Active · Condominium
$200,000
15600 NW 7th Ave 703, Miami, FL 33169
- Beds
- 2
- Baths
- 2
- Living area
- 1,087 sq ft
- $ / sq ft
- $184/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $542 Monthly
- Annual tax
- $2,335
About this property
INVESTORS WANTED-CONDO FOR SALE – Has great tenants that want to stay long term paying $2000 per month. Near Golden Glades Welcome to this beautifully updated 2-bedroom, 2-bathroom condo in a super convenient location just minutes from Golden Glades, major highways, shopping, dining, and more! Property Highlights: Spacious 2/2 layout, bright, open living areas, updated kitchen & bathrooms, ideal for owner-occupants or investors. Easy access to I-95, Turnpike & Palmetto. Ok to lease 1st year per property manager however no daily leasing. Please verify with HOA in casse any changes. Whether you’re a first-time buyer, downsizing, or looking for a smart investment, this condo checks all the boxes. Great location. Great layout. Great opportunity. Tenants lease expires June 14, 2027.
Interior & exterior features
Appliances
- Electric Range
- Microwave
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Other
Parking
- One Space
Interior features
- Elevator
- Kitchen Island
Exterior features
- Balcony
Flooring
- Other
construction
- Block
security
- Key Card Entry
association_amenities
- Elevators
- Laundry
association_fee_includes
- Sewer
- Trash
- Water
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
$455
- Cap rate
- 8.4%
- Net yield
- 8.4%
- Cash-on-cash return
- 9.7%
- Gross yield
- 15.0%
- Mortgage payment
- $948/mo
- Down payment
- $50,000
- Loan amount
- $150,000
- Annual NOI
- $16,837
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.