Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St 504 Miami FL 33126 | A11469408

5050 NW 7th St 504 Miami FL 33126 | Sold

$224,900
closed for a price of $220,000

Property Highlights

Listing ID A11469408 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. 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 81 Days
22 Photos of this Property

5050 NW 7th St 504 Miami FL 33126

Property Description: THIS UNIT IS BELOW MARKET MUST, This quiet community has a pool just minutes from Miami International Airport, restaurants, and shopping centers. This unit is in a very desirable rental area. It is located in the heart of Miami, close to downtown, Brickell, expressways, airport, beaches, Coral Gables, and South Miami. The unit with balcony, 2 parking spaces, and a laundry room on every floor.

Residential Condominium Sold located at 5050 NW 7th St 504 Miami FL 33126 in Miami-Dade County referenced as ID MLS # A11469408. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$229,900
Original List Price:$229,900
Close Price:$220,000
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
Architectural Style:
  • Other
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:5
Possible Use:
  • Investment

Property Features

View from the Property:
  • Other
Waterfront:No
Security:
  • Other
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Refrigerator
  • Electric Range
Interior Features:
  • Family/dining Room
  • Built-in Features
  • Other
  • Elevator
Exterior Features:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • Northwest

Taxes and Expenses

Tax Annual Amount:$641

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:$389
Association Fee Frequency:
  • Monthly

Terms

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

Community

Subdivision Name:5050 CONDO
Association Fee Includes:
  • Common Areas
  • Insurance
Complex Name:5050 CONDO
Senior Community:Yes
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Verified
Water Access: Other
Unit Design: Other
Type of Association: Condo,Homeowners
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects Homestead Tax
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
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 121
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:5050 CONDO UNIT 504 UNDIV .856% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 20518-1930 0602 1 COC 23804-2024 23906-0552 09 05 1
Real Estate Folio Number (Parcel Number):01-41-06-121-0260
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:October 13, 2023 8:38 pm
On Market Date:October 13, 2023
Close Date:January 2, 2024
Price Change Date Time:November 19, 2023 1:32 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:January 8, 2024 10:12 am
Status Last Changed:January 8, 2024 10:12 am
Photos Last Modified:October 18, 2023 2:49 pm
Last Modified:January 8, 2024 3:13 pm
Days on the Market (updated on Last Modified*):63
Cumulative Days on the Market (updated on Last Modified**):63

Additional Information

Unit Location:Other
Number of Photos Count:22
Area:41
Ref ID:1046222518
Automated Valuation Display:Yes
Courtesy of:Florida Finest Homes Rlty Inc
Universal Property Id:US-12025-N-0141061210260-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St 504
Unit Number:504
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5050 NW 7th St 504 Miami FL 33126
Latitude:N25° 46' 40.4''
Longitude:W81° 43' 21''

Neighborhood

Postal City:Miami

Property Map

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