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505 NW 177th St # 126, Miami Gardens FL 33169

Condo/Co-op For Sale
$214,900

BTC: 3.35781250

ETH: 119.38888889

15 days
2 bds
2 ba
990 sqft

Overview

Rare opportunity to own one of the largest units in the building. A spacious 2/2 that can easily be converted to a 3 bed /2 bath. Measuring about 990 sq ft in an exceptionally well-managed community. The unit is currently tenant-occupied with over 10 months remaining on the lease and paying $2,000/month and cash flowing from day one, making this a turnkey investment with immediate returns. The HOA fee reflects a recent assessment covered impact windows, new AC systems, and major capital improvements throughout the property. That work is done and paid for. What you're buying into is a building that's already been upgraded, not one that's about to hit you with special assessments. Whether you're an investor looking for a high-performing rental or an end user ready to move into a well-maintained and upgraded building, this one checks every box. ***If you are looking to finance, we will provide borrower credits if the buyer chooses our preferred lender.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$217
Cooling:
Central Air
HOA:
$674

Valuation

Our model vs. what's actually selling nearby.
Estimate
$159,900
$110K – $236K
Confidence Low
List vs. estimate
$55K above estimate
List $214,900 · +34.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$217
+5.1% vs. city median $206
Based on
735 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $392K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,754
2025
HOA
$674/mo
View
None
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Microwave

    • Water Purifier

    • Electric Range

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    Property

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 34-21-12-038-0250

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $674

    • HOA Frequency: Monthly

    • Annual tax amount: $2,754

  • Source details

    • MLS ID: A12021581

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Common Area

    • Architectural Style: Corner Unit

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 990

    • Subdivision Name: NEW WORLD CONDO APTS IV

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

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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: BrokerNation Real Estate