8290 Lake Dr 506, Doral, FL 33166 — MLS photo

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8290 Lake Dr 506, Doral, FL 33166

Active · Condominium

$290,000

8290 Lake Dr 506, Doral, FL 33166

Beds
2
Baths
2
Living area
1,036 sq ft
$ / sq ft
$280/sq ft
Year built
1986
Lot size
—
HOA fee
$560 Monthly
Annual tax
$4,202

About this property

ENTHOUSE LEVEL 2/2 IN LAS VISTAS AT DORAL! This rare 5th-floor top unit offers private, sweeping golf course views from your screened balcony. Enjoy ultimate peace and total serenity with no upstairs neighbors. Spanning a spacious 1,036 sq. ft., this condo features a highly functional layout, granite countertops, classic wood cabinetry, and a convenient in-unit laundry room. INVESTOR FRIENDLY: Excellent income potential with the unique ability to lease the property during the very first year of ownership. SOLD AS-IS: The property needs minor cosmetic TLC, offering a value-add opportunity for a savvy investor seeking equity potential or a custom fixer-upper buyer who wants to design their home. Residents enjoy premium resort-style living on a palatial, beautifully landscaped property. Top-tier community amenities include 4 swimming pools, 3 tennis courts, a racquetball court, and a fully equipped fitness center. UNBEATABLE LOCATION: Situated in the heart of Doral, you are just minutes away from Miami International Airport, Mall of the Americas, and the premium dining, shopping, and entertainment at CityPlace Doral. The community provides ultimate peace of mind with 24-hour gated security and manned entry.

Property location

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8290 Lake Dr 506, Doral, FL 33166

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,036 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Eat In Kitchen, First Floor Entry, Living Dining Room, Main Living Area Entry Level, Other, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1986
Stories
5
Architectural style
Garden Apartment, Other
Construction
Block
Exterior features
Balcony, Courtyard, Fence, Other
Pool
Association
View
Golf Course

Parking

Garage spaces
0
Covered spaces
0
Parking features
Detached Carport, Detached, Garage, Guest

HOA, Community & Financials

Association fee
$560 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Legal Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Basketball Court, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Tennis Courts, Trash, Vehicle Wash Area, Elevators
Security
Complex Fenced, Other, Security Guard
Pets allowed
Conditional, Cats Ok, Dogs Ok, Size Limit, Yes
Annual tax
$4,202
Subdivision
LAS VISTAS AT DORAL CONDO
County
Miami-Dade
Days on market
89
MLS listing ID
A12028086
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

-$58

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-0.9%
Gross yield
11.0%
Mortgage payment
$1,375/mo
Down payment
$72,500
Loan amount
$217,500
Annual NOI
$15,798

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