Help with current situation in Florida Condo

[Mallibi Monasterio]

Hi All,

I am new in Bigger Pockets, but so far I am loving the community. 

I am a new real estate investor and would like to have the feedback/advise of seasoned investors in the following case:

I own a Condo Apartment in Florida. The apartment I bought it in 2015 with FHA for $235K, the appraisal back then was $255K. My actual mortgage payment is $1750 and additionally the maintenance fees are $1000. I rented the apartment few months ago for $1750 which is good to pay the mortgage, but still I have to put $1K out of my pocket to pay the condo maintenance fees.

I am not sure if I should just sell it or wait a little longer to have more appreciation in the property (approx 5% per year) - I think sometimes to sell but them I see how South Florida prices are going up so mmm not sure what to do

Any suggestion would be highly appreciated!

MM