12590 NE 16th Avenue 509, North Miami, FL 33161

New Listing

$120,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12057284

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 878 Status: Active

Current Price: $120,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

A well-laid-out unit featuring abundant natural light and spacious living areas. The building is currently undergoing its 40-year recertification and capital improvements, offering buyers the opportunity to purchase at a significant discount prior to completion. Ideal for cash buyers, investors, or owner-occupants seeking long-term value. Once renovations are complete, comparable property values are expected to reflect these upgrades. Conveniently located near major roadways, shops, and restaurants, and just minutes from Biscayne Blvd. A unique opportunity to secure a North Miami condo at a price well below replacement cost. Easy to show.

Listing Details MLS# A12057284

General Property Information

Unit Floor #: 5
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 878
Living Area Main: 878
Adjusted Area Main: 878
Year Built: 1969
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 6
Direction Faces: East

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Elevator; Insurance; Maintenance Grounds; Pool Service; Roof Repairs; Trash Dining Area: Dining/Living Room Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Refrigerator Construction Materials: Block Cooling: Central Air; Electric Association Type: Condominium; Homeowner Association Heating: Electric Interior Features: Elevator; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Security Features: Entry - Phone/Intercom; Security Fence Tax Information: Tax Reflects No Exemptions Water Access: None Water View: Canal Waterfront Features: Canal Front Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 120000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 12590
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Avenue
Unit Number: 509
City Name: North Miami
Municipal Code: 6
State Or Province: FL
Postal Code: 33161
Postal Code +4: 6056
Postal Zip: 33161
Subdivision Name: 12590 CORONADO TOWERS CON
Development Name: Coronado Towers
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Special Assessment YN: Yes
Parcel Number: 0622290730450
Subdivision Number: 73
Flood Zone: AE
Directions: 125th street east to 16th Avenue north to Coronado towers on left.
Building Name: 12590

Financial Information

Association YN: Yes
Association Fee: 878
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 878
Membership Fee Required YN: No
Tax Annual Amount: 2194
Tax Year: 2025
Tax Legal Description: 12590 CORONADO TOWERS CONDO UNIT 509 FIFTH FLOOR UNDIV 1.896 % INT IN COMMON ELEMENTS CLERKS FILES 69R-98129 & 69R- 151171 OR 21103-3876 020

Status Change Information

Major Change Timestamp: 2026-07-21T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-21

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 136.67

Section Details

Parcel Number MLX: 0450

Originating Details

Originating System Key: 534497242
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Elevator(s): Yes
Laundry: Yes
Parking: Yes

Association Fee Includes

Elevator: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pool Service: Yes
Roof Repairs: Yes
Trash: Yes

Dining Area

Dining/Living Room: Yes

Flooring

Tile: Yes

Parking Features

Assigned: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Heating

Electric: Yes

Water Access

None: Yes

Water View

Canal: Yes

Appliances

Dishwasher: Yes
Refrigerator: Yes

Construction Materials

Block: Yes

Interior Features

Elevator: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Entry - Phone/Intercom: Yes
Security Fence: Yes

Waterfront Features

Canal Front: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes
Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: United Realty Group Inc.

Last Updated: July - 21 - 2026

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