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$258,000 -$2,000 (-0.77%) Price Reduced
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Property Description
Investors alert! Strategically located in the heart of Miami, delivering an abundance of convenience due to its proximity to Miami International Airport , major highways, dining, & entertainment options. The building has been recently painted and features new hallway carpeting. The unit offers abundant natural light. The apartment requires a full renovation, making it ideal for investors or buyers looking to customize. Buy now before prices go up once renovation of the building is complete. Current special assessments will be paid by Seller at closing. Price for a quick sale!
Full Property Details
Full Property Details for 5050 NW 7th St #701
General
- Price: $258,000
- HOA FEE: $541/month
- Taxes: $3,633 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26004631
- Updated: 3/26/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Living/Dining Room, Custom Mirrors, Main Level Primary
- Appliances: Electric Range, Microwave, Range, Refrigerator
- Flooring: Concrete, Ceramic Tile, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Other Rooms
- Laundry: Common Area, Outside
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Laundry, Pool, Parking
- Pool: Yes
- Pool Description: Association
- Security/Safety: Closed Circuit Camera(s), Gated Community
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Patio, Balcony
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Carport, Detached Carport, Garage, Garage Door Opener, Open
Location
- County: Miami-Dade
- Subdivision: 5050 CONDO
- Driving Directions: The Seller will pay the current special assessment at closing
- Direction Faces: North
School Information
- Elementary School: Henry M. Flagler
- Middle School: Kinloch Park
- High School: South Miami
Community
- Community Name: 2410
- Association: Yes
- Assoc. Name: 5050 Condo
- Assoc. Fees Include: Common Areas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Structure Type: Multi Family
- Construction: Block, Concrete, Stucco
- Roof: Flat
- Windows: Other
- Stories/Levels: 8
- Building Size: 1120
- Square Feet: 1,120
- Sq. Ft. Source: Public Records
- Living Area: 1,120 Sq. Ft.
- Year Built: 1973
- Property Condition: Resale
Lot Features
- Zoning: 6106
Financial Considerations
- Association Fee: $541
- Assoc Fee Freq.: Monthly
- Assessment Amount: $184,783
- Tax Amount: $3,633.24
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 5050 CONDO UNIT 701 UNDIV 1.086% INT IN COMMON ELEMENTS OFF REC 10337-293 OR 16354-3183 0494 1 COC 23056-1744 01 2005 1
- Disclosures/Rstr.: Special Assessment
- Property ID: 141061210070
Listed by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 5050 NW 7th St #701
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Henry M. Flagler Elementary School 5222 Northwest 1st Street, Miami, FL 33126 | PK-5 | 0.4 mi |
Kinloch Park Middle School 4340 Northwest 3rd Street, Miami, FL 33126 | 6-8 | 0.7 mi |
South Miami Senior High School 6856 Southwest 53rd Street, Miami, FL 33155 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5050 NW 7th St #701
Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$258,000
-0.77%
MLS
3/20/2026
Listed
$260,000
73.33%
MLS
2/04/2005
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5050 NW 7th St #701
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,751
—
$184,783
-3%
2024
$1,751
157%
$190,900
475%
2023
$682
-3%
$33,200
—
2021
$705
3%
$33,167
—
2022
$684
-3%
$33,167
-74%
2021
$705
-71%
$126,350
21%
2019
$2,432
9%
$104,306
10%
2018
$2,237
6%
$94,824
-25%
2017
$2,104
9%
$125,867
61%
2016
$1,938
8%
$78,368
10%
2015
$1,799
15%
$71,244
10%
2014
$1,563
17%
$64,768
10%
2013
$1,334
—
$58,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5050 NW 7th St #701
5050 NW 7th Street #701, Miami, FL 33126 (MLS# B26004631) is a Condo property with 3 bedrooms and 2 full bathrooms. 5050 NW 7th Street #701 is currently listed for $258,000 and was received on March 20, 2026. Want to learn more about 5050 NW 7th Street #701? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

