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Backup Offers

5050 NW 7th St Unit 215, Miami, FL, 33126

$199,000

Home List Price

$2,363*

Closing Credit

1 Bedroom
1 Full Bath
506 SqFt
$393/SqFt
Condo
Schools Nearby

Location

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5050 NW 7th St Unit 215, Miami$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest, One Space
Garage1 space
Year Built1973
HeatingOther
CoolingCentral Air, Electric
ViewOther
MLS #A11494944
StatusAccepting Backup Offers
(Active Under Contract)

About 5050 NW 7th St Unit 215

Great Investment opportunity! This condo building is in the heart of Miami just North of the Coral Gables city lines. Centrally located near the airport, 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 and pool area. Cash only

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1973
  • Living Area: 506 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Florida Realty
  • Office Phone: (305) 774-5889
  • Listing Agent: Giovanna Fernandez

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Guest, One Space

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air, Electric

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: $199,000
  • Price Per SqFt: $393/SqFt

HOA Fees:

  • Amount: $550
  • 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

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

5050 NW 7th St Unit 215 vs Miami

145 DAYS ON ROCKET

+86 Days

$199,000

-$341K Less

$393/SqFt

+$13 More

KEY TAKEAWAY

This property is $341K less than the Median Sold Price and $13/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11494944

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Florida Realty
  • Office Phone: (305) 774-5889
  • Listing Agent: Giovanna Fernandez

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: 4/28/2024, 2:25:14 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.

Payment Calculator

$1,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-1839711
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1839712
3
/10

  • Kinloch Park Middle School

  • 4340 NW 3rd St

  • 0.72 miles

  • Public District Grades 6-8

High School

school-card-donut-1839713
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. Typical income of Miami, FL residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 NW 7th St Unit 215

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit 215 property is $199,000.

What type of property is this?

The property 5050 NW 7th St Unit 215 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Accepting Backup Offers: 5050 NW 7th St Unit 215 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5050 NW 7th St Unit 215 are:
Henry M. Flagler Elementary School: GreatSchools Rating 6/10
Kinloch Park Middle School: GreatSchools Rating 3/10
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 215 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5050 NW 7th St Unit 215 is 506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit 215 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit 215

This home is located at 5050 NW 7th St Unit 215 in Miami, FL and zip code 33126 in the West Flagler neighborhood. This 506 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $199,000.

While more than 115 listings in Miami, FL in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 619 were sold below. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased by 9.1%. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

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

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