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Condominium at 606 W 81st St # 224, Hialeah FL 33014Active
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Condominium
$185,000$308 / sqft

606 W 81st St # 224, Hialeah FL 33014

1
Bedrooms
1
Bathrooms
600 sqft
Interior
1971
Year built
$396 / mo
HOA
Condominium
Type

About this home

Seller is motivated and willing to contribute up to 5,000 toward the buyer's closing costs with an acceptable offer! Don't miss this amazing opportunity in the heart of Hialeah! This 1-bedroom ,1-bathroom condo, located on the second floor, offers comfort, safety, and an unbeatable location. Featuring impact windows, this unit provides added storm protection, energy efficiency, and noise reduction. It's situated in a quiet , well-maintained community with easy access to major highways like I75, Palmetto Express way , and Okeechobee Road. Perfect for both homeowners and investors , this is one of the few properties available where the association has financial reserves, the property is currently rented at $1750 per month , with the lease expiring on October 1st, PROPERTY HIGHLIHGS: 1 bedroom /1 bathroom Impact - resistant windows , Prime Hialeah location near top schools , shopping centers , restaurants , barbershops , and a Great transit for first -time buyers or as an investment property.

Features

  • Second Floor Entry
  • None

Location

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

Estimated loan & HOA

$1,331

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

Principal & interest
$935
HOA
$396 / 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.

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Request a private or video tour with a local agent.

Courtesy of
LoKation

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.