8321 NW 7th St 1-307, Miami, FL 33126 — MLS photo

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8321 NW 7th St 1-307, Miami, FL 33126

Active · Condominium

$285,000

8321 NW 7th St 1-307, Miami, FL 33126

Beds
2
Baths
2
Living area
840 sq ft
$ / sq ft
$339/sq ft
Year built
1986
Lot size
—
HOA fee
$265 Monthly
Annual tax
$3,519

About this property

Well-maintained condo featuring 2 spacious bedrooms and 2 full bathrooms, along with 2 assigned parking spaces. The unit offers a functional layout with ample living and dining areas, a practical kitchen, and the convenience of an in-unit washer and dryer. Enjoy an oversized, titled west-facing balcony with beautiful sunset views, providing a perfect outdoor space to relax. Property is currently leased, making it an ideal opportunity for investors seeking immediate rental income. Additionally, the community offers low maintenance fees, enhancing its investment appeal. Centrally located within close proximity to Miami International Airport, major highways, schools, and shopping centers, and just minutes from Miami Beach.

Property location

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8321 NW 7th St 1-307, Miami, FL 33126

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
840 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Other
Interior features
Other, Split Bedrooms

Exterior & Structure

Property type
Condominium
Year built
1986
Stories
6
Architectural style
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Courtyard
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Two Or More Spaces

HOA, Community & Financials

Association fee
$265 Monthly
Fee inclusions
Amenities, Trash, Water
Amenities
Elevators
Security
Complex Fenced, Phone Entry
Pets allowed
Conditional, Yes
Annual tax
$3,519
Subdivision
FLAMINGO COURT CONDO
County
Miami-Dade
Days on market
216
MLS listing ID
A11985311
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

-$9

Cap rate
5.7%
Net yield
5.7%
Cash-on-cash return
-0.1%
Gross yield
9.7%
Mortgage payment
$1,351/mo
Down payment
$71,250
Loan amount
$213,750
Annual NOI
$16,103

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