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$189,900 -$99,600 (-34.4%) Price Reduced
Property 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.
Full Property Details
Full Property Details for 6820 W Flagler St #212
General
- Price: $189,900
- HOA FEE: $398/month
- Taxes: $1,993 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12025914
- Updated: 5/29/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry
- Appliances: Dishwasher, Microwave, Other Equipment/Appliances
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Pool, Trash Chute
- Maint. Includes: All Amenities
- Security/Safety: Other
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: Madrid Terrace Condo
- County: Miami-Dade County
- Subdivision: MADRID TERRACE CONDO
- Building Name: MADRID TERRACE CONDO
School Information
- Elementary School: Fairlawn
- Middle School: West Miami
- High School: South Miami
Community
- Community Name: Madrid Terrace Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 2
- Building Size: 697
- Square Feet: 697
- Living Area: 697 Sq. Ft.
- Year Built: 1973
Lot Features
- Property View: Garden View
Financial Considerations
- Price Per Sq. Ft.: $272.45
- Association Fee: $398
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,993
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: MADRID TERRACE CONDO UNIT 212-2ND FLOOR UNDIV .0171% INT IN COMMON ELEMENTS CLERKS FILE 73R 225071 OR 17131-0610 0396 1 COC 26004-3422 06 20
- Restrictions: Auto Parking On
- Property ID: 01-40-02-028-0230
Listed by Great Miami Realty Group, LLC
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Price & Sales History for 6820 W Flagler St #212
Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$189,900
-34.4%
MLS
5/27/2026
Listed
$289,500
63.56%
MLS
5/26/2022
Sold
$177,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6820 W Flagler St #212
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,014
-1%
$142,935
—
2024
$2,027
-2%
$142,935
—
2023
$2,078
-3%
$142,935
41%
2021
$2,150
-11%
$101,200
-22%
2022
$2,418
12%
$129,941
41%
2021
$2,150
9%
$92,000
—
2019
$1,972
2%
$92,385
—
2018
$1,935
-1%
$92,385
—
2017
$1,957
17%
$92,385
21%
2016
$1,666
202%
$76,351
53%
2015
$552
—
$49,839
1%
2014
$554
3%
$49,444
1%
2013
$537
—
$48,714
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6820 W Flagler St #212
6820 W Flagler St #212, Miami, FL 33144 (MLS# A12025914) is a Condo property with 1 bedroom and 1 full bathroom. 6820 W Flagler St #212 is currently listed for $189,900 and was received on May 27, 2026. Want to learn more about 6820 W Flagler St #212? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.
