5050 NW 7th Street 701, Miami, FL 33126 (MLS# B26004631)

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: 3/20/2026

Overview

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. Special assessments will be paid by Seller at closing. Price for a quick sale!

Listing Details MLS# B26004631

General Property Information

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

Property Features

Accessibility Features: Accessible Elevator Installed; Accessible Washer/Dryer; Common Area Association Fee Includes: Common Areas; Maintenance Structure; Water Dining Area: Dining/Living Room Flooring: Ceramic Tile Parking Features: Garage Door Opener; Carport; Detached Carport; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Refrigerator Construction Materials: Aluminum Siding; CBS Cooling: Central Air Association Type: Condominium Heating: None Interior Features: Custom Mirrors Laundry Features: 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 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 Balcony Details: Balcony - Open Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Listing Contract Date
2026-03-19
Original List Price
260000
Negotiable Seller Concessions YN
No
Occupant Type
Owner
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

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

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
500
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Email
office@vteconsultingllc.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
500
Membership Fee Required YN
No
Tax Annual Amount
3633.24
Tax Year
2025
Tax Assessed/SOH Value
184783
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
Assessor Market Value
198536

Status Change Information

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

More Information

Parking Information

Parking Space Number
21

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Pet Fee YN
No

Showing Details

Pet(s) on Premises
No

Price Calculations

Current Price To SqFt
232.14

Originating Details

Originating System Key
20260317163242885605000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Accessibility Features

Accessible Elevator Installed
Yes
Accessible Washer/Dryer
Yes
Common Area
Yes

Amenities

Elevator(s)
Yes

Association Fee Includes

Common Areas
Yes
Maintenance Structure
Yes
Water
Yes

Dining Area

Dining/Living Room
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Garage Door Opener
Yes
Carport
Yes
Detached Carport
Yes
Garage
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Possession

Other
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes

Heating

None
Yes

Unit Description

Corner/End Unit
Yes

Window Features

Other
Yes

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Aluminum Siding
Yes
CBS
Yes

Interior Features

Custom Mirrors
Yes

Laundry Features

Outside
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Association Type

Condominium
Yes

Showing Requirements

Call Listing Agent
Yes

Main Living Area

Entry Level
Yes

Master Bedroom/Bath

Master Bdrm - Ground
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Breed Restrictions
Yes

Restrictions

See Remarks
Yes

Tax Information

No Homestead
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Room Types

Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Room Information

Kitchen Living Room Master Bedroom
Listing Office: EXP Realty LLC
IDX
Last Updated: March - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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