Atlantic Luxury Advisors
12590 16th Ave #209 photo 112590 16th Ave #209 photo 212590 16th Ave #209 photo 312590 16th Ave #209 photo 412590 16th Ave #209 photo 5

30 photos

12590 16th Ave #209

North Miami, FL 33161

$118,000
1
1.5
878 sq ft
1969
1 car
Condominium
$878/mo
Yes
88
Active

Listing courtesy of Realty One Group Royal Oaks (Viviana Klinar). Contact: [email protected].

About this home

Spacious and well-located 1-bedroom, 1.5-bath residence in one of North Miami’s most rapidly developing areas. This bright second-floor unit offers generous living space, abundant natural light, and an assigned parking space within a gated community. The monthly maintenance fee is $812.45. The monthly special assessment fee is $430.71. Ideally positioned just minutes (approx. 5 minutes) from Bal Harbour Shops and the beach, with convenient access to top dining, retail, and fitness options including LA Fitness. The building is currently undergoing its 40-year certification, presenting a great opportunity for future value appreciation in a high-growth location. Excellent for investors—unit is tenant-occupied by a reliable long-term tenant (over 2 years) paying $1,600/month. Prime North Miami location close to everything, making this a strong addition to any real estate portfolio.

What it costs to own
Estimated monthly payment
$1,669/mo
Principal and interest
$597
Property tax
$119
Homeowners insurance
$75
HOA
$878

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
$1,423/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.

HOA
$878/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 hurricanes and stronger.

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

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.