7985 SW 86th St

Miami, FL 33143

$265,000

$318/ft²

1Beds

1Baths

833Sq ft

1975Year built

CondoType

About this home

Located in the highly desirable Kings Creek West community, this property presents an outstanding opportunity for investors seeking strong and consistent rental income. This area is widely recognized as one of Miami’s most prime residential locations offering constant demand from both tenants and owner-occupants due to its proximity to Dadeland Mall, Shopping centers, top-rated schools, hospitals, restaurants, and public transportation. This unit features 1 bedroom and 1 bathroom with a functional layout and an excellent position within the building. Kings Creek West is known for its beautifully maintained grounds, mature landscaping, and amenities including a swimming pool and tennis courts, making it especially attractive to long-term tenants. The association is financially solid with approximately $1 million in reserves, adding another layer of security for investors. Historically, this neighborhood has demonstrated strong and steady property value growth, making it a resilient investment even during market fluctuations in other parts of the city.

Property details

Listing

MLS #: A11977281
Status: For sale
Listed on: Mar 5, 2026
Days on market: 157 days
Listing data updated: Apr 14, 2026

Interior

Beds: 1
Baths: 1
Living area: 833 ft²
Price per ft²: $318/ft²
Unit: 432

Building & community

Type: Condo
Year built: 1975
HOA fee: $523/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,340
Property taxes (est.): $243
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $523

Estimated total$2,339*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?