Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

12500 NE 5th Ave # 101
North Miami, FL, 33161
$175,000
1 Beds
1 Baths
850 SqFt
0 Acres
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MLS #A11960314 image #0
Very spacious and filled with natural light, this beautifully maintained 1-bedroom, 1-bath residence is perfectly located near the iconic Museum of Modern Art (MoMA) and just steps from 125th Street and NE 6th Avenue in Miami.

Featuring sleek tile flooring throughout, this home offers a clean, modern feel. The recently remodeled kitchen boasts stylish finishes and updated cabinetry, while the renovated bathroom adds a fresh, contemporary touch.

Currently rented through October 2027, this property presents an excellent investment opportunity with stable income in place.

Enjoy community amenities including a sparkling pool, convenient on-site laundry facilities, and assigned parking right at your doorstep. Please note: no pets allowed.

Bright, spacious, and ideally situated — a smart investment in a prime location.

Property Details

Price:
$175,000
MLS #:
A11960314
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
FOREVER ELEGANT CONDO,FOREVER ELEGANT COND
Neighborhood:
foreverelegantcondo
Listed Date:
Feb 17, 2026
Finished Sq Ft:
850
Total Sq Ft:
850
Year Built:
1970
Forever Elegant CondoForeverelegantcondoForever Elegant Condo,forever Elegant CondGratignyNorth MiamiGarden ViewExterior Alterations,no Daily Rentals,ok To Lease

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Schools

Elementary School:
Gratigny
Middle School:
North Miami

Interior

Appliances
Electric Water Heater, Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Interior Features
First Floor Entry, Den/Library/Office
Laundry Features
Common Area

Exterior

Architectural Style
Corner Unit, Garden Apartment
Association Amenities
Laundry, Elevator(s), Exterior Lighting, Pool
Construction Materials
CBS Construction
Covered Spaces
1
Exterior Features
Courtyard, Open Balcony
Garage Spaces
1
Parking Features
1 Space, Assigned
Patio And Porch Features
Open Balcony
Security Features
Complex Fenced, Elevator Secure
View
Garden View
Window Features
Blinds

Financial

HOA Fee
$400
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$2,929

Map

Community

Subdivisions in North Miami

Market Summary

Current real estate data for Condo in North Miami as of Apr 24, 2026
219
Condo Listed
186
Avg DOM
277
Avg $ / SqFt
$354,477
Avg List Price

Property Summary

    Located in the FOREVER ELEGANT CONDO,FOREVER ELEGANT COND subdivision, 12500 NE 5th Ave # 101 North Miami FL is a Condo for sale in North Miami, FL, 33161. It is listed for $175,000 and features 1 beds, 1 baths, and has approximately 850 square feet of living space, and was originally constructed in 1970. The current price per square foot is $206. The average price per square foot for Condo listings in North Miami is $277. The average listing price for Condo in North Miami is $354,477. To schedule a showing of MLS#a11960314 at 12500 NE 5th Ave # 101 in North Miami, FL, contact your Julien Drieu agent at 7862380927.

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