Bill Knauer
BEDS1
BATHS1 full
SQUARE FEET756
MLS#A12007568
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONEL CID CONDO
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 units 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 Features
Property Type: Residential - Condominium
Cooling: Central Air
Fenced: Yes
Heating: Central
Stories: 6.0
Taxes: $3,324
Year Built: 1972
Amenities
First Floor Entry
Other
Open Balcony
Feature Descriptions
Appliances: Microwave, Electric Range, Refrigerator, Self Cleaning Oven
Association Amenities: Laundry, Pool
Crops Included Y/N: No
Days on Site: 1
Exterior: Concrete Block Construction
Flooring: Other, Tile
HOA Fee: 350/ Monthly
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Parcel#: 01-31-31-022-1000
Parking: 1 Space, Limited # Of Vehicle
Parking Notes: 1 Space, Limited # Of Vehicle
Patio/Porch: Open Balcony
Pets Allowed: Maximum 20 Lbs
Property Attached Y/N: Yes
Property Sub-Type: Condominium
Security: Complex Fenced, Phone Entry, Other
Special View Info: Other View
Local Schools
High School: South Miami
Middle School: Kinlock Park
Elementary School: Flagler; Henry M.
Listed By / Shown By
Listed By
Agency Name: Vivienda Miami R.E. Group, Inc
Agency Phone: 305-222-1888
Shown By
Agent Name: Bill Knauer
Agent Phone: (317) 600-1188
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 1,399.82 per month $1,064.48 Principal & Interest $277.00 Property Tax $58.33 Homeowner's InsuranceChange Payment Information
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5201 NW 7th St, Unit 104 | MLS# A12007568
This condo located at 5201 NW 7th St, Unit 104, Miami, FL 33126 is currently listed for sale with an asking price of $200,000. This property was built in 1972 and has 1 bedrooms and 1 full baths with 756 sq. ft. NW 7th St, Unit 104 is located in the EL CID CONDO subdivision. Search EL CID CONDO real estate on billknauer.adamscameron.com today.