Madrid Terrace Condominium

Madrid Terrace Condominium is a four-story condo building built in 1973 with 27 units offering one- and two-bedroom layouts. The building sits in central Miami near major expressways, MIA, downtown, Brickell and local beaches. Residents enjoy a refreshed pool and recreation room, on-site laundry, an elevator and reserved parking spaces. The property shows consistent upkeep with recent common-area upgrades, security cameras and passed long-term inspections. Low condo fees and established reserves help keep operating costs predictable. Units feature balconies, storm shutters, tiled or wood floors, generous closets and easy access to public transportation. The location offers walkable shopping, restaurants, parks and quick commutes to employment centers. No-pet restrictions are enforced in the association rules. Overall this is a well-managed, quiet community that appeals to owner-occupants and investors seeking steady rental demand and convenience to greater Miami.