MADRID TERRACE CONDO

6820 W Flagler St # 405, Miami FL 33144

2 beds · 1.5 baths · 813 ft²

For Sale · Active Listing

$260,000

Est. Payment $1,384/mo

MLS Sheet Video

Bedrooms

1.5

Bathrooms

813

Sq. Ft.

1973

Year Built

Stories

Days on Market

Description

Well-maintained unit in a condominium building with all required insurance in place. The association is currently undergoing its recertification process, which will include capital improvements expected to enhance the building’s overall condition and value. These improvements will be funded through the association’s existing financial structure, and no special assessment is anticipated. The unit is currently rented on a month-to-month. Association approval is fast, making this a strong opportunity for both end users and investors.

Facts

MLS#: A11948077
Subdivision: MADRID TERRACE CONDO
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1973
Lot Size: 0 sqft
Sq. Ft.: 813 ft²
Sq. Mt.: 76 m²
Price per sq. ft.: $320/ft²
Price per sq. mt.: $3,421/m²
Stories: 4
Garage: —
Pool: —
Days on Market: 26 days
Listed: Jan 18, 2026
Last Updated: Feb 13, 2026
Price/Lot Sq.Ft.: —

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SOLD

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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

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).

1/18/2026

Listed for sale

$260,000

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 # 405, Miami FL 33144Directions

GreatSchools Summary Ratings

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

St. Mark's Episcopal School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Lighthouse Christian Academy
2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Kids in Action
PK,TK,KG,1,2,3 · private · 0.5 mi
Oakland Park Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Oxford Academy
UG · private · 0.9 mi
Care and Share Uxbridge Christian Academy
PK,KG,1,2,3 · private · 0.9 mi
Care & Share Uxbridge Christian Academy
PK,KG,1 · private · 1.0 mi
Care and Share Uxbridge Christian Academy
PK,KG,1 · private · 1.0 mi
Floranada Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Pride & Joy Learning Center
PK,KG,1 · private · 1.0 mi

Estimated Monthly Payment

$1,750/mo

Principal & Interest

$1,384

Property Tax

$217

Insurance

$150

HOA

Down Payment20% ($52,000)

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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