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Pending
Condominium
$305,000$353 / sqft

1060 NW 7th St # 205, Miami FL 33136

2
Bedrooms
2
Bathrooms
865 sqft
Interior
2003
Year built
$535 / mo
HOA
Condominium
Type

About this home

Move-in ready 2-bedroom, 2-bath condo in the heart of Miami! Ideally located just minutes from Wynwood, Downtown Miami, Miami Beach, the Health District, Jackson Memorial Hospital, UM Medical Campus, and Metrorail, this spacious residence offers an open layout with abundant natural light and tile flooring throughout. The split-bedroom floor plan provides added privacy, with walk-in closets in both bedrooms and a private open balcony to enjoy the outdoors. The kitchen features brand-new stainless steel appliances, and the convenience of a new in-unit washer and dryer makes everyday living even easier. Additional highlights include a 2018 A/C, one covered assigned parking space, secure building access, elevator, and low HOA fees. Perfect for homeowners or investors seeking a centrally located property with easy access to major highways, shopping, dining, and entertainment.

Features

  • Interior Hall
  • Second Floor Entry
  • Elevator
  • Split Bedroom
  • Walk-In Closet(s)
  • Open Balcony
  • Other View

Location

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

Estimated loan & HOA

$2,077

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

Principal & interest
$1,542
HOA
$535 / 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
Compass Florida, 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.