$206,000
5050 NW 7th Street 511
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $206,000
- Price per sq ft
- $407
- Vs. nearby sales
- 46.4% above
- Days on market
- 57
This 1-bedroom condo in 5050 Condo is listed at $206,000, or $407 per square foot. It has been on the market for 57 days. The 6 most recent condo sales in the closings shown below sold at a median of $278 per square foot, so the asking price is 46.4% above what comparable homes here actually sold for.
Estimated monthly payment
$1,083 /mo
Principal and interest only, based on $41,200 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $246/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $206,000
- Days on Site
- 57 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 506 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- A12060915
- Property Tax
- $2,481 (2025)
- HOA Fees
- $246 / Monthly
- Subdivision
- 5050 CONDO
- County
- Miami Dade
- Status
- Active
About This Property
Welcome condo offering Location Ideally situated in a highly sought-after central area this home places you just moments from shopping, dining, entertainment, and major transit routes everything you need is right at your doorstep. One bedrooms, offering excellent privacy full bathrooms, Modern kitchen. Close to major highways, public transportation, parks, and everyday essentials.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 1
- Living Sq Ft
- 506
Interior Features
- Appliances
- Electric Range / Refrigerator
- Cooling
- Central Air
- Heating
- Other
- Flooring
- Ceramic Tile
- Interior Features
- Elevator / None / Other
- Furnished
- Unfurnished
Exterior Features
- Construction
- Brick / Block
- Exterior Features
- None
- View
- Other
Community & HOA
- HOA Fee
- $246 / Monthly
- HOA Includes
- Sewer / Trash / Water
- Association Amenities
- Elevators
- Security
- Phone Entry / Security Guard
- Pets Allowed
- No
- Financing Terms
- Cash
- Restrictions
- Limited Number Vehicles / No Rv
- MLS Area
- 2410
This home's HOA fee works out to $246 a month, in line with the $246 median across 5 homes for sale in 5050 Condo. See 5050 Condo HOA fees
Schools
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
About the Community
- Homes for Sale
- 5
- Median List Price
- $180,000
- Median $/Sq Ft
- $346
- Avg Days on Market
- 63
Frequently Asked Questions
- How do I schedule a tour of 5050 NW 7th Street 511, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5050 NW 7th Street 511, Miami, FL 33126. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5050 NW 7th Street 511, Miami, FL 33126 still available?
- 5050 NW 7th Street 511, Miami, FL 33126 is currently listed as Active, and has been on the market 57 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5050 NW 7th Street 511, Miami, FL 33126?
- With 20% down ($41,200) on the $206,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5050 NW 7th Street 511, Miami, FL 33126 is about $1,083/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5050 NW 7th Street 511, Miami, FL 33126?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5050 NW 7th Street 511, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5050 NW 7th Street 511, Miami, FL 33126 have an HOA fee?
- Yes: 5050 NW 7th Street 511, Miami, FL 33126 carries an HOA fee of about $246 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5050 NW 7th Street 511, Miami, FL 33126?
- 5050 NW 7th Street 511, Miami, FL 33126 is zoned for Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5050 NW 7th Street 511, Miami, FL 33126?
- Often, yes. The right offer on 5050 NW 7th Street 511, Miami, FL 33126 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Trueway Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.
$206,000
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Listed by Idarmys Gonzalez, Trueway Realty LLC
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Recent Sales
Recently sold homes in 5050 Condo
These are the last 6 recorded closings in 5050 Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $296 per square foot. The most recent closed on July 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$218,000
Sold · July 21, 2026
5050 NW 7th Street 806
2 bed · 2 bath · 883 sqft · $247/sqft
$17,000 under the asking price
Sold$215,000
Sold · May 5, 2026
5050 NW 7th Street 701
3 bed · 2 bath · 1,120 sqft · $192/sqft
$43,000 under the asking price
Sold$290,000
Sold · April 24, 2026
5050 NW 7th Street 401
3 bed · 2 bath · 1,120 sqft · $259/sqft
$9,900 under the asking price
Sold$165,000
Sold · April 3, 2026
5050 NW 7th Street 312
1 bed · 1 bath · 506 sqft · $326/sqft
$20,000 under the asking price
Sold$190,000
Sold · February 2, 2026
5050 NW 7th Street 309
1 bed · 1 bath · 506 sqft · $375/sqft
$5,000 over the asking price
Sold$185,000
Sold · January 20, 2026
5050 NW 7th Street PH16
1 bed · 1 bath · 624 sqft · $296/sqft
$14,900 under the asking price
See every recorded sale in 5050 Condo or find out what your 5050 Condo home is worth.
