Biscayne Bay View
For Sale
$144,000
2700 NE 135th St 30, North Miami, FL 33181
One-bedroom apartment with bay views and resort-style amenities.
Property Size640 SF
Days on Market326
Property Features for 2700 NE 135th St 30
General Information
Standard status
Active
Size
640 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$3,546
Building Details
Building Size
640 SF
Year Built
1957
Stories
2
Listing Agency:
GGH Realty LLC
Listed By:
Samuel Grynbaum · License #3363512
(786) 491-5520
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 4
Last Checked: Oct 16 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GGH Realty LLC
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath apartment is located in a gated community and offers views of Biscayne Bay from its amenities. Residents have access to a private pool and tiki party hut. The property is situated steps away from a jogging and bike trail, and includes access to a pier. Kayak racks are available for residents to access the Oleta River. Please note that rentals are not permitted for the first 2 years of ownership, and the unit is currently tenant-occupied.
Key Highlights
- Incredible wide views of Biscayne Bay from the amenities.
- Resort‑style setting with private pool and tiki party hut.
- Direct access to Oleta River for kayaking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,843
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,860
$196.9K
Cap Rate 7%
$140,614
$140.6K
Cap Rate 9%
$109,367
$109.4K
Market Conditions
NOI Build-Up for 640 SF
Gross rent
$18.7K $29.28/SF
− Vacancy
−$843 −$1.32/SF
EGI
$17.9K $27.96/SF
− OpEx
−$8.1K −$12.58/SF
NOI
$9.8K $15.38/SF
Area
Miami-Dade County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,860
Cap Rate 7%
$140,614
Cap Rate 9%
$109,367
Alternative Uses
Best Use
Apartment 5plus
$140.6K
$123.0K – $164.1K
NOI $9,843 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.7K
$284.1K – $378.8K
NOI $22,729 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Explore this area
Business Placement
Demographics for 33181, FL
20,955
Population
9,401
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$56,473
Median Household Income
$40,233
Median Earnings
$1,665
Median Rent
$315,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom apartment with bay views and resort-style amenities.
Where is this apartment building located?
The property is located at 2700 NE 135th St 30 North Miami, FL.
What is the asking price?
The asking price for this property is $144,000.
What are key features of this property?
This property features: Incredible wide views of Biscayne Bay from the amenities.; Resort‑style setting with private pool and tiki party hut.; Direct access to Oleta River for kayaking.
