399 NW 72nd Ave

Miami, FL 33126

$198,999

$293/ft²

1Beds

1Baths

680Sq ft

1973Year built

CondoType

About this home

Beautifully remodeled 1-bedroom, 1-bath condo located in the gated community of Villas San Miguel. This spacious unit features a modern open floor plan with granite countertops, tile flooring throughout, stainless steel appliances, and stylish zebra blinds. Enjoy a private open balcony, assigned parking space, and the convenience of common laundry facilities on every floor. Currently rented month-to-month, offering flexibility to renew with the existing tenant or deliver vacant at closing. The property generates a 6.5% net return, with current rent below market value, presenting excellent investment potential. Association has reserves with no special assessments. Prime location with easy access to major highways, minutes from Miami International Airport, shopping, dining, and more.

Features

Waterfront

Property details

Listing

MLS #: A12011232
Status: For sale
Listed on: May 1, 2026
Days on market: 100 days
Listing data updated: Jun 18, 2026

Interior

Beds: 1
Baths: 1
Living area: 680 ft²
Price per ft²: $293/ft²
Unit: 209

Building & community

Type: Condo
Year built: 1973
HOA fee: $429/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,006
Property taxes (est.): $183
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $429

Estimated total$1,851*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?