X OFN/L SEC 27 &BLKHD LINE BISC BAY SW A
Tax Annual Amount
3609
Expense value
150
Expense
Application Fee
Expense freq.
One Time

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Water front
1

Building Details

Year built
1957
Floors in Building
2
Flooring type
Tile
Building materials
CBS

Listing agent Stanley Rosen License #681734

Listing office The Keyes Company 6850 Main Street, Miami, FL

Listing date Feb 14, 2026

MLS# F10552196 Listing URL

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A one-bedroom, one-bath residence in excellent condition within the Fairmont House, a garden-style complex. The unit is currently tenant-occupied, and the property is subject to a two-year rental restriction prior to leasing. The residence is 640 square feet.

The complex is located directly on the Intracoastal Waterway in North Miami, positioned just east of Biscayne Boulevard. Building amenities listed include a saltwater pool, tiki hut, and BBQ area, along with marina access and private dockage. The property is directly across from Haulover Marina and the popular sandbar area, with nearby access to boating, waterfront dining, and open water.

Key Highlights

  • Cozy 1 bed, 1 bath residence in a garden‑style complex directly on the Intracoastal Waterway
  • Resort‑style community amenities include a saltwater pool, tiki hut, BBQ area, and marina access with private dockage
  • Across from Haulover Marina and the popular sandbar area—minutes to boating and waterfront dining

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.7k $29.28
− Vacancy −$843 −$1.32
EGI $17.9k $27.96
− OpEx −$8.1k −$12.58
NOI $9.8k $15.38
640 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$140.6K
$123.0K – $164.1K (±1% cap)
NOI $9,843 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.7K
$284.1K – $378.8K (±1% cap)
NOI $22,729 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage HVAC Service Gym & Fitness Center Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - One-bedroom, one-bath condo in a garden-style complex directly on the Intracoastal Waterway.
Where is this multifamily property located?
The property is located at 2700 NE 135th Street North Miami, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Cozy 1 bed, 1 bath residence in a garden‑style complex directly on the Intracoastal Waterway; Resort‑style community amenities include a saltwater pool, tiki hut, BBQ area, and marina access with private dockage; Across from Haulover Marina and the popular sandbar area—minutes to boating and waterfront dining
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More about this property
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