$185,000
Sold · January 20, 2026
5050 NW 7th Street PH16
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $185,000
- Vs. list price
- 7.5% under
- Days on market
- 130
- Price per sq ft
- $296
This 1-bedroom condo in 5050 Condo sold for $185,000 on January 20, 2026. That was 7.5% below its final list price of $199,900. It first came on the market at $209,000, so the price was adjusted before it sold. It spent 130 days on the market. At $296 per square foot, it closed 14.3% above the $259 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $185,000
- Sold On
- January 20, 2026
- Days on Site
- 130 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 624 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- F10523039
- Property Tax
- $3,030 (2024)
- HOA Fees
- $305 / Monthly
- Subdivision
- 5050 Condo
- County
- Miami Dade
- Status
- Sold
About This Property
Major reduction! Cash or hard money loan only! Beautifully updated 1-bedroom unit, ideal for investors or end-users seeking low-maintenance living. Rent immediately with no restrictions or move right in and enjoy the convenience. Centrally located just south of Miami International Airport—10 minutes to Coral Gables, 15 minutes to Brickell, and 20 minutes to Miami Beach. The gated community features a new roof, freshly painted exterior, and solid management. 40/50-year recertification is underway. Buyer to assume a special assessment of $242.73/month through July 2026. One gated parking space included. Across the street, enjoy a park and scenic lake that add lifestyle value.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 8
- Garage Spaces
- 1
- Parking
- Assigned
- Living Sq Ft
- 624
Interior Features
- Appliances
- Electric Range / Refrigerator
- Cooling
- Central Air
- Heating
- None
- Flooring
- Ceramic Tile
- Interior Features
- Other
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Architectural Style
- Other
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Other
Community & HOA
- HOA Fee
- $305 / Monthly
- HOA Includes
- Common Areas / Legal Accounting / Maintenance Grounds / Pools / Roof / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Picnic Area / Pool / Parking / Elevators
- Security
- Phone Entry / Smoke Detectors / Security Fence
- Pets Allowed
- Breed Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- No Restrictions / Other Restrictions
- MLS Area
- 2410
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 PH16, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5050 NW 7th Street PH16, 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 PH16, Miami, FL 33126 still available?
- 5050 NW 7th Street PH16, Miami, FL 33126 is currently listed as Sold, and has been on the market 130 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 PH16, Miami, FL 33126?
- With 20% down ($39,980) on the $199,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5050 NW 7th Street PH16, Miami, FL 33126 is about $1,051/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 PH16, 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 PH16, 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 PH16, Miami, FL 33126 have an HOA fee?
- Yes: 5050 NW 7th Street PH16, Miami, FL 33126 carries an HOA fee of about $305 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 5050 NW 7th Street PH16, Miami, FL 33126?
- Often, yes. The right offer on 5050 NW 7th Street PH16, 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 Dade Luxury 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.
$185,000
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Listed by Dmitry Asanov, Dade Luxury 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 $259 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
See every recorded sale in 5050 Condo or find out what your 5050 Condo home is worth.
