Condo in 5050 NW 7th Street 701, Miami, FL 33126 for sale with MLS# B26004631
Investors alert! Strategically located in the heart of Miami, delivering an abundance of convenience due to its proximity to Miami International Airport , major highways, dining, & entertainment options. The building has been recently painted and features new hallway carpeting. The unit offers abundant natural light. The apartment requires a full renovation, making it ideal for investors or buyers looking to customize. Buy now before prices go up once renovation of the building is complete. Current special assessments will be paid by Seller at closing. Price for a quick sale!
5050 NW 7th Street 701, Miami, FL 33126
Price
- Price:
- $258,000.00
- Original List Price:
- $260,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $230.35
- More Listings Same Building:
- 5050 Condo in 5050 7th St Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Active Under Contract
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 21, 2026 11:13 pm
Rooms Distribution
- Bedrooms:
- 3
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Master Bdrm - Ground
- Dining Area:
- Dining/Living Room
Measures
- Living Area:
- 1,120 Sqft
- Built-Up Area:
- 1,120 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
Property Features
- Waterfront:
- No
- Security:
- Closed Circuit Camera(s)
- Accessibility:
- Accessible Elevator Installed, Accessible Washer/dryer, Common Area
- Appliances:
- Microwave, Refrigerator, Electric Range, Range
- Interior:
- Custom Mirrors
- Exterior:
- Balcony
- Patio and Porch:
- Patio
- Windows:
- Other
- Laundry:
- Common Area, Outside
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Property Entrance Faces:
- North
- Unit Description:
- Corner/end Unit
- Balcony Details:
- Balcony - Open
Construction
- Year Built:
- 1973
- Roof:
- Flat
- Levels:
- One
- Construction Materials:
- Stucco, Concrete, CBS
- Flooring:
- Tile, Ceramic Tile, Concrete
- Number of stories:
- 8
- Structure Type:
- Multi Family
- Stories:
- 8
- Foundation Details:
- Block, Concrete Perimeter
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,633.24
- Tax Year:
- 2025
- Tax Assessed Value:
- $184,783.00
- Association Fee:
- $541.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- No Homestead
Parking
- Parking Total Spaces:
- 1
- Carport Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Garage Door Opener, Open, Detached Carport, Carport
- Carport
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Water Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Special Assessment
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Other Approvals
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Breed Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Community Room, Laundry, Elevator(s), Parking
- Subdivision Name:
- 5050 CONDO
- Association Fee Includes:
- Common Areas
- Association Name:
- 5050 Condo
- Senior Community:
- No
- Association Phone:
- 3056037879
- Restrictions:
- See Remarks
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Other
Zoning and Legal
- Tax Legal Description:
- 5050 CONDO UNIT 701 UNDIV 1.086% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 16354-3183 0494 1 COC 23056-1744 01 2005 1
- Real Estate Folio Number (Parcel Number):
- 0141061210070
- Zoning:
- 6106
Public Schools Assigned
- Elementary School:
- Sparr Elementary School
- High School:
- South Miami
- Middle Or Junior School:
- Kinloch Park
Listing History
- Active on the market since:
- March 20, 2026
- Listing Agreement executed on:
- March 19, 2026
- Purchase Contract Date:
- April 15, 2026
- Price change occurred on:
- March 26, 2026 11:44 pm
- Listing Status Last Changed On:
- April 21, 2026 11:13 pm
- Photos updated on:
- March 21, 2026 9:27 pm
- Last Modified:
- April 21, 2026 11:14 pm
Additional Information
- Courtesy of:
- EXP Realty LLC
- Attribution:
- Not provided
Location
- Street Name:
- 7th
- Street Number:
- 5050
- Unit Number:
- 701
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33126
- County:
- Miami-Dade
- Latitude:
- N25° 46' 40.4''
- Longitude:
- W81° 43' 20.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- NW
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$55,722
Median Home Value
$299,800
Median Rent
$1,651/mo
Median Age
46
Population
47,038
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
55
Moderate
☀️ O3
45
Good
🫁 PM2.5
55
Moderate
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