Atlantic Luxury Advisors
5350 84th Ave #1605 photo 15350 84th Ave #1605 photo 25350 84th Ave #1605 photo 35350 84th Ave #1605 photo 45350 84th Ave #1605 photo 5

48 photos

5350 84th Ave #1605

Doral, FL 33166

$615,000
2
2
1,032 sq ft
2019
1 car
Condominium
$1,425/mo
38
Active

Listing courtesy of Brickell Brokers LLC (Monica Zerpa). Contact: [email protected].

About this home

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.

Virtual tour
What it costs to own
Estimated monthly payment
$5,802/mo
Principal and interest
$3,110
Property tax
$884
Homeowners insurance
$383
HOA
$1,425

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$10,612/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,425/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.