Great for Investors.... No Reserves, No rental restrictions. Condo in the heart of the city! 1 bedroom, 1 bathroom unit has been completely remodeled to perfection, stainless steel appliances in the fully equipped kitchen, The bedroom has walking closet and the bathroom with natural light streaming in through the windows. waterproof laminated floors, one assigned parking spaces, open balcony. Building been under remodeling. Special Assessments in already paid. YOU MUST SEE!!!!!!!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1973
Living Area: 506 SqFt
Listing Office:
Office Name: Abora Homes, LLC.
Office Phone: (305) 244-1367
Listing Agent: Idarmys Gonzalez
Interior Features
Interior Information:
Appliances: Electric Range, Microwave, Refrigerator
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,410
Per Month
Principal & Interest
$1,074
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$269
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$711
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Henry M. Flagler Elementary School
5222 NW 1st St
Distance between this listing and this school0.44 miles
Public District Grades PK-5
6
/10
Kinlock Park Elementary School
4275 NW 1st St
Distance between this listing and this school0.83 miles
Public District Grades PK-5
6
/10
Fairlawn Elementary School
444 SW 60th Ave
Distance between this listing and this school1.25 miles
Public District Grades PK-5
Nearby Schools
4
/10
Kinloch Park Middle School
4340 NW 3rd St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school2.57 miles
Public Charter Grades KG-8
3
/10
Miami Springs Middle School
150 S Royal Poinciana Blvd
Distance between this listing and this school2.59 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Green Springs High School
3555 NW 7th St
Distance between this listing and this school1.56 miles
Public Charter Grades 9-12
8
/10
Academy for International Education Upper Charter School for
1080 La Baron Dr
Distance between this listing and this school2.42 miles
Public Charter Grades 6-12
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school2.63 miles
The neighbors living near this home have an average income of $23,275. Typical income of Miami, FL residents is less than $35k annually. The most common type of family is single, no kids. The majority of 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 511
What is the listing price of this property?
The listing price of 5050 NW 7th St Unit 511 property is $215,000.
What type of property is this?
The property 5050 NW 7th St Unit 511 is a condo located in Miami, Florida, 33126.
Is this property for sale now?
Active Listing: 5050 NW 7th St Unit 511 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 511 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 5050 NW 7th St Unit 511 is 506 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5050 NW 7th St Unit 511 is 1973.
This home is located at 5050 NW 7th St Unit 511 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 June 13, 2024 and is currently priced at $215,000.
In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.