15 days on rocket

5050 NW 7th St Unit Ph1, Miami, FL, 33126

$265,000

Home List Price

$3,147*

Closing Credit

3 Bedrooms
2 Full Baths
1,120 SqFt
$237/SqFt
Condo
Schools Nearby

Location

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5050 NW 7th St Unit Ph1, Miami$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingTwo or More Spaces
Year Built1973
HeatingCentral
CoolingCentral Air
ViewCity
MLS #A11589325
StatusActive

About 5050 NW 7th St Unit Ph1

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Penthouse
  • Year Built: 1973
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Anabel Garcia PA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Breakfast Area, First Floor Entry, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony

Parking Information:

  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 5050 NW 7th St Unit Ph1

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Miami Senior High School, Public Magnet Grades 9-12
  • Kinloch Park Middle School, Public District Grades 6-8
  • Henry M. Flagler Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $237/SqFt

HOA Fees:

  • Amount: $541
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

5050 NW 7th St Unit Ph1 vs Miami

15 DAYS ON ROCKET

-41 Days

$265,000

-$281.1K Less

$237/SqFt

-$146 Less

KEY TAKEAWAY

This property is $281.1K less than the Median Sold Price and $146/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11589325

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Anabel Garcia PA

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,931

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6235219
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6235220
4
/10

  • Kinloch Park Middle School

  • 4340 NW 3rd St

  • 0.72 miles

  • Public District Grades 6-8

High School

school-card-donut-6235221
3
/10

  • South Miami Senior High School

  • 6856 SW 53rd St

  • 4.30 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,275. The most common annual income of people living in Miami, FL is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 NW 7th St Unit Ph1

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit Ph1 property is $265,000.

What type of property is this?

The property 5050 NW 7th St Unit Ph1 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Active Listing: 5050 NW 7th St Unit Ph1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5050 NW 7th St Unit Ph1 are:
Henry M. Flagler Elementary School: GreatSchools Rating 6/10
Kinloch Park Middle School: GreatSchools Rating 4/10
South Miami Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 5050 NW 7th St Unit Ph1 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5050 NW 7th St Unit Ph1 is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit Ph1 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit Ph1

This home is located at 5050 NW 7th St Unit Ph1 in Miami, FL and zip code 33126 in the West Flagler neighborhood. This 1,120 square foot home was built in 1973. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $265,000.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. The inventory of homes for sale in Miami, FL between March 2024 and April 2024 increased by 7.2%. Listings spent 56 days on the market in April 2024, and had a median list price of $546,178 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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