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Condominium
$129,000$183 / sqft
5300 NW 87th Ave # 911, Doral FL 33178
Listed
1
Bedrooms
1
Bathrooms
705 sqft
Interior
2008
Year built
$1,100 / mo
HOA
Condominium
Type
About this home
Unlike the standard units currently offered, this fully remodeled and tastefully furnished studio is truly move-in and rental ready. Featuring brand-new flooring, a new King bed, a King-size sleeper sofa, and a Queen-size sleeper sofa, it comfortably accommodates more guests, maximizing short-term rental income potential. This Unit is only use by the Owner when they are in Miami only. No additional investment is needed for renovations or furnishings, start generating income from day one. An excellent alternative with outstanding rental performance. Perfect as a vacation home, Airbnb investment, or short-term rental, with the flexibility of hotel management or self-management. HOA includes water, electricity, cable, internet, and access to resort-style amenities including a pool, fitness center, spa, restaurant, and 24-hour security. Owners may occupy the unit for up to six months per year. A rare turnkey investment opportunity in the heart of Doral, don't miss it!
Features
- Second Floor Entry
- Elevator
- Other
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Daily Rentals Allowed
The leasing terms stated for this listing contradict each other. They all come from one MLS record and none of them overrides another — confirm with the association before relying on any of them.
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.