5 months on rocket

5050 NW 7th St Unit 705, Miami, FL, 33126

$244,900

Home List Price

$2,908*

Closing Credit

2 Bedrooms
2 Full Baths
882 SqFt
$278/SqFt
Condo

Location

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5050 NW 7th St Unit 705, Miami$244,900

Buyer Closing Credits

$2,908*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingTwo or More Spaces
Garage2 spaces
Year Built1973
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
ViewOther
MLS #A11611936
StatusActive

About 5050 NW 7th St Unit 705

Great investment opportunity "OWNER FINANCING"in upcoming area centrally located. This 2 bedroom 2 full bath on the 7th floor overlooking Miami is in the heart of an upcoming area of CentroCity where new central shopping plaza, charter school , target, walgreens and Fresco Mas, Airport and Downtown, ect..more. Investors looking for high demand rental area with profitability. The building is in progress of the 50 year recertification and beautification that includes hallways, flooring, lobby and entertainment /party area located on the 8th floor. Owner will offer owner financing, terms to be discussed with interested buyers. Make an appointment today. 24 hour notice .

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1973
  • Living Area: 882 SqFt

Listing Office:

  • Office Name: Luxurious Living Realty, Inc.
  • Office Phone: (305) 815-8404
  • Listing Agent: Susanita Ferro

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 5050 NW 7th St Unit 705
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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $244,900
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $427
  • 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

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

5050 NW 7th St Unit 705 vs Miami

176 DAYS ON ROCKET

+116 Days

$244,900

-$320.7K Less

$278/SqFt

-$114 Less

KEY TAKEAWAY

This property is $320.7K less than the Median Sold Price and $114/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: #A11611936

Listing Office:

  • Office Name: Luxurious Living Realty, Inc.
  • Office Phone: (305) 815-8404
  • Listing Agent: Susanita Ferro

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: 12/18/2024, 6:20:51 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

$1,717

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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

school-card-donut-4433273
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-4433274
6
/10

  • Kinlock Park Elementary School

  • 4275 NW 1st St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-4433275
6
/10

  • Fairlawn Elementary School

  • 444 SW 60th Ave

  • 1.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,275. The majority of Miami, FL residents have income less than $35k annually. Typical family type 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 705

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit 705 property is $244,900.

What type of property is this?

The property 5050 NW 7th St Unit 705 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Active Listing: 5050 NW 7th St Unit 705 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 705 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5050 NW 7th St Unit 705 is 882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit 705 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit 705

This home is located at 5050 NW 7th St Unit 705 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 June 24, 2024 and is currently priced at $244,900.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. 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.

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