MADRID TERRACE CONDO

6820 W Flagler St # 212, Miami FL 33144

1 beds · 1 baths · 697 ft²

For Sale · Active Listing

$289,500

Est. Payment $1,541/mo

MLS Sheet

1

Bedrooms

1

Bathrooms

697

Sq. Ft.

1973

Year Built

1

Garage

4

Stories

0

Days on Market

Description

Charming 1-bedroom, 1-bathroom apartment located in the heart of Miami. This well-maintained unit offers an excellent opportunity for both investors and end-users. Situated in a highly desirable area, the property provides convenient access to major highways, shopping, dining, and is just minutes from Miami International Airport. The apartment features recent upgrades, including a new air conditioning unit installed less than a year ago, a dehumidifier to effectively control indoor humidity, and a brand-new stove, enhancing comfort and functionality. The property is currently tenant-occupied through the Section 8 program, with a lease in place until December 2026 and an option to renew, offering immediate and stable rental income for investors. The new owner must honor the existing lease agreement. Ideal as an income-producing property or as a future primary residence, this unit is perfectly suited for a single occupant or a couple seeking comfort and convenience in a prime location. Don’t miss this opportunity to own in a sought-after Miami neighborhood with strong rental demand and excellent accessibility.

Facts

MLS#
A12025914
Subdivision
MADRID TERRACE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1973
Lot Size
0 sqft
Sq. Ft.
697 ft²
Sq. Mt.
65 m²
Price per sq. ft.
$415/ft²
Price per sq. mt.
$4,454/m²
Stories
4
Garage
1 spaces
Pool
Days on Market
Listed
May 27, 2026
Last Updated
May 27, 2026
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

42

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).

5/27/2026Listed for sale$289,500

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 # 212, 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

$1,932/mo

Principal & Interest

$1,541

Property Tax

$241

Insurance

$150

HOA

$0

20% ($57,900)
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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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated 3 hours ago

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