5201 NW 7th St # 104, Miami FL 33126 | Miami-Dade County | A12007568
- $200,000
- Condominium
- 1
- 1
- 0
- 756 Sq Ft
5201 NW 7th St # 104, Miami FL 33126 | Miami-Dade County | A12007568
- $200,000
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 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 Overview
This ground-floor unit in the El Cid Condominium is a 1-bedroom, 1-bathroom condo with 756 square feet of living space, currently leased to long-term tenants. The property is priced at $200,000 and comes with a monthly HOA fee of $350. El Cid, built in 1972, is located at 5201 NW 7th St in Miami and offers amenities including a pool, elevator access, secured entry, and assigned parking. The unit’s first-floor location makes it particularly accessible and convenient for tenants. Sitting in a central part of Miami, this unit benefits from proximity to major highways, Miami International Airport, Downtown, and Coral Gables, all of which support strong rental demand. The building has a history of stable occupancy, and the current tenants are long-term renters, providing reliable cash flow from the start. For investors, this unit offers a solid opportunity in a well-connected location with ongoing demand and established rental potential.
Frequently Asked Questions
Where is the property located?
The property is located at 5201 NW 7th St #104, Miami, FL 33126. It is in the El Cid Condominium, a central Miami neighborhood with easy access to major highways, Downtown Miami, Coral Gables, and Miami International Airport.
What are the unit specifications?
The unit is a one-bedroom, one-bathroom condominium with a living area of 756 square feet. It is a ground-floor unit and does not have a half-bathroom.
Is the unit currently occupied?
Yes, the unit is currently occupied by long-term tenants. It has a history of stable rental income and is offered as an investment opportunity with immediate cash flow potential.
What are the HOA fees?
The monthly HOA fee is $350. The El Cid Condominium community offers amenities including a pool, elevator access, secured entry, and assigned parking.
What is the asking price?
The asking price for this unit is $200,000.
What are the key benefits for an investor?
The unit offers consistent rental demand, a proven rental history in the building, and a convenient location in a well-connected part of Miami. Its ground-floor position and existing long-term tenants make it an attractive, low-maintenance investment option.
Monthly Fees & Carrying Costs
| Association Fee | $350 / month |
| Total Monthly Fees | $350 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Address
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Address: 7th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33126
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Area: EL CID CONDO
Details
Updated on June 30, 2026 at 5:34 am-
Property ID A12007568
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Price $200,000
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Property Size 756 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Garage 0
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Year Built 1972
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Other, Tile
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Bedroom Features Entry Level
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Cooling Central Air
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Association Type Condo
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Building EL CID
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Association Fee Frequency Monthly
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Area El Cid Condo
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Annual Tax 3324
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Association Yes
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Elementary School Flagler; Henry M.
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision EL CID CONDO
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Total Stories 6
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Restrictions No Daily Rentals, Other Restrictions
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Maintenance Includes Building Exterior, Common Area, Landscaping/Lawn Maintenance, Outside Maintenance, Pool Service, Security
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Amenities Laundry, Pool
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Parking 1 Space, Limited # Of Vehicle
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 756
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Covered Spaces 0
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Middle School Kinlock Park
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Unit Floor 1
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View Other View
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Year Built Details Unknown
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High School South Miami
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Pets Allowed Yes
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Attached Yes
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Unit Number 104
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Half Bathrooms 0
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Flood Zone AH
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 0
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Style Condo 5+ Stories
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Association Fee 350
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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