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Condominium
$110,000$156 / sqft
5300 NW 87th Ave # 614, Doral FL 33178
Listed
1
Bedrooms
1
Bathrooms
705 sqft
Interior
2007
Year built
$1,111 / mo
HOA
Condominium
Type
About this home
GREAT OPPORTUNITY IN PRICE AND LOCATION, IN THE HEART OF DORAL, LARGE STUDIO FULLY FURNISHED AND EQUIPPED FOR UP TO 4 PEOPLE. FULL KITCHEN. NEXT TO THE TRUMP NATIONAL DORAL GOLF COURSES, AND IN FRONT OF DOWNTOWN DORAL, YOU CAN WALK TO EXCELLENT RESTAURANTS, SERVICES AND PUBLIX. IDEAL FOR THOSE WHO TRAVEL A LOT TO MIAMI AND NEED TO HAVE A PLACE TO ARRIVE, WHICH AT THE SAME TIME GENERATES THEM INCOME, ALSO FOR THOSE WHO ESCAPE THE COLD SEASON, TO PLAY GOLF AND GO TO THE BEACH SEASONALLY. THE OWNER CAN LIVE IN THE UNIT FOR UP TO SIX MONTHS EACH YEAR, AND THE HOTEL MANAGER PUT THEIR UNIT INTO THE HOTEL PROGRAM, FOR THE WHOLE TIME THEY ARE NOT USING THEIR UNIT. THE ANNUAL OCCUPANCY IN THE AREA IS OVER 80%. THE HOA INCLUDES ALL UTILITIES, WATER, ELECTRICITY, CABLE, INTERNET, POOL, GYM, ETC.
Features
- Second Floor Entry
- Other
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
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–$3,800.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.