$230,000
SOLD DEC 11, 2024
2 Beds
2 Baths
882 Sq Ft
$427/mo HOA Fee

Recently Sold

$261 Per Sq Ft

85 Days on Market

Highlights

  • Intercom to Front Desk
  • Community Pool
  • Built-In Features
  • Garden View
  • Balcony
  • 3-minute walk to Antonio Maceo Park

About This Home

As of December 2024

**Discover Contemporary Elegance at 5050 NW 7th Street: Your Ideal Miami Condominium**

Welcome to 5050 NW 7th Street, where modern sophistication meets urban convenience in the heart of Miami. This exquisite two-bedroom, two-bathroom condominium presents an exceptional opportunity for those seeking both comfort and style in one of the city's most vibrant neighborhoods. Nestled within a well-regarded building, this property offers a unique blend of luxury and practicality that is sure to captivate discerning buyers.

**Exceptional Location and Building Features**

Situated in the highly sought-after area of Miami, 5050 NW 7th Street places you at the epicenter of everything this dynamic city has to offer. The building itself stands out with its sleek, contemporary design.

Last Agent to Sell the Property

Maria Penaloza

So Flo Real Estate Group LLC License #3143939

Last Buyer's Agent

Pablo Laham

BM2 Realty License #3260358

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $614

Year Built

  • Built in 1973

HOA Fees

  • $427 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • 882 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-121-0460

Community Details

Overview

  • 138 Units
  • Mid-Rise Condominium
  • 5050 Condo
  • 5050 Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • Property has 1 Level

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$614

Year Built

Built in 1973

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 5050 CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 882
  • Possible Use: Investment
  • Stories: 8
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 5050 CONDO
  • Parking Features: 2 Or More Spaces, Guest, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 427
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-06-121-0460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 138
  • Number Of Units Total: 138

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 614

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $230,000 0.0% $261 / Sq Ft
09/17/2024 09/17/24 For Sale $230,000 0.0% $261 / Sq Ft
09/06/2023 09/06/23 Rented $2,100 0.0% --
05/29/2023 05/29/23 For Rent $2,100 0.0% --
08/27/2015 08/27/15 Sold $103,000 0.0% $117 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/08/2015 06/08/15 Price Changed $103,000 -10.0% $117 / Sq Ft
05/10/2015 05/10/15 For Sale $114,400 -- $130 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $639 $34,210 -- --
2023 $639 $31,100 $0 $0
2022 $641 $31,106 $0 $0
2021 $661 $31,106 $0 $0
2020 $2,524 $118,500 $0 $0
2019 $2,435 $118,500 $0 $0
2018 $2,217 $114,700 $0 $0
2017 $2,076 $92,431 $0 $0
2016 $1,834 $84,029 $0 $0
2015 $1,699 $76,390 $0 $0
2014 $1,200 $49,720 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,250 New Conventional
Previous Owner $116,000 Stand Alone First
Previous Owner $29,000 Stand Alone Second
Previous Owner $108,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $230,000 Title Team
Deed $36,500 --
Special Warranty Deed $103,000 Attorney
Trustee Deed $81,300 None Available
Warranty Deed $100 --
Warranty Deed $65,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11661363

MIAMI REALTORS® MLS

APN: 01-4106-121-0460