6820 W Flagler Street 212, Miami, FL 33144
Miami, FL, 33144 · MADRID TERRACE CONDO
$189,900
1 bd · 1 ba · 697 sqft
About this home
Charming 1-bedroom, 1-bathroom apartment located in the heart of Miami. This well-maintained unit offers an excellent opportunity for both investors and end-users. Situated in a highly desirable area, the property provides convenient access to major highways, shopping, dining, and is just minutes from Miami International Airport.The apartment features recent upgrades, including a new air conditioning unit installed less than a year ago, a dehumidifier to effectively control indoor humidity, and a brand-new stove, enhancing comfort and functionality.The property is currently tenant-occupied through the Section 8 program, with a lease in place until December 2026 and an option to renew, offering immediate and stable rental income for investors. The new owner must honor the existing lease agreement.Ideal as an income-producing property or as a future primary residence, this unit is perfectly suited for a single occupant or a couple seeking comfort and convenience in a prime location.Don’t miss this opportunity to own in a sought-after Miami neighborhood with strong rental demand and excellent accessibility.
The building
Madrid Terrace
Market stats, every listing & what homes here are worth →
Location
Comparable residences
$125,000
2 bd · 2 ba · 1,040 sf
19051 NE 2nd Avenue 1517, Miami, FL 33179
Listing courtesy of Lifestyle International Realty
$175,000
1 bd · 2 ba · 861 sf
1301 NE Miami Gardens Drive 1522W, Miami, FL 33179
Listing courtesy of Cash Flow in Miami Realty
$209,900
1 bd · 1 ba · 540 sf
4550 SW 67th Avenue 7, Miami, FL 33155
Listing courtesy of Florida Realty of Miami Corp
$235,000
2 bd · 2 ba · 1,156 sf
1101 NE 191st Street H314, Miami, FL 33179
Listing courtesy of Lifestyle International Realty
$240,000
1 bd · 1 ba · 558 sf
2441 SW 31st Avenue 303, Miami, FL 33145
Listing courtesy of Intertrust Realty Corp.
$244,900
0 bd · 1 ba · 571 sf
700 NE 63rd Street D506, Miami, FL 33138
Listing courtesy of Realty Hub