About This Property
Residential in Miami
Located in the El Cid Condominium at 5201 NW 7th St, this ground-floor unit presents a strong opportunity for investors seeking immediate and stable rental income. The property is currently tenant-occupied with long-term tenants in place, providing consistent cash flow from day one. Situated in a central Miami location, the building offers convenient access to major highways, Miami International Airport, Downtown Miami, and Coral Gables, contributing to strong and ongoing rental demand. El Cid is a residential condominium community featuring amenities such as a pool, elevator access, secured entry, and assigned parking. The unit’s ground-floor location adds convenience and accessibility, which is appealing to tenants and supports long-term occupancy. With a proven rental history in the building and consistent demand in the area, this property is an excellent addition to an investor portfolio in a central and well-connected Miami location.
Features & Amenities
Property Highlights
View
- Other
Cooling
- Central Air
Heating
- Central
Flooring
- Tile
- Other
Amenities
- Laundry
- Pool
Appliances
- Electric Range
- Microwave
- Oven
- Refrigerator
Possession
- Negotiable
Restrictions
- Limited # Vehicles
- Other Restrictions
Listing Terms
- Cash
- Conventional
Balcony Details
- Balcony - Open
Pets Allowed YN
- Yes
Tax Information
- Other Exemption
Association Type
- Condominium
ExteriorFeatures
- Balcony
Main Living Area
- Entry Level
SecurityFeatures
- Entry - Phone/Intercom
- Security Fence
- Other
Security Features
- Entry - PhoneIntercom
- Security Fence
- Other
ArchitecturalStyle
- Other
Master BedroomBath
- Bedroom On Entry Level
- Master Bdrm - Ground
Architectural Style
- Other
Special Information
- Sold As-Is
AssociationAmenities
- Pool
- Laundry
Showing Requirements
- 24 Hour Notice
- Appointment Only
- Showing Service
Outdoor Living Spaces
- Balcony
Construction Materials
- Block
Application Information
- 3-4 Weeks Approval
- Association Approval Required
Association Fee Includes
- Common Areas
- Maintenance Grounds
- Maintenance Structure
- Pool Service
- Security
Specifications
Property Details
Location