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6820 W Flagler St # 212, Miami FL 33144

Condo/Co-op For Sale
$189,900

BTC: 2.96718750

ETH: 108.76288660

-$100K (2026/05/29)
7 days
1 bds
1 ba
697 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1973
Lot:
No Data
Heating:
Electric
Price/sqft:
$272
Cooling:
Ceiling Fan(s) / Electric
HOA:
$398

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,500
$156K – $250K
Confidence Low
List vs. estimate
$9K below estimate
List $189,900 · -4.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$272
-51.7% vs. city median $564
Based on
527 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $448K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,993
2025
HOA
$398/mo
View
Garden View
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Electric

    Appliances

    • Dishwasher

    • Microwave

    • Other Equipment/Appliances

    Other interior features

    • Lobby

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-40-02-028-0230

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $398

    • HOA Frequency: Monthly

    • Annual tax amount: $1,993

  • Source details

    • MLS ID: A12025914

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Patio And Porch Features: Open Balcony

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 697

    • Subdivision Name: MADRID TERRACE CONDO

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Great Miami Realty Group, LLC