5050 NW 7th St Unit 611, Miami, FL, 33126

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5050 NW 7th St Unit 611, Miami$189,000

Buyer Closing Credits

$2,244^*

1.25% Loan Amount

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, One Space, On Street

Garage1 space

Year Built1973

HeatingNone

CoolingCentral Air

ViewOther

MLS #A11655747

StatusActive

About 5050 NW 7th St Unit 611

Great for Investors.... No Reserves, No rental restrictions. Condo in the heart of the city! 1 bedroom, 1 bathroom, The bedroom has walking closet and the bathroom. one assigned parking spaces, open balcony. Building been under remodeling. Special Assessments in already paid. YOU MUST SEE!!!!!!!

Property Details

Property Features

Property Information:

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, Refrigerator
Flooring Type: Ceramic Tile
Interior: Elevator, Other

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, One Space, On Street

Virtual/3D Tour

Virtual Tour: 5050 NW 7th St Unit 611

Virtual Tour

Utilities

Utilities Information:

Heating: None
Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

List Price: $189,000
Price Per SqFt: $374/SqFt

HOA Fees:

Amount: $150
Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

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 611 vs Miami

66 DAYS ON ROCKET

+6 Days

$189,000

-$371.4K Less

$374/SqFt

-$16 Less

KEY TAKEAWAY

This property is $371.4K less than the Median Sold Price and $16/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: #A11655747

Listing Office:

Office Name: Abora Homes, LLC.
Office Phone: (305) 244-1367
Listing Agent: Idarmys Gonzalez

© 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, 2:20:47 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.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,161

Per Month

Principal & Interest

$944

Home Price

Interest Rate

Down Payment

Loan Term

Property Taxes

Annual Cost

$/ Year

Mortgage Insurance

Monthly Premium

$/ Month

Homeowners Insurance

$67

Monthly Premium

$/ Month

Homeowners Association (HOA)

$150

Monthly Fees

$/ Month

Utilities

Monthly Cost

$/ Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 NW 7th St Unit 611

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit 611 property is $189,000.

What type of property is this?

The property 5050 NW 7th St Unit 611 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Active Listing: 5050 NW 7th St Unit 611 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 611 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5050 NW 7th St Unit 611 is 506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit 611 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit 611

This home is located at 5050 NW 7th St Unit 611 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 September 10, 2024 and is currently priced at $189,000.

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. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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 611

More Resources

More Homes For Sale in Miami

Homes For Sale in Nearby Cities

Housing Market Reports in Miami-Dade County