Great Investment opportunity! This condo building is in the heart of Miami just North of the Coral Gables city lines. Centrally located near the airport, dining, shops and downtown Miami. The building is currently going through the 50-year recertification and beautification to include New flooring, hallways, lobby renovation, windows, doors and pool area.
Sold for $185,000
$185,000
5050 NW 7th St APT 318, Miami, FL 33126
1beds
624sqft
Condominium
Built in 1973
-- sqft lot
$188,800 Zestimate®
$296/sqft
$1,840 Estimated rent
Home value
$188,800
$176,000 - $204,000
$1,840/mo
Zestimate® history
Owner options
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$1,840/mo
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$1,840/mo
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$1,914/mo
Est. payment
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$1,914/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Giovanna Fernandez 786-376-3372,
Berkshire Hathaway HomeServices Florida Realty,
Giovanna Fernandez 305-753-1280,
Berkshire Hathaway HomeServices Florida Realty
Bought with:
Jose Lorenzo, 3130916
Premier Global Brokers, LLC
Source: MIAMI,MLS#: A11494948
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range, Refrigerator
Features
- Flooring: Other
Interior area
- Total structure area: 624
- Total interior livable area: 624 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned, Guest
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: None, Balcony
- Pool features: Association
- Has view: Yes
- View description: Other
Details
- Parcel number: 0141061211060
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1973
Community & HOA
Community
- Security: Elevator Secure, Phone Entry, Lobby Secured
- Application fee: $150
- Subdivision: 5050 Condo
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Pool
- HOA fee: $550 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $146,395
- Annual tax amount: $551
- Date on market: 12/2/2023
- Listing terms: All Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Listing removed | -- |
Source:  MIAMI #A11543969 Report a problem | ||
| 3/7/2024 | Price change | $1,850-5.1%$3/sqft |
Source: MIAMI #A11543969 Report a problem | ||
| 3/4/2024 | Listed for rent | $1,950+116.7%$3/sqft |
Source: MIAMI #A11543969 Report a problem | ||
| 1/31/2024 | Sold | $185,000-7%$296/sqft |
Source: MIAMI #A11494948 Report a problem | ||
| 1/22/2024 | Pending sale | $199,000$319/sqft |
Source: BHHS broker feed #A11494948 Report a problem | ||
| 1/10/2024 | Contingent | $199,000$319/sqft |
Source: MIAMI #A11494948 Report a problem | ||
| 12/3/2023 | Listed for sale | $199,000+423.7%$319/sqft |
Source: MIAMI #A11494948 Report a problem | ||
| 7/11/2012 | Listing removed | $900$1/sqft |
Source: Keyes Real Estate, Mortgage, Title - Doral Plaza #A1658208 Report a problem | ||
| 6/29/2012 | Listed for rent | $900$1/sqft |
Source: Keyes Real Estate, Mortgage, Title - Doral Plaza #A1658208 Report a problem | ||
| 5/24/1995 | Sold | $38,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,926 +107% | $146,395 +396.6% |
| 2024 | $1,413 +156.5% | $29,480 +10% |
| 2023 | $551 -0.3% | $26,800 0% |
| 2022 | $553 -3% | $26,813 |
| 2021 | $570 -68.1% | $26,813 -65.1% |
| 2020 | $1,784 +5.6% | $76,815 +10% |
| 2019 | $1,688 +13.6% | $69,832 +10% |
| 2018 | $1,487 | $63,484 +10% |
| 2017 | $1,487 +5.6% | $57,713 +10% |
| 2016 | $1,408 +16.9% | $52,467 +10% |
| 2015 | $1,205 +15.1% | $47,698 +10% |
| 2014 | $1,046 +17.5% | $43,362 +10% |
| 2013 | $891 | $39,420 |
| 2012 | $891 -30.5% | $39,420 -30% |
| 2011 | $1,281 -34.2% | $56,310 -30% |
| 2010 | $1,947 -21% | $80,440 -25% |
| 2009 | $2,466 +3.8% | $107,250 |
| 2007 | $2,376 +20.3% | $107,250 |
| 2006 | $1,975 | -- |
| 2005 | $1,975 +10.4% | -- |
| 2004 | $1,789 +26% | -- |
| 2003 | $1,420 +33.1% | -- |
| 2002 | $1,066 | -- |
| 2001 | $1,066 | -- |
Find assessor info on the county website
Neighborhood: Flagami
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Nearby schools
GreatSchools rating
- 5/10Henry M. Flagler Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Kinloch Park Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10South Miami Senior High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$188,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$188,800
- Florida
- Miami-Dade County
- Miami
- 33126
- Flagami
- 5050 NW 7th St Apartment 318
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