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
Source:
MIAMI MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Aug 7, 2026 | 29 days ago | Price decreased18,000 (9%) | $182,000 |
| Apr 24, 2026 | 4 mos ago | New on market | $200,000 |