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Sold for $185,000
    • $185,000

    5050 NW 7th Street #PH16, Miami, FL 33126

    1beds
    624sqft
    Condominium
    Built in 1973
    -- sqft lot
    $181,100 Zestimate®
    $296/sqft
    $1,820 Estimated rent

    Home value

    $181,100

    $159,000 - $206,000

    $1,820/mo

    Zestimate® history
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    What's special

    Major reduction! Cash or hard money loan only! Beautifully updated 1-bedroom unit, ideal for investors or end-users seeking low-maintenance living. Rent immediately with no restrictions or move right in and enjoy the convenience. Centrally located just south of Miami International Airport—10 minutes to Coral Gables, 15 minutes to Brickell, and 20 minutes to Miami Beach. The gated community features a new roof, freshly painted exterior, and solid management. 40/50-year recertification is underway. Buyer to assume a special assessment of $242.73/month through July 2026. One gated parking space included. Across the street, enjoy a park and scenic lake that add lifestyle value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dmitry Asanov 305-890-9240,

    Dade Luxury Realty LLC

    Bought with:

    Claudia Guajardo, 3542503

    Josly Realty

    Source: BeachesMLS,MLS#: F10523039MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • None
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Refrigerator
    Features
    • Other
    • Flooring: Ceramic Tile
    Interior area
    • Total interior livable area: 624 sqft

    Property

    Parking
    • Total spaces: 815
    • Parking features: Assigned
    • Garage spaces: 1
    Features
    • Patio & porch: Open, Balcony
    • Exterior features: Balcony, Lighting, Outdoor Living Area
    • Pool features: Association
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other
    Details
    • Parcel number: 0141061211360
    • Lease amount: $0

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1973

    Community & HOA

    Community
    • Security: Phone Entry, Smoke Detector(s), Security Fence
    • Pet deposit fee: $0
    • Senior community: Yes
    • Subdivision: 5050 Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Picnic Area, Pool, Parking, Elevator(s)
    • Services included: Common Areas, Legal/Accounting, Maintenance Grounds, Pool(s), Roof, Sewer, Trash, Water
    • HOA fee: $305 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $146,395
    • Annual tax amount: $3,030
    • Date on market: 8/22/2025
    • Cumulative days on market: 130 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/20/2026Sold$185,000-7.5%$296/sqft
    Source: BeachesMLS #F10523039 Report a problem
    10/29/2025Price change$199,900-4.4%$320/sqft
    Source: BeachesMLS #F10523039 Report a problem
    8/23/2025Listed for sale$209,000+266.7%$335/sqft
    Source: BeachesMLS #F10523039 Report a problem
    12/11/2000Sold$57,000+21.8%$91/sqft
    Source: Public Record Report a problem
    7/17/1996Sold$46,800+44.9%$75/sqft
    Source: Public Record Report a problem
    8/2/1993Sold$32,300$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 -0.2%$97,500
    2019$2,081 +11.2%$97,500 +9.1%
    2018$1,871 $89,330 +7.7%
    2017$1,871 +4.9%$82,957 +10%
    2016$1,784 +1171.4%$75,416 +81.7%
    2015$140 -2.5%$41,507 +0.8%
    2014$144 +3.1%$41,178 +1.5%
    2013$140 $40,570
    2012$140 -45.3%$40,570 -24.6%
    2011$255 -2%$53,821 +1.5%
    2010$260 +7.6%$53,026 +2.7%
    2009$242 +6.8%$51,632 +3.1%
    2007$226 -13.4%$50,079
    2006$261 --
    2005$261 -2.7%--
    2004$269 +6.6%--
    2003$252 -38.6%--
    2002$411 --
    2001$411 --
    Find assessor info on the county website

    Neighborhood: Flagami

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    Estimated market value
    $181,100
    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
    $181,100

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