PRICE IMPROVED! Experience the charm of the Madrid Terrace Condo! This beautiful 1 bed/1 bath unit features a balcony and spacious living area, unit on the 2nd floor, located in the heart of Central Miami at Flagler St & NW 68 Ave, with public transportation right at your doorstep for easy commuting. Enjoy the convenience of a dedicated parking space behind the building. Please note, NO PETS are allowed. The building boasts upscale amenities such as a sparkling pool, meeting room, laundry facilities, newly paved parking, security cameras, and enhanced lighting. Its prime location is just steps away from supermarkets, top dining options—making it an excellent investment opportunity! CASH OFFERS ONLY.
Listed by Mateo Usuga
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License #3125676
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Future Option Realty LLC
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786-486-6238
Last updated November 08, 2025
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Source: MIAMIRE #A11861447
Listing Facts
TypeCondo
NeighborhoodFlagami
Bedrooms1
Bathrooms1
Days on Prevu113
HOA/Maint. Fees$398/month
Taxes$2,753/year
Size697 sqft
Price per sqft$268
Amenities
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
11/08/2025
Price Decreased
$186,500
10/29/2025
Price Decreased
$193,000
10/09/2025
Price Decreased
$198,000
10/02/2025
Price Decreased
$202,500
09/15/2025
Status changed to Active
$205,000
09/05/2025
Status changed to Removed from Feed
$205,000
09/02/2025
Price Decreased
$205,000
08/25/2025
Status changed to Active
$208,000
08/25/2025
Price Decreased
$208,000
08/22/2025
Status changed to Removed from Feed
$210,500
08/19/2025
Listed by Future Option Realty LLC
$210,500
Property Details for 6820 W Flagler St 202
Association
Amenities
Association Amenities: Elevator(s), Pool
Pets Allowed: No
Fees
Association Fee: $398.00 Monthly
Association Fee Includes: Building Exterior, Common Area, Elevator, Insurance, Laundry Facilities, Manager, Outside Maintenance, Roof Repairs, Sewer, Water
Exterior
Construction
Property Attached: Yes
Stories Total: 4
Structure Type: Condo 1-4 Stories, Condo
Year Built: 1973
Year Built Details: Resale
Architectural Style: Corner Unit
Building Name: Madrid Terrace Condo
Construction Materials: Concrete Block With Brick, CBS Construction
Entry Level: 2
Exterior Features: Open Balcony
Features
Direction Faces: North
Patio And Porch Features: Open Balcony, Open Porch
View: Other View
Measurements
Building Area Total: 697
Building Area Units: Square Feet
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-40-02-028-0130
Tax Annual Amount: $2,753.00
Tax Year: 2024
Interior
Features
Appliances: Electric Range, Refrigerator
Flooring: Tile
Interior Features: Second Floor Entry
Measurements
Living Area: 697
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 1
Other
Location
Subdivision Name: MADRID TERRACE CONDO
Parking
Parking
Covered Spaces: 1
Garage Spaces: 1
Garage: Yes
Parking Features: 1 Space
Schools
Elementary School
Elementary School: Fairlawn
High School
High School: South Miami
Middle or Junior School
Middle Or Junior School: West Miami
Utilities
Equipment
Cooling: Central Air, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Laundry Features: Common Area
Other Equipment: Elevator
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 1 bathroom in this condo at 6820 W Flagler St 202.
What schools are nearby to 6820 W Flagler St 202?
Nearby schools include the Fairlawn Elementary School, West Miami Middle School, and South Miami High School.
Does this condo have parking?
Yes, there is 1 parking space available for 6820 W Flagler St 202.
Are pets allowed at 6820 W Flagler St?
Yes, 6820 W Flagler St allows pets. Check the Property Details for any relevant restrictions.
What are the annual taxes for 6820 W Flagler St 202?
Annual taxes for this condo are estimated at $2,753.
How does 6820 W Flagler St 202 compare to other condos in Flagami?
This condo is listed 42% below the average price for condos in Flagami and has been on the market for 8 more days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the Madrid Terrace Condo building.
What is the square footage on this condo?
According to the MLS, this listing is 697 sqft.
6820 W Flagler St 202 is a 1-bedroom, 1-bath condo for sale in Miami FL 33144. Available on Prevu for 113 days at $186,500. This includes a recent price decrease of $6,500. This residence features 697 square feet of living space, located in Flagami. The median listing price for condos in this area is $659,000. Nearby schools include Fairlawn Elementary School, West Miami Middle School, and South Miami High School. Property amenities include private outdoor space, pets allowed, air conditioning, parking, and swimming pool. Browse more condo listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.