Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St PH1, Miami, FL 33126 | A11589325

For Sale 5050 NW 7th St PH1, Miami, FL 33126

$250,000
Price has decreased by $15,000

Property Highlights

Listing ID A11589325 Status of this Listing: Active For Sale 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 Time of this property on Rebonus 205 Day(s)

5050 NW 7th St PH1, Miami, FL 33126

Property Description: Attention all investors! Tremendous opportunity to own a very spacious 3/2 pent house unit with balcony overlooking the Miami skyline. This building is located in the heart of Miami just North of the Coral Gables city lines. Centrally located near the airport, major highways, dining, shops and downtown Miami. The building is currently going through the 50-year recertification and beautification to include new flooring, hallways, lobby renovation, windows, doors, roof and pool area. Proof of funds required with all offers.

Residential Condominium For Sale located at 5050 NW 7th St PH1 Miami FL 33126 in Miami-Dade referenced as ID MLS # A11589325. 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:3rd Party Approval
Previous Asking Price:$259,900
Original List Price:$265,000
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
Architectural
Style:
  • Penthouse
Entry Level (floor):8
Entry Level Location:8
Construction Materials:
  • Block
  • Brick
Flooring:
  • Tile
Number of stories:8

Property Features

View from the Property:
  • City
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Intercom
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Breakfast Area
  • Bedroom On Main Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$682

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:2023
Association Fee:$541
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Laundry
  • Elevator(s)
Subdivision Name:5050 CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Common Areas
  • Association Management
  • Parking
  • Amenities
Complex Name:5050 CONDO
Senior Community:No
Restrictions:Ok To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Two Or More Spaces

More Details

Other Information:
Unit ViewSkyline View
Housing Older Persons ActUnverified
Unit DesignPenthouse
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAH
Homeowner's Association Application Fee150
Rooms DescriptionFlorida Room
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Ref1075494857
Subdivision Number121

Zoning and Legal

Tax Legal Description:5050 CONDO UNIT PH1 UNDIV 1.086% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 17991-4707 0298 1
Real Estate Folio Number (Parcel Number):01-41-06-121-1250
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:May 16, 2024 8:04 pm
On Market Date:May 16, 2024
Price Change Date Time:October 29, 2024 10:51 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:October 29, 2024 10:51 am
Status Last Changed:October 29, 2024 10:50 am
Photos Last Modified:May 17, 2024 12:22 am
Last Modified:November 14, 2024 3:32 pm
Days on the Market Reference Date:November 14, 2024
Days on the Market (updated on Last Modified*):150
Cumulative Days on the Market (updated on Last Modified**):150

Additional Information

Unit Location:Penthouse
Number of Photos:36
Location:,,
Included:,,
Area:41
Courtesy of:Lifestyle International Realty
Universal Property Id:US-12025-N-0141061211250-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St PH1
Unit Number:PH1
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade
Full Address:5050 NW 7th St PH1, Miami, FL 33126
Latitude:N25° 46' 40.9''
Longitude:W81° 43' 20''

Neighborhood

Postal City:Miami

Property Map

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