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850 N MIAMI Avenue # 505, Miami FL 33136

Condo/Co-op For Sale
$240,000

BTC: 2.96296296

ETH: 97.99918334

1 days
1 bds
1 ba
689 sqft

Overview

Welcome to the Madison downtown Miami towers in the middle of everything.This is a 1/1 with sf689 with large balcony on the 5th floor.it has new window and sliding door and new water heater and all new water lines.this is a guarded community and secured building,comes with an assigned covered parking space.Building comes with guarded entrance,pool,gym,tennis court,part room etc.currently apt has a long term (3 years)great tenant in place and would like to stay.This wont last long.Will need to make an appointment to show

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Awning / Covered / Detached / Parking Garage
Year Built:
1989
Lot:
No Data
Heating:
Central
Price/sqft:
$348
Cooling:
Central Air
HOA:
$699

Valuation

Our model vs. what's actually selling nearby.
Estimate
$295,000
$175K – $410K
Confidence Low
List vs. estimate
$55K below estimate
List $240,000 · -18.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$348
-38.5% vs. city median $566
Based on
266 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $624K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,949
2025
HOA
$699/mo
Garage
1 car garage
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Self Cleaning Oven

    • Wall Oven

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Awning

    • Covered

    • Detached

    • Parking Garage

    Property

    • Levels: 1

    Other Property Information

    • Parcel Number: 01-31-36-089-2390

    • Zoning: 6412

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $699

    • HOA Frequency: Monthly

    • Annual tax amount: $3,949

  • Source details

    • MLS ID: B26072215

    Other facts

    • Laundry Features: Common Area

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: One Story

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 689

    • Water Source: Public

    • Subdivision Name: MADISON DOWNTOWN CONDO,MADISON

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Blue Lighthouse Realty, INC