Property Details
| Asking Price | $182,000 |
|---|---|
| Price per SqFt | $241 |
| Maintenance fee | $350 Monthly |
| Property Taxes | $3,324 2025 |
| Interior Space | 756 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1972 |
| MLS # | A12090184 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
Located in the El Cid Condominium at 5201 NW 7th St, this ground-floor unit presents a strong opportunity for investors seeking immediate and stable rental income. The property is currently tenant-occupied with long-term tenants in place, providing consistent cash flow from day one. Situated in a central Miami location, the building offers convenient access to major highways, Miami International Airport, Downtown Miami, and Coral Gables, contributing to strong and ongoing rental demand. El Cid is a residential condominium community featuring amenities such as a pool, elevator access, secured entry, and assigned parking. The unit’s ground-floor location adds convenience and accessibility, which is appealing to tenants and supports long-term occupancy. With a proven rental history in the building and consistent demand in the area, this property is an excellent addition to an investor portfolio in a central and well-connected Miami location.
Listed by True North Real Estate Florida LLC
Sales History for This Home · 5201 NW 7th St 104
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| F1248104 | $67,000 | 12/27/13 |
Listed by True North Real Estate Florida LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.