5300 NW 87th Ave 1308, Doral, FL 33178 — MLS photo

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5300 NW 87th Ave 1308, Doral, FL 33178

Active · Condominium

$230,000

5300 NW 87th Ave 1308, Doral, FL 33178

Beds
1
Baths
2
Living area
1,070 sq ft
$ / sq ft
$215/sq ft
Year built
2008
Lot size
—
HOA fee
$1,599
Annual tax
—

About this property

Great opportunity to own a unit in the famous Provident at the Blue. Ground floor unit is very spacious can be used by the owner and enrolled in the hotel program. It is located just across the street from Downtown Doral, and adjacent to the world famous Trump National Golf Club. This condo hotel ranked best top 10 hotels in Miami by us news. Unit is fully furnished and has washer/dryer. 1 large bedroom room, 2 full baths, and a sofa bed. This property offers unmatched flexibility of ownership, and can either be rented on a short term basis (daily rentals allowed) or occupied for 6 months a year. ALL utilities, (electricity, water, cable/WIFI, HVAC repair and maintenance, reserves, and more). Lots of amenities including a spa on site.

Property location

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5300 NW 87th Ave 1308, Doral, FL 33178

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,070 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,599
County
Miami-Dade
MLS listing ID
A11645777
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

-$885

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
13.4%
Mortgage payment
$1,090/mo
Down payment
$57,500
Loan amount
$172,500
Annual NOI
$2,469

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