Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 888 sq ft
Active · Condominium
$239,900
5505 NW 7th St W406, Miami, FL 33126
- Beds
- 2
- Baths
- 2
- Living area
- 888 sq ft
- $ / sq ft
- $270/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $436
- Annual tax
- —
About this property
Gated community in sought after central location Building in pristine condition and fob entry only Unit is equipped with hurricane shutters Long term tenant in place paying $2120 monthly rent, lease ends July 2027 One reserved parking and limited visitor parking inside. Approved SA starts 7/1/2026 $138.39 x 24 months (Concrete restoration, waterproofing and painting) Owner pays monthly and buyer to assume upon purchase.
Property location
Get Directions5505 NW 7th St W406, Miami, FL 33126
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $436
- County
- Miami-Dade
- MLS listing ID
- A11941147
- 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
-$61
- Cap rate
- 5.4%
- Net yield
- 5.4%
- Cash-on-cash return
- -1.1%
- Gross yield
- 11.3%
- Mortgage payment
- $1,137/mo
- Down payment
- $59,975
- Loan amount
- $179,925
- Annual NOI
- $12,917
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.