Waterfront 2-Bed Condo in Miami Lakes
Great Value & Investment Ready
Price : $ 350,000
A rare waterfront investment condo in peaceful Miami Lakes. This updated 2-bed, 2-bath unit offers canal views, strong rental appeal, and low holding costs—perfect for a hands-off, income-producing asset.
🛏️ 2 bedrooms – Split layout for privacy
🛁 1.5 bathrooms – Ceramic tile, functional and clean
📐 850 sq ft (≈79 m²) – Efficient use of space across three levels
🌊 Waterfront views – Overlooking canal, pond, and lagoon
🚪 Balcony – Covered outdoor space with sunset views
🏗️ Built in 1987 – Concrete block construction, shingle roof
🌀 Cooling/Heating – Central air, ceiling fans, and central heating
🚘 Parking – Open parking space included
🔐 HOA Gated Community – Amenities include pool, elevator, recreation areas
🧺 Laundry – In-unit laundry closet
📍 Location – Celebration Point Condo, Miami Lakes, FL
📌 Additional Information
💸 Down Payment Assistance: May qualify for up to $100,000 via 29 programs
📈 Last Sold (Apr 2022): $215,000 (+74.8% since 2014)
🧾 Annual Taxes (2024): $3,298.58 (+3%)
📊 Tax Assessment (2024): $233,109
🏷️ HOA Fee: $452.14/month (Includes: Pool, Trash, Security, Water)
🏢 Zoning: 5000 – Residential
📆 Minimum Lease Period: 8–12 months
🐾 Pets: Allowed (per HOA approval)
📞 Listing Brokerage: Preferred Real Estate Brokers
“Key Reasons to Invest in This Property?”
Waterfront properties in Miami Lakes are a scarce asset with steady long-term value. This unit has appreciated over 70% in the last few years and offers low taxes, manageable HOA, and a flexible lease policy—making it ideal for long-term tenants, relocators, or retirement rental strategy.