MADRID TERRACE CONDO

6820 W Flagler St # 109, Miami FL 33144

2 beds · 1.5 baths · 840 ft²

Closed

$255,000

Est. Payment $1,357/mo

MLS Sheet Video

2

Bedrooms

1.5

Bathrooms

840

Sq. Ft.

1973

Year Built

4

Stories

16

Days on Market

Description

Splendid Madrid Terrace Condo – A well-maintained 2-bedroom, 1.5-bathroom condo on the first floor, ideally located in Central Miami at Flagler & 68 Ave. This immaculate unit includes a dedicated parking space. No pets allowed. The building offers amenities like a refreshing pool, meeting room, on-site laundry, and newly paved parking lot, with security cameras and lighting for added peace of mind. This property is not only a great place to live but also a solid investment with a may cap rate of 8.3%. Conveniently located near supermarkets, restaurants, and a bus stop at your doorstep. Bring your offer today!

Facts

MLS#
A11640098
Subdivision
MADRID TERRACE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1973
Lot Size
0 sqft
Sq. Ft.
840 ft²
Sq. Mt.
78 m²
Price per sq. ft.
$304/ft²
Price per sq. mt.
$3,269/m²
Stories
4
Garage
Pool
Days on Market
16 days
Listed
Aug 12, 2024
Last Updated
Sep 30, 2024
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

May 2026

100/100
Buyers marketSellers market

117

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).

9/30/2024Sold$255,000
8/12/2024Listed for sale$255,000

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

Location

6820 W Flagler St # 109, Miami FL 33144Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,720/mo

Principal & Interest

$1,357

Property Tax

$213

Insurance

$150

HOA

$0

20% ($51,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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