Moving out - Primary home Rent vs Sell ?

[Naveen kumar Vadlamudi]

Hello All,

I am moving out of state and currently own 2 Bed 2 Bath condo that i have lived in for 4 years as of this month.

Numbers 

Bought it for  

              $248K in Dec 2020 with $13K down (5%)         

              $25K  Upgrades added.  

              $215K @ 2.65% rate to be paid off

Rental in area -  

I can rent this for $2600/month and it will give $500 cash flow after mortgage and HOA.

              (rents also peaked from $1900 to $2600 in 2 years)

Sale Price  -  

           $360K - $370K in the area for same kind of units. 

            Zip Code: 0883

           i feel it appreciated very well and i don't think it will go any more in next few years

Need Advice  -  rent this property  or sell it ?

            - If i Sell , as this was my 1st house and lived in 4 years, do i need to pay capital gain tax ? 

            - if i sell, i will add some more money to invest in multiplex unit.   -- is this the right time to have cash ready for deals ?           

           - just rent it and wait till it get paid off ? 

I am open for either options but would like experts advice for a newbie - which will be most beneficial  down the line in 5 to 10 years. 

Thanks in advance