MADISON DOWNTOWN CONDO

850 N Miami Ave # 1603, Miami FL 33136

2 beds · 2 baths · 914 ft²

Closed

$395,000

Est. Payment $2,102/mo

MLS Sheet Video

Bedrooms

Bathrooms

914

Sq. Ft.

1989

Year Built

Garage

Stories

Days on Market

Description

Renovated high floor condo at The Madison in downtown Miami. This condo boasts a split floor plan with porcelain flooring throughout, an open kitchen with granite countertops and stainless steel appliances, impact windows and sliding doors and updated bathrooms. It offers views of the downtown Miami skyline plus The Madison tennis courts and pool. The Madison offers great amenities including 24-hour security, fitness center with Cybex equipment, lighted tennis and basketball courts, a new pool/spa, a beach sand volleyball court, covered parking, movie theater, cyber cafe, billiard room, poker room a kid's room and much more. The Madison is conveniently located walking distance to the Metro Rail, the Brightline, cafes and shops. This condo is a great investment! (Agents see broker remarks)

Facts

MLS#: A11548421
Subdivision: MADISON DOWNTOWN CONDO
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1989
Lot Size: 0 sqft
Sq. Ft.: 914 ft²
Sq. Mt.: 85 m²
Price per sq. ft.: $432/ft²
Price per sq. mt.: $4,647/m²
Stories: 20
Garage: 1 spaces
Pool: Private
Days on Market: 19 days
Listed: Mar 12, 2024
Last Updated: Aug 15, 2024
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/15/2024	Sold	$395,000
3/12/2024	Listed for sale	$395,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

850 N Miami Ave # 1603, Miami FL 33136Directions

Estimated Monthly Payment

$2,582/mo

Principal & Interest

$2,102

Property Tax

$329

Insurance

$150

HOA

Down Payment20% ($79,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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