THE MADISON photo 1

THE MADISON

850 Miami Ave, Downtown Miami, FL

For Sale

For Rent

List Price

$240K - $330K

Year Built

1989

About THE MADISON

The Madison, a 22-story condominium built in 1989, offers a vibrant lifestyle in the heart of Downtown Miami. Residents enjoy stunning views of the bay, city skyline, and ocean, complemented by an array of amenities including a rooftop sport deck with the only lighted tennis courts in Downtown, a state-of-the-art fitness center, and a private theater. The building's prime location places it within walking distance of the Kaseya Center, Bayfront Park, and Miami World Center, making it an ideal choice for those seeking both convenience and luxury. With tenant-occupied units providing steady rental income until 2026, The Madison presents a compelling investment opportunity in a gated, pet-friendly community.

Hala Huneidi

halahuneidiproperties@gmail.com

Exclusive availability at THE MADISON

Key Building Details

Neighborhood
Downtown Miami
Avg Price / Sq Ft

$370

Avg Assoc. Fee

$580 – $1,050 / mo

Sq Ft

575–927

Sales Stats

Key averages for this building

Avg List Price

$298,483

Avg List Price / Sq Ft

$370

Avg Sale Price

$278,167*

*Past 6 months

Avg Sale Price / Sq Ft

$319*

*Past 6 months

134*

Avg Days on Market

*Past 6 months

Sales History

Sold by month

October 20261
September 20260
August 20260
July 20262
June 20261
May 20262

Listings at THE MADISON

Unit W-505
$240,000
1 bd1 ba
For Sale·Unit W-505

Blue Lighthouse Realty, INC

Unit W-906
$294,999
2 bd2 ba
For Sale·Unit W-906

First Service Realty ERA

Unit W-1808
$318,000
2 bd2 ba
For Sale·Unit W-1808

Cervera Real Estate Inc.

Unit W-1806
$318,000
2 bd2 ba
For Sale·Unit W-1806

Cervera Real Estate Inc.

Unit W-408
$329,900
2 bd2 ba
For Sale·Unit W-408

Florida Realty of Miami Corp

Unit W-2101
$290,000
1 bd1 ba
For Sale·Unit W-2101

DMC Universal Realty, Inc

Building Amenities

Pool & Spa

Association

Parking

1 Space, 2 Or More Spaces, Additional Spaces Available, Assigned, Attached, Attached Carport, Covered, Deeded, Detached, Detached Carport, Garage, Guest, On Street

General Amenities

Gated Community

Gated Community

Yes

Pet Policy

Pet Friendly

Additional Details

Waterfront

Bayfront, Bay, Garden, Garden View, Intracoastal View, Ocean View, Pool View, Skyline, Tennis Court View, Water View

Exterior Features

Balcony, Barbecue, Barbeque, Courtyard, East Of Us1, Open Balcony, Outdoor Living Area, Tennis Court(s), West Of Us1

Security Features

Complex Fenced, Doorman, Elevator Secure, Fire Alarm, Fire Sprinklers, Gated Community, Intercom In Lobby, Key Card Entry, Lobby Secured, Phone Entry, Secured Garage/Parking, Security Fence, Security Guard, Security Patrol, Security System, Smoke Detector, TV Camera, Walled

Construction

Concrete Block (CBS), Concrete Block with Brick, Frame, Pre-Cast Concrete, Pre-Cast Concrete Construction, Stucco

Mortgage Calculator

Estimate your monthly mortgage payment

Estimated Monthly Payment: $2,103/mo

Home Price
USD
Down Payment
USD
%
Interest Rate
%
Property Tax Rate
%
HOA / mo
USD
Insurance / mo
USD
Loan Type
Principal & Interest
$1,233
Property Taxes
$220
Home Insurance
$70
HOA
$580

This calculator provides estimates for informational purposes only and does not constitute a loan offer or financial advice. Actual rates, terms, and payments may vary.

Location in Downtown Miami

Nearby Schools