$200,000
1 Bed · 1 Bath · 756 sqft
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.
Bedrooms
1
Bathrooms
1
Living Area
756 sqft
Heating
Central
Cooling
Central Air
Interior Features
First Floor Entry
Exterior Features
Other, Open Balcony
Parking Details
1 Space, Limited # Of Vehicle
Property Type
Condominium
MLS#
458570283
Year Built
1972
Area
El Cid Condo
HOA/Maintenance
$350/mo
Days on Market
67
Monthly Payment
$1,590/mo
Listing courtesy of True North Real Estate Florida LLC
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


