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April Okun

april.okun@engelvoelkers.com +1(772) 696-6586

$ 200,000

Est. payment -/mo

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Active

5201 NW 7th ST #104 Miami, FL 33126

1 Bed

1 Bath

756 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 756 sqft

Price per Sqft $264

Subdivision El Cid Condo

MLS Listing ID A12007568

Style Other

Bedrooms 1

Full Baths 1

HOA Fees $350/mo

HOA Y/N Yes

Total Fin. Sqft 756

Year Built 1972

Annual Tax Amount $3,324

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Area 2310

Interior

Interior Features Bedroom on Main Level

Heating Central

Cooling Central Air

Flooring Other, Tile

Fireplace No

Appliance Electric Range, Microwave, Oven, Refrigerator

Exterior

Exterior Feature Balcony, Outdoor Living Area

Pool Association

Amenities Available Laundry, Pool

View Y/N Yes

View Other

Porch Open, Balcony

Garage No

Building

Story 6

Entry Level One

Architectural Style Other

Level or Stories One

Unit Floor 1

Structure Type Block

Schools

Elementary Schools Henry M. Flagler

Middle Schools Kinloch Park

High Schools South Miami

Others

Pets Allowed Yes

HOA Fee Include Common Areas,Maintenance Grounds,Maintenance Structure,Pool(s),Security

Senior Community No

Restrictions Limited Number Vehicles,Other Restrictions

Tax ID 0131310221000

Security Features Other,Phone Entry,Security Fence

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12007568

Listed by Reyson Yee True North Real Estate Florida LLC

NEARBY SCHOOLS & PROPERTIES

April Okun

Advisor | License ID: 3212299

+1(772) 696-6586

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