Beautiful studio in a prime central Miami location! This condo places you minutes from Miami International Airport, Coral Gables, Downtown, Brickell, and the Beaches. The Blue Lagoon area is known for its peaceful lakeside views, strong rental demand, and easy access to major highways, shopping centers, restaurants, and professional offices. The unit features a new A/C (less than one year old) and is currently rented to excellent tenants for $1,600/month. With continued area growth and the upcoming Miami Freedom Park project nearby, this property offers great long-term potential and an estimated 5.7% ROI - ideal for investors seeking stable income in one of Miami's most connected neighborhoods.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- EatInKitchen
- FirstFloorEntry
- Flooring: CeramicTile
Appliances
- ElectricRange
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Balcony
- Fence
- Patio And Porch Features: Balcony, Open
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: Assigned, Guest, OneSpace
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Laundry, Pool, Elevators
- Association Fee: 312
- Association Fee Frequency: Monthly
- Association Fee Includes: Amenities, CommonAreas, Laundry, MaintenanceGrounds, MaintenanceStructure, Parking, Roof, Sewer, Security, Water
- Calculated Total Monthly Association Fees: 312
- Pets Allowed: Conditional, Yes
- Senior Community: No
School Information
- Elementary School: Flagler; Henry M.
- High School: South Miami
- Middle School: Kinlock Park
Rental Info
Other Property Info
- Annual Tax Amount: 2540
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2024
- Restrictions: LimitedNumberVehicles, NoRv, NoTruck, OkayToLease1stYear, OkToLease
- Source Property Type: Residential
- Area: 31
- Property Subtype: condo
- Source Neighborhood: EL CID CONDO
- Parcel Number: 01-31-31-022-1020
- Postal City: Miami
- Postal Code Plus 4: 3310
- Public Survey Range: 31
- Public Survey Section: 31
- Public Survey Township: 1
- Subdivision: EL CID CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 504
- Year Built: 1972
- Building Area Total: 504
- Construction Materials: Block
- Entry Level: 1
- Entry Location: 1
- Property Age: 53
- Property Attached: Yes
- Building Total Stories: 6
- Year Built Details: Resale
Home Features
- Security Features: ComplexFenced
