REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sergio Palmero

surgepalmero@gmail.com +1(718) 915-8957

$ 200,000

Est. payment -/mo

Save Virtual Tour

New

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

Min Days of Lease 365

Leases Per Year 1

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

Community El Cid Condo

Area 31

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Central

Cooling Central Air

Flooring Other, Tile

Appliance Electric Range, Microwave, Refrigerator, Self Cleaning Oven

Laundry Common Area

Exterior

Exterior Feature Balcony

Pool Association

Amenities Available Laundry, Pool

View Other

Porch Balcony, Open

Garage No

Private Pool Yes

Building

Story 1

Architectural Style Other

Level or Stories One

Structure Type Block

Schools

Elementary Schools Flagler; Henry M.

Middle Schools Kinlock Park

High Schools South Miami

Others

Pets Allowed Size Limit, Yes

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

Senior Community No

Restrictions Limited Number Vehicles,Other Restrictions

Tax ID 01-31-31-022-1000

Security Features Complex Fenced,Other,Phone Entry

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Size Limit, Yes

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

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Vivienda Miami R.E. Group, Inc

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(718) 915-8957

surgepalmero@gmail.com

122 W Pine St, Suite 105, Orlando, FL, 32801, USA