Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St 401, Miami, FL 33126 | A11450421

Sold 5050 NW 7th St 401, Miami, FL 33126

$270,000
closed for a price of $255,000

Property Highlights

Listing ID A11450421 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,120 Sqft/104.05 m2 approx. Building Area 1,120 Sqft/104.05 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 79 Days

5050 NW 7th St 401, Miami, FL 33126

Property Description: Amazing Miami Location ! Check out this stunning 3bed 2bath, delightfully updated in the heart of Miami. Located just minutes away from Miami Int 'l Airport, Downtown Miami, Miami Beach , major highways & great Schools. This unit is freshly painted, with walk-in closets, new vanities & fixtures. Updated kitchen offers: wood cabinets/granite counter tops. Tile & Laminate floors throughout , tankless water heater, laundry facilities only a few steps away, 2 Assigned & Gated parkings w/remotes. Newer A/C 2019. Lobby security entrance (for peace of mind) one year min lease.

Useful Info

Contingency:Backup Contract/Call LA
Previous Asking Price:$279,000
Original List Price:$298,000
Close Price:$255,000
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):4
Entry Level Location:4
Construction Materials:
  • Block
Flooring:
  • Tile
  • Wood
Number of stories:8

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Lobby Secured
  • Intercom
  • Secured Garage/parking
Interior Features:
  • Pantry
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$684

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:$486
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:5050 CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Common Areas
  • Laundry
Complex Name:5050 Condominium
Senior Community:No
Restrictions: Other Restrictions

Parking

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

Public Schools Assigned

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

High School:South Miami
Middle Or Junior School:Kinlock Park

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActNo HOPA
Unit DesignLobby
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAH
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number121
Buy StateFlorida
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:5050 CONDO UNIT 401 UNDIV 1.086% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 15443-3072 0392 1 COC 24546-1727 04 2006 1
Real Estate Folio Number (Parcel Number):01-41-06-121-0040
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:September 12, 2023 2:30 pm
On Market Date:September 12, 2023
Close Date:November 30, 2023
Price Change Date Time:October 26, 2023 8:13 am
Last Important Update Description:Closed
Date and Time of Last Important Update:November 30, 2023 4:14 pm
Status Last Changed:November 30, 2023 4:14 pm
Photos Last Modified:September 30, 2023 12:56 pm
Last Modified:November 30, 2023 9:14 pm
Days on the Market (updated on Last Modified*):41
Cumulative Days on the Market (updated on Last Modified**):41

Additional Information

Unit Location:Lobby
Number of Photos:29
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:EXP Realty, LLC
Universal Property Id:US-12025-N-0141061210040-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St 401
Unit Number:401
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5050 NW 7th St 401, Miami, FL 33126
Latitude:N25° 46' 40.4''
Longitude:W81° 43' 21''

Neighborhood

Postal City:Miami

Property Map

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