$185,900
6820 W Flagler Street 212
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $185,900
- Price per sq ft
- $267
- Original price
- $289,500
- Days on market
- 119
This 1-bedroom condo in Madrid Terrace Condo is listed at $185,900, or $267 per square foot. The asking price has come down 35.8% from its original $289,500. It has been on the market for 119 days.
Estimated monthly payment
$977 /mo
Principal and interest only, based on $37,180 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $398/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $185,900
- Days on Site
- 119 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 697 sqft
- Total Sq Ft
- 697 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- A12025914
- Property Tax
- $1,993 (2025)
- HOA Fees
- $398 / Monthly
- Subdivision
- MADRID TERRACE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 1
- Living Sq Ft
- 697
- Total Sq Ft
- 697
Interior Features
- Appliances
- Dishwasher / Microwave
- Cooling
- Ceiling Fans / Electric
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Elevator / Main Level Primary
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Garden
Community & HOA
- HOA Fee
- $398 / Monthly
- Association Amenities
- Maintenance Grounds / Pool / Trash
- Community Features
- Home Owners Association
- Security
- Other
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2400
This home's HOA fee works out to $398 a month, 9% below the $439 median across 4 homes for sale in Madrid Terrace Condo. See Madrid Terrace Condo HOA fees
Schools
- Elementary School
- Fairlawn (Miami-Dade)
- Middle School
- West Miami
- High School
- South Miami
About the Community
- Homes for Sale
- 4
- Median List Price
- $210,450
- Median $/Sq Ft
- $295
- Avg Days on Market
- 92
Frequently Asked Questions
- How do I schedule a tour of 6820 W Flagler Street 212, Miami, FL 33144?
- Use the Tour button on this listing to request a showing of 6820 W Flagler Street 212, Miami, FL 33144. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 6820 W Flagler Street 212, Miami, FL 33144 still available?
- 6820 W Flagler Street 212, Miami, FL 33144 is currently listed as Active, and has been on the market 119 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 6820 W Flagler Street 212, Miami, FL 33144?
- With 20% down ($37,180) on the $185,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 6820 W Flagler Street 212, Miami, FL 33144 is about $977/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 6820 W Flagler Street 212, Miami, FL 33144?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 6820 W Flagler Street 212, Miami, FL 33144. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 6820 W Flagler Street 212, Miami, FL 33144 have an HOA fee?
- Yes: 6820 W Flagler Street 212, Miami, FL 33144 carries an HOA fee of about $398 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 6820 W Flagler Street 212, Miami, FL 33144?
- 6820 W Flagler Street 212, Miami, FL 33144 is zoned for Fairlawn (Miami-Dade) (elementary), West Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 6820 W Flagler Street 212, Miami, FL 33144?
- Often, yes. The right offer on 6820 W Flagler Street 212, Miami, FL 33144 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Great Miami Realty Group, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$185,900
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Listed by Manuel I Sanchez, Great Miami Realty Group, LLC
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Recent Sales
Recently sold homes in Madrid Terrace Condo
These are the last 2 recorded closings in Madrid Terrace Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $255 per square foot. The most recent closed on September 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$175,000
Sold · September 14, 2026
6820 W Flagler Street 101
2 bed · 1.5 bath · 813 sqft · $215/sqft
$24,000 under the asking price
Sold$178,000
Sold · February 3, 2026
6820 W Flagler Street 202
1 bed · 1 bath · 697 sqft · $255/sqft
$8,000 under the asking price
See every recorded sale in Madrid Terrace Condo or find out what your Madrid Terrace Condo home is worth.
