5201 NW 7th St #106 new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33126
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 504 sqft
Price per Sqft $357
Subdivision El Cid Condo
MLS Listing ID A11908725
Style Other
Full Baths 1
HOA Fees $249/mo
Min Days of Lease 365
Year Built 1972
Annual Tax Amount $2,540
Tax Year 2024
Property Sub-Type Condominium
Property Description
Beautiful studio in a prime central Miami location! This condo places you minutes from Miami International Airport, Coral Gables, Downtown, Brickell, and the Beaches. The Blue Lagoon area is known for its peaceful lakeside views, strong rental demand, and easy access to major highways, shopping centers, restaurants, and professional offices. The unit features a new A/C (less than one year old) and is currently rented to excellent tenants for $1,600/month. With continued area growth and the upcoming Miami Freedom Park project nearby, this property offers great long-term potential and an estimated 7.6% ROI — ideal for investors seeking stable income in one of Miami's most connected neighborhoods.
Location
State FL
County Miami-dade
Community El Cid Condo
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Laundry Common Area
Exterior
Exterior Feature Balcony,Fence
Pool Association
Amenities Available Clubhouse,Laundry,Pool,Elevator(s)
View Other
Building
Structure Type Block
Schools
Elementary Schools Flagler; Henry M.
Middle Schools Kinlock Park
High Schools South Miami
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is
Pets Allowed Conditional,Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11908725