Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St 204, Miami, Florida 33126 | A11391401

5050 NW 7th St 204, Miami, Florida 33126 | Sold

$234,900
closed for a price of $228,000

Property Highlights

Listing ID A11391401 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 882 Sqft/81.94 m2 approx. Building Area 882 Sqft/81.94 m2 approx. COMMUNITY POOL Year Built 1973 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 45 Days
13 Photos of this Property

5050 NW 7th St 204, Miami, Florida 33126

Property Description: CASH ONLY!!! Attention all investors. This unit is in a very desirable rental area. Located in the heart of Miami, close to downtown, Brickell, expressways, airport, beaches, Coral Gables and South Miami. 2 bed 2 Bath very spacious unit with balcony, 2 parking spaces under roof and laundry room in every floor. Unit is in move in condition with many upgrade. A sophisticated built in lighting system and speakers with remote control throughout the entire apartment. Building is in the process of extensive remodeling. New flooring is being installed on every floor. Tremendous opportunity. Don 't miss out!

Useful Info

Contingency:No Contingencies
Original List Price:$234,900
Close Price:$228,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:5050 CONDO at 5050 7th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:8
Possible Use:
  • Investment

Property Features

View from the Property:
  • Pool
  • None
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
Furnished:
  • Unfurnished
Appliances:
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Elevator
  • Main Living Area Entry Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$126

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$388
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$293
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Trash
Subdivision Name:5050 CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Pool(s)
  • Maintenance Structure
  • Amenities
Complex Name:5050 CONDO
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck, Other Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Garage Door Opener
  • Attached

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Clair Mel-hb
High School:South Miami
Middle Or Junior School:Kinlock Park

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Pool Area View,None
Housing Older Persons Act: No HOPA
Buy State: Florida
Unit Design: Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Buyer Country of Residence: USA
Number of times allowed to lease per year: 1
Flood Zone : AH
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AH
Municipal Code: 1
Subdivision Number: 121

Zoning and Legal

Tax Legal Description:5050 CONDO UNIT 204 UNDIV .856% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 17383-4206 0996 1
Real Estate Folio Number (Parcel Number):01-41-06-121-0230
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:May 23, 2023 12:00 am
On Market Date:May 23, 2023
Close Date:July 7, 2023
Price Change Date Time:May 22, 2023 11:35 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 10, 2023 3:10 pm
Status Last Changed:July 10, 2023 3:10 pm
Photos Last Modified:May 23, 2023 4:08 pm
Last Modified:July 10, 2023 7:10 pm
Days on the Market (updated on Last Modified*):13
Cumulative Days on the Market (updated on Last Modified**):13

Additional Information

Unit Location:Lobby
Number of Photos Count:13
Area:41
Ref ID:1037697860
Courtesy of:United Real Estate Miami
Universal Property Id:US-12025-N-0141061210230-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St 204
Unit Number:204
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5050 NW 7th St 204, Miami, Florida 33126
Latitude:N25° 46' 40.4''
Longitude:W81° 43' 21''

Neighborhood

Postal City:Miami

Property Map

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