$215,000
Sold · May 5, 2026
5050 NW 7th Street 701
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $215,000
- Vs. list price
- 16.7% under
- Days on market
- 26
- Price per sq ft
- $192
This 3-bedroom condo in 5050 Condo sold for $215,000 on May 5, 2026. That was 16.7% below its final list price of $258,000. It first came on the market at $260,000, so the price was adjusted before it sold. It spent 26 days on the market. At $192 per square foot, it closed 35.1% below the $296 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $215,000
- Sold On
- May 5, 2026
- Days on Site
- 26 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,120 sqft
- Total Sq Ft
- 1,120 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- B26004631
- Property Tax
- $3,633 (2025)
- HOA Fees
- $541 / Monthly
- Subdivision
- 5050 CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Standard
About This Property
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!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 8
- Levels
- One
- Parking
- Carport / Detached Carport / Garage / Garage Door Opener / Open
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,120
- Total Sq Ft
- 1,120
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 6106
Interior Features
- Appliances
- Electric Range / Microwave / Range / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- None
- Flooring
- Concrete / Ceramic Tile / Tile
- Interior Features
- Living Dining Room / Custom Mirrors / Main Level Primary
- Laundry
- Common Area / Outside
- Windows
- Other
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 3
Exterior Features
- Construction
- Block / Concrete / Stucco
- Roof
- Flat
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Patio / Balcony
Community & HOA
- HOA Fee
- $541 / Monthly
- HOA Name
- 5050 Condo
- HOA Includes
- Common Areas
- Association Amenities
- Clubhouse / Elevators / Laundry / Pool / Parking
- Community Features
- Gated
- Security
- Closed Circuit Cameras / Gated Community
- Utilities
- Electricity Connected / Water Connected
- Pets Allowed
- Breed Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- See Remarks
- MLS Area
- 2410
Schools
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
About the Community
- Homes for Sale
- 5
- Under Contract
- 0
- 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 701, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5050 NW 7th Street 701, 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 701, Miami, FL 33126 still available?
- 5050 NW 7th Street 701, Miami, FL 33126 is currently listed as Sold, and has been on the market 26 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 701, Miami, FL 33126?
- With 20% down ($51,600) on the $258,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5050 NW 7th Street 701, Miami, FL 33126 is about $1,356/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 701, 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 701, 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 701, Miami, FL 33126 have an HOA fee?
- Yes: 5050 NW 7th Street 701, Miami, FL 33126 carries an HOA fee of about $541 monthly (5050 Condo). 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 701, Miami, FL 33126?
- 5050 NW 7th Street 701, 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 701, Miami, FL 33126?
- Often, yes. The right offer on 5050 NW 7th Street 701, 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 EXP 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 July 1, 2026.
$215,000
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Listed by Ana Maria Casanova Hernandez PA, EXP Realty LLC
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Recent Sales
Recently sold homes in 5050 Condo
These are the last 5 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$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.
