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… Read More 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. Read Less
Courtesy of True North Real Estate Florida LLC 786-234-9098
Listing Snapshot
Days Online
32
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
756
Year Built
1972
MLS Number
A12090184
Additional Details
Appliances & Equipment
Electric Range, Microwave, Oven, Refrigerator
Building
Built in 1972, Living area: 756.0, 6 stories, Entry level: 1, Construction Materials: Block
Cooling
Central Air
Exterior Features
Balcony
Floors
Tile
Heating
Central
Home Owner's Association
Association Fee: $350, Fee Frequency: Monthly, Fee Includes: Pool Service, Common Areas, Maintenance Grounds, Maintenance Structure, Security, Amenities: Pool, Laundry
Parking
1 open parking spaces
Pets Policy
Allowed: Yes
Security Features
Entry - Phone/Intercom, Security Fence
Taxes
Parcel Number: 0131310221000, Annual Amount: $3,324, Legal Description: EL CID CONDO UNIT 104 - WEST BLDG UNDIV .45224% INT IN COMMON ELEMENTS OFF REC 10527-1992 & 10548-2113 OR 19390-930 1000 1, Year: 2025
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