5300 NW 87th Ave 606, Doral, FL 33178 — MLS photo

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5300 NW 87th Ave 606, Doral, FL 33178

Active · Condominium

$150,000

5300 NW 87th Ave 606, Doral, FL 33178

Beds
1
Baths
1
Living area
705 sq ft
$ / sq ft
$213/sq ft
Year built
2007
Lot size
—
HOA fee
$1,056
Annual tax
—

About this property

Beautifully finished and fully furnished studio unit at The Blue Resort with 705 square feet of living space. Currently in Provident's hotel program and can remain to generate immediate income while allowing owner use throughout the year. This unit features a bathroom with double vanity, shower, and bathtub, as well as a fully equipped kitchenette. The Blue features a restaurant, fitness center, 24 hour security, a spa, and a beautiful resort style pool. Located in the heart of Doral and walking distance to Downtown Doral and the Trump National Hotel & Golf Course, and just a short drive to City Place Doral, the airport, and Brickell/Downtown/Beaches. Condo association fee covers all utilities and amenities, including electricity, hot water, basic cable, WiFi, 24 hour security and more!

Property location

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5300 NW 87th Ave 606, Doral, FL 33178

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
705 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,056
County
Miami-Dade
MLS listing ID
A11374679
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$591

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.9%
Gross yield
13.5%
Mortgage payment
$711/mo
Down payment
$37,500
Loan amount
$112,500
Annual NOI
$1,444

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.