ARETA ESTATES SEC 8

1987 NE 123rd St, North Miami FL 33181

2 beds · 2.5 baths · 1,482 ft²

For Sale · Active Listing

$3,800

Est. Payment $20/mo

MLS Sheet

2

Bedrooms

2.5

Bathrooms

1,482

Sq. Ft.

1968

Year Built

0

Days on Market

Description

This attractive waterfront townhome comes unfurnished and includes a private boat dock with no fixed bridges, ensuring easy access to the ocean. Featuring two bedrooms and two bathrooms, it boasts a contemporary kitchen equipped with extensive counter space and generous storage. The thoughtful layout is perfect for hosting guests. From the comfort of your new home, relish in stunning water views and the tranquility of nature, all while being conveniently situated mere minutes from vibrant cafes, top-tier restaurants, bustling shops, and excellent schools. An ideal setting for both relaxation and entertainment! Furniture is available with the rental if interested.

Facts

MLS#
A12033881
Subdivision
ARETA ESTATES SEC 8
Property Type
Residential Lease
Property Sub Type
Townhouse
Year Built
1968
Lot Size
1,805 ft²
Sq. Ft.
1,482 ft²
Sq. Mt.
138 m²
Price per sq. ft.
$3/ft²
Price per sq. mt.
$28/m²
Stories
Garage
Pool
Days on Market
Listed
Jun 9, 2026
Last Updated
Jun 9, 2026
Price/Lot Sq.Ft.
$2/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

28

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).

6/9/2026Listed for sale$3,800

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1987 NE 123rd St, North Miami FL 33181Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$12,667

gross income / month to qualify

Monthly rent$3,800
Required annual income$152,000
Security deposit (est.)$3,800
Move-in cost (1st + last + security)$11,400

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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 3 hours ago

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