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Active
Condominium
$189,900$272 / sqft

6820 W Flagler St # 212, Miami FL 33144

1
Bedrooms
1
Bathrooms
697 sqft
Interior
1973
Year built
$398 / mo
HOA
Condominium
Type

About this home

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.

Features

  • Lobby
  • First Floor Entry
  • Open Balcony
  • Garden View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,358

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$960
HOA
$398 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Great Miami Realty Group, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.