8501 NW 8th St 105, Miami, FL 33126 — MLS photo

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8501 NW 8th St 105, Miami, FL 33126

Active · Condominium

$305,000

8501 NW 8th St 105, Miami, FL 33126

Beds
2
Baths
2
Living area
1,099 sq ft
$ / sq ft
$278/sq ft
Year built
1977
Lot size
—
HOA fee
$627 Monthly
Annual tax
$0

About this property

First-floor condo in the desirable Summit Chase community, offering the perfect combination of comfort, convenience, and accessibility. With no stairs or elevators, this home is ideal for those seeking easy access, including seniors, individuals with mobility needs, or anyone who appreciates the convenience of first-floor living. Inside, you'll find a bright and spacious living area highlighted by a distinctive decorative rock accent wall that adds warmth and character. The screened-in patio provides the perfect space to enjoy your morning coffee or unwind after a long day. The kitchen features stainless steel appliances, while the oversized walk-in closet offers exceptional storage. Residents of Summit Chase enjoy a wealth of community amenities, including 24-hour security, a sparkling swimming pool, tennis courts, and a clubhouse. The property includes one assigned parking space with plenty of guest parking available. Ideally located with quick access to SR 836 (Dolphin Expressway), the Florida Turnpike, shopping, dining, healthcare facilities, and major employment centers, this condo offers an unbeatable combination of lifestyle and location. The building has also successfully completed its 40-year certification, providing additional peace of mind for buyers. This move-in-ready condo is one you won't want to miss.

Interior & exterior features

Appliances

  • Dishwasher
  • Electric Range
  • Refrigerator

Cooling

  • Central Air

Heating

  • Central

Views

  • Garden

Parking

  • Guest
  • One Space

Interior features

  • Bedroom On Main Level
  • First Floor Entry
  • Handicap Access
  • Main Level Primary

Exterior features

  • Enclosed Porch
  • Patio

Pool

  • Association

Flooring

  • Tile

construction

  • Block

security

  • Complex Fenced
  • Security Guard

association_amenities

  • Clubhouse
  • Laundry
  • Pool
  • Tennis Courts
  • Elevators

association_fee_includes

  • Association Management
  • Amenities
  • Common Areas
  • Insurance
  • Laundry
  • Maintenance Grounds
  • Maintenance Structure
  • Parking
  • Pools
  • Recreation Facilities
  • Reserve Fund
  • Roof
  • Sewer
  • Security
  • 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

$285

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.0%
Gross yield
11.1%
Mortgage payment
$1,446/mo
Down payment
$76,250
Loan amount
$228,750
Annual NOI
$20,765

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