5 months on rocket

5050 NW 7th St Unit 707, 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 707, Miami$244,900

Buyer Closing Credits

$2,908*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Two or More Spaces
Garage2 spaces
Year Built1973
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11624699
StatusActive

About 5050 NW 7th St Unit 707

CENTRALLY LOCATED TO ALL MAJOR HIGHWAYS, MIAMI INTERNATIONAL AIRPORT, DOWNTOWN MIAMI AND THE BEACHES. THIS 2/2 UNIT FEATURES TILE FLOORS, TWO ASSIGNED PARKING SPACES WHICH IS IDEAL FOR INVESTORS LOOKING FOR HIGH DEMAND RENTAL AREA WITH HIGH PROFITABILITY. THE BUILDING IN PROGRESS OF THE 50 YEAR RECERTIFICATION, IS UPGRADING THE HALLWAY FLOORS, EXTERIOR AND INTERIOR PAINTING. ALLOWED TO RENT, NO RESERVES. Seller has designated Best Solution Title Services Inc as Settlement Agent on the transaction; 8301 Coral Way Miami Florida 33155 Seller willing to pay for owners title insurance policy at asking price Buyer must be willing to execute Hold Harmless agreement regarding items attached to this email

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Living Area: 882 SqFt

Listing Office:

  • Office Name: Casabella Miami Realty
  • Office Phone: (786) 542-1655
  • Listing Agent: Lydia Balda PA

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Courtyard, Patio

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 5050 NW 7th St Unit 707
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $426
  • 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 707 vs Miami

151 DAYS ON ROCKET

+91 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: #A11624699

Listing Office:

  • Office Name: Casabella Miami Realty
  • Office Phone: (786) 542-1655
  • Listing Agent: Lydia Balda PA

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

$1,716

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-4418209
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-4418210
6
/10

  • Kinlock Park Elementary School

  • 4275 NW 1st St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-4418211
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. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 NW 7th St Unit 707

What is the listing price of this property?

The listing price of 5050 NW 7th St Unit 707 property is $244,900.

What type of property is this?

The property 5050 NW 7th St Unit 707 is a condo located in Miami, Florida, 33126.

Is this property for sale now?

Active Listing: 5050 NW 7th St Unit 707 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 707 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5050 NW 7th St Unit 707 is 882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NW 7th St Unit 707 is 1973.

Rocket Homes›Florida›Miami-Dade County›Miami›33126›5050 NW 7th St Unit 707

This home is located at 5050 NW 7th St Unit 707 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 July 19, 2024 and is currently priced at $244,900.

While more than 38 listings in Miami, FL in November 2024 were sold above asking price, there were more than 112 listings sold at asking price, and 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%. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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