7355 SW 89th St 501N, Miami, FL 33156 — MLS photo

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7355 SW 89th St 501N, Miami, FL 33156

Active · Condominium

$420,000

7355 SW 89th St 501N, Miami, FL 33156

Beds
2
Baths
2
Living area
1,168 sq ft
$ / sq ft
$360/sq ft
Year built
2007
Lot size
—
HOA fee
$1,303
Annual tax
—

About this property

Welcome to this beautiful 2-bedroom, 2-bath condo in Toscano, featuring a comfortable split floor plan filled with natural light. The residence includes granite countertops, SS appliances, and two parking spaces plus a storage unit. Enjoy amenities including a community pool, fitness center, yoga room, BBQ area, elegant clubhouse, 24-hour security, concierge, and valet parking. Prime location across from Dadeland Mall, steps from Publix, dining, shops, and the Metrorail, and minutes to UM, Baptist Hospital, Coral Gables, Coconut Grove, Brickell, and the Beaches. Currently tenant-occupied till 6/15/2026 — an excellent opportunity for investors or future end-users seeking a well-maintained, income-producing property in one of Miami’s most convenient neighborhoods.

Property location

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7355 SW 89th St 501N, Miami, FL 33156

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,168 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,303
County
Miami-Dade
MLS listing ID
A12012659
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

-$1,273

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-13.0%
Gross yield
9.3%
Mortgage payment
$1,991/mo
Down payment
$105,000
Loan amount
$315,000
Annual NOI
$8,620

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