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6820 Flagler St, Unit 101
+7 more
$199K

Madrid Terrace Condo Unit 101

6820 Flagler St, Unit 101 • Miami, FL 33144

at Madrid Terrace Condo

Beds
2
Baths
2
Living Area
813 SF
Price / SF
$245
HOA / Monthly
$496
Days on Market
431

About This Unit

Exquisite Madrid Terrace Condo! This stunning 2-bed, 1.5-bath residence, nestled in the heart of Central Miami, near Flagler & 68 Ave. Enjoy the convenience of a dedicated parking space right in front of the building, visible from the unit. NO PETS ALLOWED. The building offers upscale amenities, including a sparkling pool, meeting room, laundry facilities, newly paved parking, security cameras, and enhanced lighting. Prime location—just steps from supermarkets, top dining, and public transit. Act Fast—This Gem Won’t Last!

Pricing at Madrid Terrace Condo — $245/sqft
Madrid Terrace Condo Unit 101 is listed at $245/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Madrid Terrace Condo.
Time on Market — 431 days
Madrid Terrace Condo Unit 101 has been on the market for 431 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $265,000. Reduced to $199,000 on Feb 7, 2026 (after 363 days on market) — -24.9% (−$66,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,081
HOA
$496
Property Tax
$281
Total / mo
$1,857
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.69%. HOA $0.61/sqft · All-in $2.28/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone X. Outside the Special Flood Hazard Area — low-to-moderate risk; insurance optional but recommended.
Building Age: Built in 1973 (53 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 101
Year Built: 1973
Stories: 4
City: Miami
Postal Code: 33144
HOA Fee: $496 / Monthly
View: None
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 431
Listed: February 10, 2025
MLS #: A11740751

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: BHHS EWM Realty   ·  kennyraymond@gmail.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11740751 • Updated Apr 17, 2026 • Photos uploaded 319 days ago — check listing for current condition.