Atlantic Luxury AdvisorsKeller Williams Realty Services

15 photos

6880 NW 166th Ter #1001

Miami Lakes, FL 33014

$269,900
1
1
700 sq ft
1992
Condominium
$447/mo
8
Active

Listing courtesy of Green Lands Realty. Contact: [email protected].

About this home

This is an amazing first-floor unit at Fountain Park Village Homes, it is in an exclusive small community area. It's a definite most in-demand first floor corner position, great for rental purposes. The unit has been remodeled only needing a touch up in the bathroom..... BRAND NEW Water Heater AND BRAND NEW Air Conditioning Unit......The HOA is $447.00 monthly. The community has been fully updated and the outstanding special assessment shall be paid in full by the seller at closing. The association maintains healthy reserves......Turnkey Investment Opportunity: This property features a strong Cap Rate based on current stable tenancy... Perfect for a 1031 exchange or passive investor looking for immediate cash flow...... The current tenant has been a long term tenant and is excellent, their lease expires July 31st......... Financing is limited to cash or conventional. The unit comes with one assigned parking space , right in front of the unit and there is a guest parking available right in front of the unit also. The community amenities includes a gated pool. The location is amazing with your own small patio at the rear and the pool located right behind yet with shrubs for privacy. The property is well managed, helping ensure owners avoid unexpected additional costs. NOTE: Tenant occupied and must have 24 hour notice for showing with appointment. AS IS Condition.

Virtual tour
What it costs to own
Estimated monthly payment
$2,332/mo
Principal and interest
$1,365
Property tax
$353
Homeowners insurance
$167
HOA
$447

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$4,232/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$447/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.