5050 NW 7th St Unit 407, Miami, FL, 33126

Location

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5050 NW 7th St Unit 407, Miami$230,000

Buyer Closing Credits

$2,731^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingGuest, Two or More Spaces

Year Built1973

HeatingCentral, Electric

CoolingCentral Air, Ceiling Fan(s), Electric

ViewGarden

MLS #A11661363

StatusActive

About 5050 NW 7th St Unit 407

**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.

Property Details

Property Features

Property Information:

Architectural Style: High Rise, Split Level
Year Built: 1973
Stories: 1
Living Area: 882 SqFt

Listing Office:

Office Name: So Flo Real Estate Group LLC
Office Phone: (954) 826-1666
Listing Agent: Maria Penaloza

Interior Features

Interior Information:

Appliances: Electric Range, Electric Water Heater, Refrigerator
Flooring Type: Ceramic Tile, Tile
Interior: Built-in Features, Bedroom on Main Level, Elevator, Living/Dining Room

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 2

Exterior Features

Exterior Information:

View: Garden
Exterior: Balcony

Parking Information:

Parking: Guest, Two or More Spaces

Virtual/3D Tour

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Utilities

Utilities Information:

Heating: Central, Electric
Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

List Price: $230,000
Price Per SqFt: $261/SqFt

HOA Fees:

Amount: $427
Frequency: Monthly

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Housing Market Comparison

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

Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

# of Sold Homes

698

5050 NW 7th St Unit 407 vs Miami

58 DAYS ON ROCKET

-2 Days

$230,000

-$330.4K Less

$261/SqFt

-$129 Less

KEY TAKEAWAY

This property is $330.4K less than the Median Sold Price and $129/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: #A11661363

Listing Office:

Office Name: So Flo Real Estate Group LLC
Office Phone: (954) 826-1666
Listing Agent: Maria Penaloza

© 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: 11/15/2024, 3:20:47 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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Mortgage Insurance

Monthly Premium

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Homeowners Insurance

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Monthly Premium

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Homeowners Association (HOA)

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30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

NMLS#3030

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.

Nearby Schools

/10

Henry M. Flagler Elementary School
5222 NW 1st St
Distance between this listing and this school0.44 miles
Public District Grades PK-5

/10

Kinlock Park Elementary School
4275 NW 1st St
Distance between this listing and this school0.83 miles
Public District Grades PK-5

/10

Fairlawn Elementary School
444 SW 60th Ave
Distance between this listing and this school1.25 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

61%

<35k

34%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 58%
Post Secondary: 41%
Masters: 1%

What types of families live nearby?

50%

Single, No Kids

14%

Single, with Kids

20%

Married, No Kids

16%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 67%
Home Owners: 33%

How old are people in this area?

10%

<11 yrs old

12-17 yrs old

21%

18-34 yrs old

42%

35-64 yrs old

21%

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer

Where do the neighbors shop?

Burlington
H&M
Foot Locker

Where do the neighbors go to eat?

White Castle
Boston Market
Popeyes

What do the neighbors drive?

Kia
Honda
Nissan

What do the neighbors listen to?

Urban Adult Contemporary
Rhythmic Contemporary Hits

The neighbors living near this home have an average income of $23,275. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. 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 407

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit 407 property is $230,000.

What type of property is this?

The property 5050 NW 7th St Unit 407 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Active Listing: 5050 NW 7th St Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5050 NW 7th St Unit 407 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5050 NW 7th St Unit 407 is 882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit 407 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit 407

This home is located at 5050 NW 7th St Unit 407 in Miami, FL and zip code 33126 in the West Flagler neighborhood. This 882 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $230,000.

Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Utilities

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 5050 NW 7th St Unit 407

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