$229,000
$36K PRICE DROP

Estimated payment $1,986/month

Total Views 5,295
2 Beds
1.5 Baths
813 Sq Ft
$282 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Courtyard
  • Central Heating and Cooling System
  • Community Pool
  • Terrazzo Flooring
  • 3-minute walk to Robert King High Park

About This Home

Exquisite Madrid Terrace Condo! This stunning 2-bed, 1.5-bath residence on the 4th floor is nestled in the heart of Central Miami, near Flagler & 68 Ave. Enjoy the convenience of a dedicated parking space right in front of the building, visible from the unit. NO PETS ALLOWED. The building offers upscale amenities, including a sparkling pool, meeting room, laundry facilities, newly paved parking, security cameras, and enhanced lighting. Prime location—just steps from supermarkets, top dining, and public transit. Act Fast—This Gem Won’t Last!

Listing Agent

Kenny Raymond

BHHS EWM Realty License #0613345 Listed on: 02/10/2025

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1973

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 813 Sq Ft Home
  • 4-Story Property
  • Terrazzo Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Schools

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

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-028-0010

Community Details

Overview

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

Amenities

  • Trash Chute
  • Interior Hall

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,369

Year Built

Built in 1973

Lot Details

0

HOA Fees

$496 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 1
  • Garage Yn: Yes
  • 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
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other, Terrazzo
  • Living Area: 813
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 496
  • Amenities: Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 01-40-02-028-0010

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3369

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,369 $174,227 -- --
2024 $3,172 $158,389 -- --
2023 $3,172 $143,990 $0 $0
2022 $2,843 $130,900 $0 $0
2021 $2,528 $119,000 $0 $0
2020 $2,450 $119,000 $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

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $229,000 -13.6% $282 / Sq Ft
02/10/2025 02/10/25 For Sale $265,000 -- $326 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $100,000 Attorney
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11740751

MIAMI REALTORS® MLS

APN: 01-4002-028-0010