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12590 NE 16th Ave # 509, North Miami FL 33161

Condo/Co-op For Sale
$120,000

BTC: 1.80451128

ETH: 63.07026027

New
Waterfront
1 bds
1 ba
878 sqft

Overview

A well-laid-out unit featuring abundant natural light and spacious living areas. The building is currently undergoing its 40-year recertification and capital improvements, offering buyers the opportunity to purchase at a significant discount prior to completion. Ideal for cash buyers, investors, or owner-occupants seeking long-term value. Once renovations are complete, comparable property values are expected to reflect these upgrades. Conveniently located near major roadways, shops, and restaurants, and just minutes from Biscayne Blvd. A unique opportunity to secure a North Miami condo at a price well below replacement cost. Easy to show.

Location

Florida • North Miami • 33161 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1969
Lot:
No Data
Heating:
Electric
Price/sqft:
$137
Cooling:
Central Air / Electric
HOA:
$878

Valuation

Our model vs. what's actually selling nearby.
Estimate
$195,000
$120K – $425K
Confidence Low
List vs. estimate
$75K below estimate
List $120,000 · -38.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$136
-46.5% vs. city median $255
Based on
1954 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $625K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,194
2025
HOA
$878/mo
View
Canal
Waterfront
Canal Front
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Refrigerator

    Other interior features

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: None / Open Balcony

    Other Property Information

    • Parcel Number: 06-22-29-073-0450

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $878

    • HOA Frequency: Monthly

    • Annual tax amount: $2,194

  • Source details

    • MLS ID: A12057284

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Direction Faces: East

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 878

    • Subdivision Name: 12590 CORONADO TOWERS CON,Coronado Towers

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33161
275
median $619K
Active
Same city
North Miami
894
median $399K
Active
Same type
Condo/Co-op
525
median $249K
Active
Similar price
$84K – $156K
90
median $137K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc.