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  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 697 Sq Ft
  • Area Size
Active Residential Active
6820 W Flagler St # 212, Miami FL 33144 | Miami-Dade County | A12025914
  • $185,900

Description

Charming 1-bedroom, 1-bathroom apartment located in the heart of Miami. This well-maintained unit offers an excellent opportunity for both investors and end-users. Situated in a highly desirable area, the property provides convenient access to major highways, shopping, dining, and is just minutes from Miami International Airport.

The apartment features recent upgrades, including a new air conditioning unit installed less than a year ago, a dehumidifier to effectively control indoor humidity, and a brand-new stove, enhancing comfort and functionality.

The property is currently tenant-occupied through the Section 8 program, with a lease in place until December 2026 and an option to renew, offering immediate and stable rental income for investors. The new owner must honor the existing lease agreement.

Ideal as an income-producing property or as a future primary residence, this unit is perfectly suited for a single occupant or a couple seeking comfort and convenience in a prime location.

Don’t miss this opportunity to own in a sought-after Miami neighborhood with strong rental demand and excellent accessibility.

Property Overview

This one-bedroom, one-bathroom apartment at Madrid Terrace Condo in Miami has 697 square feet of living space and is currently available for purchase at $189,900. Built in 1973, the unit is well-maintained and has recently seen several improvements, including a new air conditioning unit installed within the last year, a dehumidifier for better indoor climate control, and a brand-new stove. Located at 6820 W Flagler St #212, the apartment is in a convenient location with easy access to major highways, shopping, dining, and proximity to Miami International Airport. The property is currently occupied under a Section 8 lease that runs through December 2026 with an option to renew. The new owner is required to honor the lease agreement, which could provide immediate and stable rental income. The monthly HOA fee is $398. This unit offers a good balance of comfort and practicality, making it suitable for a single occupant or a couple looking for a residence or investment property. For more details or to schedule a visit, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

The unit has 1 bedroom and 1 full bathroom.

What is the square footage of the living area?

The living area is 697 square feet.

What is the current price of the property?

The current asking price is $189,900.

What are the monthly HOA fees?

The monthly HOA fee is $398.

When was the unit last updated, and with what?

The unit has recent upgrades, including a new air conditioning unit installed less than a year ago, a dehumidifier, and a brand-new stove.

Is the unit currently occupied?

Yes, the unit is currently occupied under a Section 8 lease agreement through December 2026, with an option to renew.

Monthly Fees & Carrying Costs

Association Fee $398 / month
Total Monthly Fees $398 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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Address

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  • Address: Flagler St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33144
  • Area: MADRID TERRACE CONDO

Details

Updated on September 28, 2026 at 11:43 pm
  • Property ID A12025914
  • Price $185,900
  • Property Size 697 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 1973
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Garden View
  • Cooling Ceiling Fan(s), Electric
  • Heating Electric
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Unit Floor 2
  • High School South Miami
  • Unit Number 212
  • Building MADRID TERRACE CONDO
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional
  • Area Madrid Terrace Condo
  • Total Stories 4
  • Waterfront No
  • Association Yes
  • Full Bathrooms 1
  • Half Bathrooms 0
  • Covered Spaces 1
  • Style Condo 1-4 Stories
  • Private Pool No
  • Structure Type Condo 1-4 Stories, Condo
  • Association Fee 398
  • Parking 1 Space
  • Subdivision MADRID TERRACE CONDO
  • Annual Tax 1993
  • Elementary School Fairlawn
  • Year Built Details Resale
  • Building Area 697
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Attached Yes
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Amenities Pool, Trash Chute
  • Restrictions Auto Parking On
  • Middle School West Miami
  • Construction Concrete Block Construction
  • Pets Allowed No
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo, Homeowners
  • Maintenance Includes All Amenities
  • Membership Purchase Required No

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