5+ Days Ago
Highlights
- Excellent schools
- Contemporary kitchen
- Stunning water views
Location
1987 Ne 123rd St, North Miami, FL 33181, USA
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Property Overview
Located in an area with excellent schools, this property offers stunning water views and a contemporary kitchen that enhances its appeal. With 30 photos available, potential renters can easily assess its features, and the property ranks in the 85.27 percentile for value per square foot compared to nearby listings, indicating a competitive offering in the market.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images Available
- Laundry available on site
Great for
Pet owners
Amenities for 1987 Ne 123rd St
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1987 Ne 123rd St
Property Status: Active This attractive waterfront townhome comes unfurnished and includes a private boat dock with no fixed bridges, ensuring easy access to the ocean. Featuring two bedrooms and two bathrooms, it boasts a contemporary kitchen equipped with extensive counter space and generous storage. The thoughtful layout is perfect for hosting guests. From the comfort of your new home, relish in stunning water views and the tranquility of nature, all while being conveniently situated mere minutes from vibrant cafes, top-tier restaurants, bustling shops, and excellent schools. An ideal setting for both relaxation and entertainment! Furniture is available with the rental if interested. Office Phone: (305) 697-5402 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1987 Ne 123rd St, North Miami, FL 33181, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 386 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 33181 |
|---|---|
| Type | House for rent |
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Rent trends in North Miami
2-bedroom apartments at 1987 Ne 123rd St cost about 55% more than the average rent price for 2-bedroom apartments in North Miami.
Median rents as of Mar 28 2026.
North Miami
| Month | Median Rent |
|---|---|
| April 2024 | $2,516 |
| May 2024 | $2,500 |
| June 2024 | $2,520 |
| July 2024 | $2,650 |
| August 2024 | $2,794 |
| September 2024 | $2,900 |
| October 2024 | $2,600 |
| November 2024 | $2,476 |
| December 2024 | $2,590 |
| January 2025 | $2,567 |
| February 2025 | $2,537 |
| March 2025 | $2,469 |
| April 2025 | $2,550 |
| May 2025 | $2,354 |
| June 2025 | $2,256 |
| July 2025 | $2,447 |
| August 2025 | $2,481 |
| September 2025 | $2,490 |
| October 2025 | $2,471 |
| November 2025 | $2,479 |
| December 2025 | $2,424 |
| January 2026 | $2,385 |
| February 2026 | $2,442 |
| March 2026 | $2,500 |
Affordability calculator
Can I afford to live at 1987 Ne 123rd St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$155,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $155,000 annually to afford this 2-bedrooms monthly rent price of $3,875.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $4,000 | 2 bed | 2 bath | ||
| 2 months ago | $4,000 | 2 bed | 2 bath | ||
| 1 year ago | $4,200 | 2 bed | 2 bath | ||
| 1 year ago | $4,350 | 2 bed | 2 bath | ||
| 1 year ago | $4,500 | 2 bed | 2 bath | ||
| 2 years ago | $4,500 | 2 bed | 2 bath | ||
| 2 years ago | $4,750 | 2 bed | 2 bath |
Schools near 1987 Ne 123rd St
David Lawrence Jr. K-8 Center
15000 bay vista blvd
north miami, FL, 33181
PK, K-8Public
B
North Dade Center for Modern Languages Elementary School
1840 nw 157th st
miami gardens, FL, 33054
K-5Public
A
Thena Crowder Early Childhood Diagnostic Special Education Center
757 nw 66th st
miami, FL, 33150
PK, KPublic
Teenage Parent Program
6300 nw 27th ave rm 92
miami, FL, 33147
PKPublic
Gulfstream Early Childhood Center Of Excellence
120 sw 4th ave
hallandale beach, FL, 33009
PKPublic
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Internet available near 1987 Ne 123rd St
Getting around North Miami near 1987 Ne 123rd St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1987 Ne 123rd St, North Miami
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
1987 Ne 123rd St, North Miami, FL
1987 Ne 123rd St North Miami, FL
Occupied
1987
2 Beds
2 Baths
$4,000
Dishwasher • On-Site Laundry • Walk-In Closets • Balcony
Occupied
0
2 Beds
2 Baths
$4,500
Deck • Balcony • In-Unit Laundry • Air Conditioning • Oven • Assigned Parking
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