MONTECARLO CONDO
498 NW 165th St Rd # 601, Miami FL 33169
2 beds · 2 baths · 1,036 ft²
2
Bedrooms
2
Bathrooms
1,036
Sq. Ft.
1972
Year Built
6
Stories
46
Days on Market
Description
UNBEATABLE INVESTOR OPPORTUNITY – OVER 12% ROI! Beautifully renovated 2 bed / 2 bath unit leased at $2,520/month through March 2026 (renewable), delivering immediate income and approx. 12.08% return. Ideal for savvy investors seeking strong, consistent cash flow from day one. Spacious layout with updated kitchen, modern bathrooms, and new flooring throughout. Stable, long-term tenant already in place. Located in a gated community with resort-style amenities: Olympic-size pool, tennis & basketball courts, fitness center, picnic areas, clubhouse, and on-site laundry. High rental demand area near I-95, Palmetto & Turnpike just minutes from Aventura, Sunny Isles, hospitals, restaurants & shopping. Don’t miss one of the highest ROI properties in the area, fully turnkey and ready to earn!
Facts
- MLS#
- A11880155
- Subdivision
- MONTECARLO CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1972
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,036 ft²
- Sq. Mt.
- 96 m²
- Price per sq. ft.
- $145/ft²
- Price per sq. mt.
- $1,561/m²
- Stories
- 6
- Garage
- —
- Pool
- Private
- Days on Market
- 46 days
- Listed
- Sep 17, 2025
- Last Updated
- Nov 20, 2025
- Price/Lot Sq.Ft.
- —
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Same ZIP, similar price + bedrooms.

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$149,000
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
48
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 11/20/2025 | Sold | $149,900 |
| 10/7/2025 | Price change | $149,900-6.3% |
| 9/17/2025 | Listed for sale | $159,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Downtown Doral Charter Elementary SchoolKG,1,2,3,4,5 · charter · 0.2 mi
Miami Virtual School1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
DOWNTOWN DORAL CHARTER UPPER SCHOOL6,7,8,9,10,11,12 · charter · 0.6 mi
Bridgeprep Academy of Miami DadeKG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 1.0 mi
Blessed Pediatric CarePK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Royal Hollow AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
The Learning World Academy DoralPK,KG · private · 1.1 mi
Renaissance Middle Charter School5,6,7,8 · charter · 1.2 mi
Shelton AcademyPK,TK,KG,1,2,3,4,5,6,7,8 · private · 1.2 mi
Little Genius Learning CenterPK,KG · private · 1.4 mi
Estimated Monthly Payment
$1,073/mo
Principal & Interest
$798
Property Tax
$125
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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