Home » Miami » 5050 CONDO at 5050 7th St Miami » 5050 NW 7th St 707, Miami, FL 33126 | A11624699

For Sale 5050 NW 7th St 707, Miami, FL 33126

$244,900

Property Highlights

Listing ID A11624699 Status of this Listing: Active For Sale 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 This listing had previously gone off the market, and it is now Back on the Market. Lease Term Minimum Duration: 180 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 180 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 on Rebonus 142 Day(s)

5050 NW 7th St 707, Miami, FL 33126

Property Description: CENTRALLY LOCATED TO ALL MAJOR HIGHWAYS, MIAMI INTERNATIONAL AIRPORT, DOWNTOWN MIAMI AND THE BEACHES. THIS 2/2 UNIT FEATURES TILE FLOORS, TWO ASSIGNED PARKING SPACES WHICH IS IDEAL FOR INVESTORS LOOKING FOR HIGH DEMAND RENTAL AREA WITH HIGH PROFITABILITY. THE BUILDING IN PROGRESS OF THE 50 YEAR RECERTIFICATION, IS UPGRADING THE HALLWAY FLOORS, EXTERIOR AND INTERIOR PAINTING. ALLOWED TO RENT, NO RESERVES. Seller has designated Best Solution Title Services Inc as Settlement Agent on the transaction; 8301 Coral Way Miami Florida 33155 Seller willing to pay for owners title insurance policy at asking price Buyer must be willing to execute Hold Harmless agreement regarding items attached to this email

Residential Condominium For Sale located at 5050 NW 7th St 707 Miami FL 33126 in Miami-Dade referenced as ID MLS # A11624699. 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
Original List Price:$244,900
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):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:8

Property Features

Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Key Card Entry
  • Elevator Secured
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Walk-in Closet(s)
Exterior Features:
  • Patio
  • Courtyard
Patio and Porch Features:
  • Patio
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$639

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:$426
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

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

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Elevator(s)
Subdivision Name:5050 CONDO
Association Fee Includes:
  • Trash
  • Pool(s)
Complex Name:5050
Senior Community:No
Restrictions: No Motorcycles,No Restrictions

Parking

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

More Details

Other Information:
Unit ViewNone
Housing Older Persons ActNo HOPA
Unit DesignInterior Hall
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year2
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 707 UNDIV .856% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 18171-2810 0698 1
Real Estate Folio Number (Parcel Number):01-41-06-121-0490
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:July 19, 2024 6:50 am
On Market Date:July 16, 2024
Price Change Date Time:July 16, 2024 1:33 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:August 23, 2024 2:32 pm
Status Last Changed:August 23, 2024 2:32 pm
Photos Last Modified:September 8, 2024 2:28 am
Last Modified:September 30, 2024 8:54 pm
Days on the Market Reference Date:September 10, 2024
Days on the Market (updated on Last Modified*):39
Cumulative Days on the Market (updated on Last Modified**):39

Additional Information

Unit Location:Interior Hall
Number of Photos:46
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Casabella Miami Realty
Universal Property Id:US-12025-N-0141061210490-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5050
Street Direction Prefix:NW
Street Address:5050 NW 7th St 707
Unit Number:707
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade
Full Address:5050 NW 7th St 707, Miami, FL 33126
Latitude:N25° 46' 40.4''
Longitude:W81° 43' 21''

Neighborhood

Postal City:Miami

Property Map

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