$230,000
SOLD DEC 11, 2024
2 Beds
2 Baths
882 Sq Ft
$427/mo HOA Fee

Recently Sold

$261 Per Sq Ft

85 Days on Market

Highlights

  • Intercom to Front Desk
  • Community Pool
  • Built-In Features
  • Garden View
  • Balcony
  • 3-minute walk to Antonio Maceo Park

About This Home

As of December 2024

**Discover Contemporary Elegance at 5050 NW 7th Street: Your Ideal Miami Condominium**

Welcome to 5050 NW 7th Street, where modern sophistication meets urban convenience in the heart of Miami. This exquisite two-bedroom, two-bathroom condominium presents an exceptional opportunity for those seeking both comfort and style in one of the city's most vibrant neighborhoods. Nestled within a well-regarded building, this property offers a unique blend of luxury and practicality that is sure to captivate discerning buyers.

**Exceptional Location and Building Features**

Situated in the highly sought-after area of Miami, 5050 NW 7th Street places you at the epicenter of everything this dynamic city has to offer. The building itself stands out with its sleek, contemporary design.

Last Agent to Sell the Property

Maria Penaloza

So Flo Real Estate Group LLC License #3143939 Listed on: 09/17/2024

Last Buyer's Agent

Pablo Laham

One Zero Realty License #3260358

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $614

Year Built

  • Built in 1973

HOA Fees

  • $427 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • 882 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-121-0460

Community Details

Overview

  • 138 Units
  • Mid-Rise Condominium
  • 5050 Condo
  • 5050 Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • Property has 1 Level

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$614

Year Built

Built in 1973

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 5050 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 882
  • Possible Use: Investment
  • Stories: 8
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 5050 CONDO
  • Parking Features: 2 Or More Spaces, Guest, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 427
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-06-121-0460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 138
  • Number Of Units Total: 138

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 614

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Dec 11, 2024
Sold by
Ferrer Ramon
Bought by
Seovall Llc
Seller's Agent
Maria Penaloza
So Flo Real Estate Group LLC
Buyer's Agent
Pablo Laham
One Zero Realty
List Price
$230,000
Sold Price
$230,000
Views
54
Current Estimated Value
$232,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,750
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Dec 20, 2015
Sold by
Garcia Avelino
Bought by
Garcia Avelino

Purchase Details

Listed on
May 10, 2015
Closed on
Jul 2, 2015
Sold by
The Bank Of New York Mellon
Bought by
Garcia Avelino
Seller's Agent
Edward Pichs
MMLS Assoc.-Inactive Member
Buyer's Agent
Ivis Fernandez
MMLS Assoc.-Inactive Member
List Price
$114,400
Sold Price
$103,000
Premium/Discount to List
-$11,400
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$77,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2014
Sold by
Valenzuela Luis A
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 27, 2001
Sold by
Angela B Cardoza I
Bought by
Valenzuela Luis A
Source: Public Records

Similar Homes in the area

  • 310 NW 107th Ave Unit 208, Miami, FL 33172

    $269,999

    • 2 Beds
    • 1.5 Baths
    • 1,114 Sq Ft
    • 310 NW 107th Ave
    • Unit 208
    • Miami, FL

    PRICE ADJUSTED! Beautifully Renovated Lakefront Condo in Laguna Club East! This spacious two-story unit offers breathtaking lake views and an abundance of natural light throughout. The open-concept living area is perfect for relaxing or entertaining, and the in-unit laundry adds everyday convenience. Fully renovated from top to bottom, featuring a modern kitchen with granite countertops, new

    Ana Sandoval Realty Way, LLC.

    Section Image
  • 4550 NW 9th St Unit 118E, Miami, FL 33126

    $189,900

    • 1 Bed
    • 1 Bath
    • 580 Sq Ft
    • 4550 NW 9th St
    • Unit 118E
    • Miami, FL

    GREAT OPPORTUNITY!!! in Yolanda Villas with 1 Bedroom/ 1 Bathroom. Community with POOL, Gym, and Tennis Courts. Minutes to MIA Airport and Coral Gables. This unit is conveniently situated near shopping centers, restaurants, and within walking distance of Walgreens, supermarkets, and Target. This unit has assigned parking and no rental restrictions. Realtors bring your buyers. It won't last.

    Enrique Niebla Conde Realty

    Section Image
  • 21 E 3rd St Unit 406, Hialeah, FL 33010

    $260,000

    • 2 Beds
    • 2 Baths
    • 1,024 Sq Ft
    • 21 E 3rd St
    • Unit 406
    • Hialeah, FL

    Move-in ready, gorgeous 2 bed 2 bath condo in prime Miami location. This 4th floor unit has plenty of room with a nicely structured floorplan, and a great view that boasts privacy. The kitchen is loaded with stainless steel appliances, beautiful countertops and backsplash. The bedrooms are spacious with walk-in closets and plenty of shelves. Bathrooms are upgraded, each with their tub/shower

    Joel Valencia Keller Williams Capital Realty

    Section Image
  • 8635 NW 8th St Unit 103, Miami, FL 33126

    $265,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 8635 NW 8th St
    • Unit 103
    • Miami, FL

    Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo located on the first floor in the highly desirable community of Fox Chase. This move-in-ready unit features elegant granite countertops, tile flooring throughout, and a perfectly convenient parking spot located right in front of the unit. Enjoy a bright and open layout ideal for comfortable living and entertaining. The community

    Ariel Vargas EXP Realty LLC

    Section Image
  • 4610 NW 79th Ave Unit 2B, Doral, FL 33166

    $230,000

    • 1 Bed
    • 1 Bath
    • 780 Sq Ft
    • 4610 NW 79th Ave
    • Unit 2B
    • Doral, FL

    BEST Opportunity for Investors and local Buyers in this beautiful remodeled 1-Bedroom, 1-Bathroom Condo in a prime area of Doral, is perfect for comfortable living and a wide range of entertainment options. Enjoy a large balcony, ideal for relaxing or enjoying family time. Stainless steel appliances. The unit features tile floors throughout, a spacious master Bedroom, two closets, a large

    Xiomara Millan Coldwell Banker Realty

    Section Image
  • 8290 Lake Dr Unit 527, Doral, FL 33166

    $267,000

    • 1 Bed
    • 1 Bath
    • 710 Sq Ft
    • 8290 Lake Dr
    • Unit 527
    • Doral, FL

    Investment property located in the prestigious Downtown Doral. This stylish 1 Bedroom 1 Bath Condo Located in a secure, gated community is in last floor with great views and privacy and features In-Unit Washer&Dryer, ample Master Bedroom, Full kitchen, 2 parking spots. Enjoy access to amenities, boasting 4 Pools, 3 Tennis courts, a Racket Ball court, Gym, Clubhouse & free services like Freebee &

    Anabellia Chorny Re/Max Rex

    Section Image
  • 8290 Lake Dr Unit 502, Doral, FL 33166

    $257,000

    • 1 Bed
    • 1 Bath
    • 710 Sq Ft
    • 8290 Lake Dr
    • Unit 502
    • Doral, FL

    Price Improvement! Investment property located in the prestigious Downtown Doral. This stylish 1 Bedroom 1 Bath Condo located in a secure, gated community is in last floor with great views and privacy and features In-Unit Washer&Dryer, ample Master Bedroom, Full kitchen, 2 parking spots. Enjoy access to amenities, boasting 4 Pools, 3 Tennis courts, a Racket Ball court, Gym, Clubhouse & free

    Anabellia Chorny Re/Max Rex

    Section Image
  • 5300 NW 87th Ave Unit 812, Doral, FL 33178

    $178,991

    • 3 Beds
    • 4 Baths
    • 2,070 Sq Ft
    • 5300 NW 87th Ave
    • Unit 812
    • Doral, FL

    Own a unit in 4 star Resort in the famous: THE BLUE PROVIDENT AT DORAL !! Apartment (Villa) 2070 SqFt, 192 m2. Unit with 3 bedrooms, all en suite, 4 bathrooms and 3 balconies, fully furnished.Unit can be rented by owner (airb&b is ok) or by hotel program with a great rental income, withall utilities , maintenance, housekeeping, handyman, security, concierge included in the montly association

    Carmelot Dorsainrre Keller Williams Realty of PSL

    Section Image
  • 9375 SW 40th Terrace Unit 107, Miami, FL 33165

    $208,000

    • 1 Bed
    • 1 Bath
    • 627 Sq Ft
    • 9375 SW 40th Terrace
    • Unit 107
    • Miami, FL

    LOW HOA! CORNER CONDO! FIRST FLOOR! EXCELLENT INVESTMENT! Located within walking distance of top-rated schools and HCA Kendall Regional Hospital, this prime property features tiled floors throughout, stainless steel appliances, central A/C, and granite countertops. Enjoy the convenience of a spacious walk-in closet and an assigned parking space.This unit has a strong rental history, always

    Sergio Martins Compass Florida, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Title Team
Warranty Deed $230,000 Title Team
Deed $36,500 --
Special Warranty Deed $103,000 Attorney
Trustee Deed $81,300 None Available
Warranty Deed $100 --
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,250 New Conventional
Previous Owner $116,000 Stand Alone First
Previous Owner $29,000 Stand Alone Second
Previous Owner $108,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $230,000 0.0% $261 / Sq Ft
09/17/2024 09/17/24 For Sale $230,000 0.0% $261 / Sq Ft
09/06/2023 09/06/23 Rented $2,100 0.0% --
05/29/2023 05/29/23 For Rent $2,100 0.0% --
08/27/2015 08/27/15 Sold $103,000 0.0% $117 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/08/2015 06/08/15 Price Changed $103,000 -10.0% $117 / Sq Ft
05/10/2015 05/10/15 For Sale $114,400 -- $130 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,640 $178,800 -- --
2024 $639 $34,210 -- --
2023 $639 $31,100 $0 $0
2022 $641 $31,106 $0 $0
2021 $661 $31,106 $0 $0
2020 $2,524 $118,500 $0 $0
2019 $2,435 $118,500 $0 $0
2018 $2,217 $114,700 $0 $0
2017 $2,076 $92,431 $0 $0
2016 $1,834 $84,029 $0 $0
2015 $1,699 $76,390 $0 $0
2014 $1,200 $49,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11661363

MIAMI REALTORS® MLS

APN: 01-4106-121-0460