5201 NW 7th Street #104 Miami, FL 33126

$182,000
1
Beds
1
Baths
756
SQFT
241
$/SQFT
$182,000
1
Beds
1
Baths
756   sf
$241 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    El Cid Condo
  • HOA Dues
    $350/mo
  • Tax Amount
    $3,324
  • Status
    Active
  • Listing #
    A12007568
  • Built
    1972
  • Listed on site
    133 days
  • Listing Agent Id
    3260101
  • Listing Agent Phone
    305-297-4288

Listed by:
True North Real Estate Florida LLC

Source:
MIAMI MLS

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Property details

Community Features

  • Has HOA

Property History

DateDays AgoEventNew Price
Aug 7, 202629 days agoPrice decreased18,000 (9%)$182,000
Apr 24, 20264 mos agoNew on market$200,000
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