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Condominium
$126,000$179 / sqft
5300 NW 87th Ave # 407, Doral FL 33178
Listed
1
Bedrooms
1
Bathrooms
705 sqft
Interior
2007
Year built
$1,055 / mo
HOA
Condominium
Type
About this home
Beautifully finished and fully furnished studio unit at Provident Doral at The Blue with 705 square feet of living space. Currently in hotel program and can remain to generate immediate income while allowing owner use throughout the year. This unit features a bathroom with double vanity, shower, and bathtub, as well as a fully equipped kitchenette. The Blue features a restaurant, fitness center, 24 hour security, a spa, and a beautiful resort style pool. Located in the heart of Doral and walking distance to Downtown Doral and the Trump National Hotel & Golf Course, and just a short drive to City Place Doral, the airport, and Brickell/Downtown/Beaches. Condo association fee covers all utilities and amenities, including electricity, hot water, basic cable, WiFi, 24 hour security and more!
Features
- First Floor Entry
- Built-in Features
- Volume Ceilings
- Exterior Cat Walk
- West Of Us1
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.