Sold for $172,000

$172,000

5050 NW 7th St APT 616, Miami, FL 33126

1beds

624sqft

Condominium

Built in 1973

-- sqft lot

$182,600 Zestimate^®

$276/sqft

$1,840 Estimated rent

Home value

$182,600

$168,000 - $197,000

$1,840/mo

Zestimate^® history

Owner options

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$1,840/mo

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$1,840/mo

Rent Zestimate^®

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$1,471/mo

Est. payment

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$1,471/mo

Est. payment

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What's special

Beautiful sunset viewsClose to expresswaysBlue lagoonNew floorsLaundry rooms

Introducing this spacious 1 bed, 1 bath condo in the heart of Miami. This unit is close to expressways, downtown, airport, and the beaches. Step outside of your enclosed balcony to find beautiful sunset views of the airport, blue lagoon, and all of West Miami. 1 assigned parking space, and laundry rooms on every floor. Building is being remodeled. New floors and painting on every story. Don't miss out on this excellent opportunity in a rental area with high demand. Run don't walk!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Other, Elevator
Flooring: Tile

Interior area

Total structure area: 624
Total interior livable area: 624 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Guest
Attached garage spaces: 1

Features

Exterior features: Balcony
Has view: Yes
View description: Lake, Skyline
Has water view: Yes
Water view: Lake

Details

Parcel number: 0141061211010

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: Fire Alarm, Secured Garage/Parking
Application fee: $100
Subdivision: 5050 Condo

HOA

Has HOA: Yes
Amenities included: Other
HOA fee: $207 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $276/sqft
Tax assessed value: $146,395
Annual tax amount: $553
Date on market: 6/21/2023
Listing terms: All Cash,Cash

Price history

Date	Event	Price
8/14/2023	Sold	$172,000-4.4%$276/sqft
Source: MIAMI #A11407052 Report a problem
6/21/2023	Listed for sale	$179,900+299.8%$288/sqft
Source: MIAMI #A11407052 Report a problem
11/6/1997	Sold	$45,000$72/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,926 -5.2%	$146,395 -5%
2024	$3,087 +460.4%	$154,100 +475%
2023	$551 -0.3%	$26,800 0%
2022	$553 -3%	$26,813
2021	$570 -72.6%	$26,813 -72.5%
2020	$2,077 +0%	$97,500 +0.4%
2019	$2,076 +12.2%	$97,131 +10%
2018	$1,850	$88,301 +109.3%
2017	$1,850 +1279.5%	$42,180 +2.1%
2016	$134 -1.6%	$41,313 +0.7%
2015	$136 -2.5%	$41,026 +0.8%
2014	$140 +3.2%	$40,701 +1.5%
2013	$135	$40,100
2012	$135 -33.5%	$40,100 -15.9%
2011	$203 -1.5%	$47,663 +1.5%
2010	$207 +8.9%	$46,959 +2.7%
2009	$190 +8.6%	$45,725 +3.1%
2007	$175 -16.5%	$44,350
2006	$209	--
2005	$209 -3.4%	--
2004	$217 +7.5%	--
2003	$202 +6.8%	--
2002	$189	--
2001	$189	--