Condo in Miami, FL 33126
5050 Building, 5050 NW 7th St #215

199,000-9.55%
$180,000
1
Beds
1
Baths
506
SqFt
Status
Sold - May 07, 2024
Parking
1
Size
506 SqFt (47 m2)
Price
$356/SqFt ($3,829/m2)
Type
Condo
Built
1973
HOA
$550/MO
MLS Number
A11494944
View
Other
On Site
985 Days
Updated
66 Days ago
Page Views
0
Great Investment opportunity! This condo building is in the heart of Miami just North of the Coral Gables city lines. Centrally located near the airport, dining, shops and downtown Miami. The building is currently going through the 50-year recertification a... Read more

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, TubShower
  • Equipment / Appliances: ElectricRange, Refrigerator
  • Heating Description: Other
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Other
  • Year Built: 1973
  • Year Built Description: Resale
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2023-12-02T21:42:31.000-00:00
    • Directions: North
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, MaintenanceStructure
    • Taxes: 537
    • Security Information: ElevatorSecured, LobbySecured, PhoneEntry
    • Parking Description: Assigned, Guest, OneSpace
    • Total Floors in Building: 10

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    Price History

    Current
    $180K
    High
    $199K
    Low
    $180K
    Total Change
    -9.5%
    $201K$190K$178KDec 23May 24
    Date
    Event
    Price
    Change
    Price Per
    05/07/2024
    Sold
    $180K
    -9.55%
    $356 ft2
    $3,829 m2
    12/02/2023
    Listed
    $199K
     
    $393 ft2
    $4,233 m2
    05/07/2024
    $180K
    Event
    Sold
    Change
    -9.55%
    Price Per
    $356 ft2
    $3,829 m2
    12/02/2023
    $199K
    Event
    Listed
    Price Per
    $393 ft2
    $4,233 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Giovanna FernandezBerkshire Hathaway HomeServices Florida Realty • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

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    Madrid Terrace, 6820 W Flagler St #212, Miami, Florida 33144, image 1
    Madrid Terrace, 6820 W Flagler St #212, Miami, Florida 33144, image 2
    $189,900 $100K
    • 1 Beds
    • 1 Baths
    • 697 SqFt
    • $272/SqFt
    Condo for sale in Madrid Terrace
    6820 W Flagler St #212, Miami, FL 33144
    Charming 1-bedroom, 1-bathroom apartment located in the heart of miami. This well-maintained unit offers an excellent opportunity for both investors and end-users. Situated in a highly desirable area, the property provides convenient access to major highways, shopping, dining, and is just minutes from miami international airport. The apartment features recent upgrades, including a new air conditioning unit installed less than a year ago, a dehumidifier to effectively control indoor humidity, and a brand-new stove, enhancing comfort and functionality. The property is currently tenant-occupied through the section 8 program, with a lease in place until december 2026 and an option to renew, offering immediate and stable rental income for investors. The new owner must honor the existing lease agreement. Ideal as an income-producing property or as a future primary residence, this unit is perfectly suited for a single occupant or a couple seeking comfort and convenience in a prime location. Don’t miss this opportunity to own in a sought-after miami neighborhood with strong rental demand and excellent accessibility.
    Community Snapshot
    1 to 1 BR
    Bedrooms
    $175K to $196K
    Price Tier
    506 - 1,120
    SqFt Range
    1973
    Year Build
    8
    Total Floors

    Subdivision Amenities

    Barbecue
    Clubhouse
    Elevators
    Laundry
    Pool
    Trash

    Miami
    Entry-Level
    Entry-Level Homes & Condos

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