Condo in Miami, FL 33126

Mediterranea, 117 NW 42nd Ave #507

Excellent opportunity , a modern, quiet, and well-maintained condominium in a central miami location. This updated 1-bedroom residence is tenant occupied with a lease in place through april 2027, allowing the new owner to begin receiving rental income immediately after closing. The unit offers an open layout with additional flex space ideal for a home office or den, impact-resistant windows, assigned covered parking, west-facing views, abundant natural light, and beautiful miami sunsets. Recent improvements include a new a/c system installed in 2024, new kitchen appliances in 2025, and a new water heater and plumbing valves in 2025. Low hoa of approximately $319 per month and no current special assessment add significant value. The secured building offers controlled access, a swimming pool, fitness center, and pet-friendly areas. Explore the 360° virtual tour to virtually walk through the property and appreciate every space and detail before scheduling an in-person visit. Conveniently located near miami international airport, coral gables, major highways, shopping, dining, entertainment, and the future stadium and mixed-use development. A well-positioned, income-producing property with important updates already completed.