Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St 511, Miami, FL 33126 | A11606412

For Sale 5050 NW 7th St 511, Miami, FL 33126

$215,000
Price has decreased by $10,000

Property Highlights

Listing ID A11606412 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 506 Sqft/47.01 m2 approx. Building Area 506 Sqft/47.01 m2 approx. Year Built 1973 Lease Term Minimum Duration: 12 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 12 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property on Rebonus 178 Day(s)

5050 NW 7th St 511, Miami, FL 33126

Property Description: Great for Investors.... No Reserves, No rental restrictions. Condo in the heart of the city! 1 bedroom, 1 bathroom unit has been completely remodeled to perfection, stainless steel appliances in the fully equipped kitchen, The bedroom has walking closet and the bathroom with natural light streaming in through the windows. waterproof laminated floors, one assigned parking spaces, open balcony. Building been under remodeling. Special Assessments in already paid. YOU MUST SEE!!!!!!!

Residential Condominium For Sale located at 5050 NW 7th St 511 Miami FL 33126 in Miami-Dade referenced as ID MLS # A11606412. 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:Association Approval
Previous Asking Price:$225,000
Original List Price:$225,000
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
  • Brick
Flooring:
  • Ceramic Tile
Number of stories:9

Property Features

View from the Property:
  • Other
Waterfront:No
Security:
  • Key Card Entry
  • Elevator Secured
  • Phone Entry
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Other
  • Elevator
Exterior Features:
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$537

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:2024
Association Fee:$269
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
  • Close Of Escrow
Lease Considered:Yes

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Clubhouse
  • Laundry
  • Elevator(s)
Subdivision Name:5050 CONDO
Association Fee Includes:
  • Water
  • Pool(s)
  • Common Areas
  • Amenities
Complex Name:5050
Senior Community:No
Restrictions: Other Restrictions

Parking

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

Public Schools Assigned

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

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

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActNo HOPA
Unit DesignInterior Hall,Lobby,Other
Type of AssociationCondo
Minimum Number of Days for Lease12
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year12
Flood ZoneAH
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number121

Zoning and Legal

Tax Legal Description:5050 CONDO UNIT 511 UNDIV .495% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 17776-2366 0897 1
Real Estate Folio Number (Parcel Number):01-41-06-121-0740
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:June 13, 2024 12:17 pm
On Market Date:June 13, 2024
Price Change Date Time:October 26, 2024 2:58 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:October 26, 2024 2:58 pm
Status Last Changed:August 23, 2024 2:31 pm
Photos Last Modified:July 16, 2024 3:35 am
Last Modified:October 26, 2024 6:59 pm
Days on the Market Reference Date:October 26, 2024
Days on the Market (updated on Last Modified*):135
Cumulative Days on the Market (updated on Last Modified**):135

Additional Information

Unit Location:Interior Hall,Lobby,Other
Number of Photos:34
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Abora Homes, LLC.
Universal Property Id:US-12025-N-0141061210740-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St 511
Unit Number:511
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade
Full Address:5050 NW 7th St 511, Miami, FL 33126
Latitude:N25° 46' 40.4''
Longitude:W81° 43' 21''

Neighborhood

Postal City:Miami

Property Map

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