Condo
1
Beds
1
Baths
756
SQUARE FEET
Condominium
Type
1972
Built
Overview
This condo in Miami has 1 bedroom and 1 bathroom across 756 square feet, and is listed for sale at $200,000 (about $265 per square foot). Built in 1972.
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.
Property details
MLS #A12007568
Price$200,000
Size756 Square Feet
Bedrooms1
Bathrooms1
Year built1972
TypeCondominium
StatusFor Sale
Price / Square Feet$265
Features & amenities
Electric Range
First Floor Entry
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Microwave
Open Balcony
Other
Property Attached
Refrigerator
Self Cleaning Oven
Location
5201 NW 7th St # 104, Miami FL 33126
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