5350 PARK CONDO Unit 1605 — 5350 NW 84th Ave 1605

Listing details

Address

5350 NW 84th Ave 1605

Price

$615,000

Status

Active for sale

Bedrooms

2

Bathrooms

2

Living area

1,032 sq ft

Year built

2019

Association fee

$1,425/month

Days on market

49

Listing description

Excellent investment opportunity at 5350 Park in the heart of Downtown Doral. This fully furnished, 16th-floor residence offers 1,032 Sq. Ft., 2 bedrooms and 2 full bathrooms, with beautiful unobstructed views overlooking the park. One of the most attractive features of this property is its flexible lock-off configuration, allowing the residence to be rented separately as a studio and a one-bedroom/one-bath unit, creating two potential income streams from a single property. Both portions are currently rented, with the one-bedroom generating approximately $3,000 per month, while the studio typically rents between $2,000 and $2,500 per month, offering attractive income potential for investors. The property provides exceptional rental flexibility, allowing both short-term and long-term rentals, with a minimum rental period of only 3 days. Located in the vibrant Downtown Doral community, residents and guests can enjoy restaurants, cafés, green spaces and everyday conveniences within walking distance. Publix and other shopping options are just steps away, with convenient access to Baptist Health and UHealth medical facilities and everything Downtown Doral has to offer. Fully furnished, income-producing and positioned in one of Doral’s most desirable walkable communities, this residence represents an excellent opportunity for investors looking for rental flexibility, multiple income streams and a prime location.