$250,000
SOLD SEP 27, 2024

Madrid Terrace 6820 W Flagler St Unit 109 Miami, FL 33144

Flagami Neighborhood
2 Beds
1.5 Baths
840 Sq Ft
$235/mo HOA Fee

Recently Sold

$298 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

  • Clubhouse
  • Tile Flooring
  • Water Purifier
  • Community Pool
  • Central Air
  • 3-minute walk to Robert King High Park

About This Home

As of September 2024

Splendid Madrid Terrace Condo – A well-maintained 2-bedroom, 1.5-bathroom condo on the first floor, ideally located in Central Miami at Flagler & 68 Ave. This immaculate unit includes a dedicated parking space. No pets allowed.

The building offers amenities like a refreshing pool, meeting room, on-site laundry, and newly paved parking lot, with security cameras and lighting for added peace of mind.

This property is not only a great place to live but also a solid investment with a may cap rate of 8.3%. Conveniently located near supermarkets, restaurants, and a bus stop at your doorstep. Bring your offer today!

Last Agent to Sell the Property

Joshua Hernandez

Century 21 World Connection License #3609977

Century 21 World Connection

Last Buyer's Agent

Nancy Abdelhady

EXP Realty South LLC License #3508821

EXP Realty South LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1973

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 840 Sq Ft Home
  • 4-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Fairlawn Elementary School
  • West Miami Middle School
  • South Miami High School

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-028-0090

Community Details

Overview

  • Low-Rise Condominium
  • Madrid Terrace Condo
  • Madrid Terrace Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,199

Year Built

Built in 1973

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MADRID TERRACE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Microwave, Water Purifier, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 840
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: None

Exterior Features

  • View: Other View, None
  • Exterior Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MADRID TERRACE CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 235
  • Amenities: Clubhouse-Clubroom, Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Fairlawn
  • High School: South Miami
  • Middle Or Junior School: West Miami

Lot Info

  • Parcel Number: 01-40-02-028-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3199

Map

About Madrid Terrace

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $250,000 -2.0% $298 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $255,000 -- $304 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,199 $159,720 -- --
2023 $3,199 $145,200 $0 $0
2022 $2,867 $132,000 $0 $0
2021 $2,550 $120,000 $0 $0
2020 $2,457 $120,000 $0 $0
2019 $2,194 $102,767 $0 $0
2018 $2,031 $102,767 $0 $0
2017 $1,934 $85,636 $0 $0
2016 $1,751 $77,851 $0 $0
2015 $1,623 $70,774 $0 $0
2014 $1,459 $64,340 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $99,000 New Conventional
Previous Owner $110,000 Fannie Mae Freddie Mac
Previous Owner $65,600 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $250,000 Nu World Title
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11640098

MIAMI REALTORS® MLS

APN: 01-4002-028-0090

Florida Miami/Dade County Miami 33126 Flagami

6820 W Flagler St Unit 109, Miami, FL

Homes for Sale in Miami, FL

This home is located at 6820 W Flagler St Unit 109, Miami, FL 33144 and is currently priced at $250,000, approximately $297 per square foot. This property was built in 1973. 6820 W Flagler St Unit 109 is a home located in Miami-Dade County with nearby schools including Fairlawn Elementary School, West Miami Middle School, and South Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.