5050 NW 7th Street 701, Miami, FL 33126

New Listing
$260,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,120 Status: Active
Current Price: $260,000 List Date: 3/20/2026 Last Modified: 3/21/2026

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!

More Information MLS# B26004631

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Occupant Type: Owner Seller Represented YN: Yes Listing Contract Date: 2026-03-19 Status: Active Original List Price: 260000 List Price: $260,000 Current Price: $260,000 Listing Service: Full Service

Location and Legal

County Or Parish: Miami-Dade Municipality Type: Incorporated Municipal Code: 01 Geographic Area: DADE Subdivision Number: 121 Special Assessment YN: Yes Flood Zone: AH Country: United States Street Number: 5050 Street Direction Prefix: NW Street Name: 7th Street Suffix: Street Unit Number: 701 State Or Province: FL Postal Code: 33126 Postal Code +4: 3439 Subdivision Name: 5050 CONDO Area: 2410 Elementary School: Henry M. Flagler Middle Or Junior School: Kinloch Park High School: South Miami Parcel Number: 0141061210070 Zoning: 6106 Directions: The Seller will pay the current special assessment at closing

General Property Information

Unit Floor #: 7 Adjusted Area Main: 1120 Living Area Main: 1120 Living Area Source: Public Records Accessibility Features YN: Yes Attached Carport YN: No Gated Community YN: Yes Lot Size Area: 0 Senior Community YN: No Outdoor Living Spaces YN: Yes Land Lease YN: No Recreation Lease YN: No Stories Total: 8 Stories: 8 Fireplace YN: No Pool Private YN: No Washer/Dryer Allowed YN: No LP/Assessed Value: 1.41 Property Sub Type: Condominium Bedrooms Total: 3 Bathrooms Total: 2 Bathrooms Full: 2 Building Area Main: 1120 Building Area Source: Public Records Year Built: 1973 Carport YN: 1 Carport Spaces: 1 Covered Spaces: 1 Parking Total: 1 Direction Faces: North

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Reserves YN: No Association Name: 5050 Condo Association Phone: 3056037879 Association Email: office@vteconsultingllc.com Association Website: https://www.vteconsultingllc.net Master Association YN: No Estimated Monthly Assoc Recurring Fee: 541 Membership Fee Required YN: No Tax Assessed/SOH Value: 184783 Assessor Market Value: 198536 Association YN: 1 Association Fee: 541 Association Fee Frequency: Monthly Tax Annual Amount: 3633.24 Tax Year: 2025 Tax 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

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Back on Market Date: 2026-03-20 Major Change Timestamp: 2026-03-20T12:35:38Z Major Change Type: New Listing Status Change Date: 2026-03-20

Accessibility Features

Accessible Elevator Installed: 1 Accessible Washer/Dryer: 1 Common Area: 1

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Application Information

Other Approvals: 1

Amenities

Community Room: 1 Elevator(s): 1 Laundry: 1 Parking: 1 Pool: 1

Association Fee Includes

Common Areas: 1

Dining Area

Dining/Living Room: 1

Flooring

Ceramic Tile: 1 Concrete: 1 Tile: 1

Foundation Details

Block: 1 Concrete Perimeter: 1

Parking Features

Garage Door Opener: 1 Open: 1 Carport: 1 Detached Carport: 1 Garage: 1

Parking Information

Parking Space Number: 21

Property Condition

Resale: 1

Special Listing Conditions

Standard: 1

Co-Ownership

Property Management YN: No

Structure Type

Multi Family: 1

Possession

Other: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1 Water Connected: 1

Heating

None: 1

Unit Description

Corner/End Unit: 1

Window Features

Other: 1

Appliances

Electric Range: 1 Microwave: 1 Refrigerator: 1 Range: 1

Construction Materials

CBS: 1 Concrete: 1 Stucco: 1

Interior Features

Custom Mirrors: 1

Laundry Features

Common Area: 1 Outside: 1

Levels

One: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Flat: 1

Security Features

Closed Circuit Camera(s): 1

Water Source

Public: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Association Type

Condominium: 1

Showing Requirements

Call Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Main Living Area

Entry Level: 1

Master Bedroom/Bath

Master Bdrm - Ground: 1

Pets Allowed YN

Yes: 1

Pets Allowed

Breed Restrictions: 1

Pet Details

Pet Fee YN: No

Restrictions

See Remarks: 1

Tax Information

No Homestead: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Open: 1

Room Types

Kitchen: 1 Living Room: 1 Master Bedroom: 1

Price Calculations

Current Price To SqFt: 232.14

Originating Details

Originating System Key: 20260317163242885605000000 Originating System ID: M00000170

Property Features

Accessibility Features: Accessible Elevator Installed; Accessible Washer/Dryer; Common Area Application Information: Other Approvals Association Fee Includes: Common Areas Dining Area: Dining/Living Room Flooring: Ceramic Tile; Concrete; Tile Foundation Details: Block; Concrete Perimeter Parking Features: Garage Door Opener; Open; Carport; Detached Carport; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Microwave; Refrigerator; Range Construction Materials: CBS; Concrete; Stucco Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: None Interior Features: Custom Mirrors Laundry Features: Common Area; Outside Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Other Restrictions: See Remarks Roof: Flat Security Features: Closed Circuit Camera(s) Sewer: Public Sewer Structure Type: Multi Family Tax Information: No Homestead Unit Description: Corner/End Unit Utilities: Electricity Connected; Water Connected Water Source: Public Window Features: Other Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Room Types: Kitchen; Living Room; Master Bedroom

Room Information

Kitchen Living Room Master Bedroom
Listing Office: EXP Realty LLC
IDX
Last Updated: March - 21 - 2026
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