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  3. Miami, FL
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  5. 5050 Nw 7th St Unit 401
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5050 Nw 7th St Unit 401

5050 Nw 7th St Unit 709, Miami, FL, 33126

YEAR BUILT

1973

# STORIES

12

# TOTAL UNITS

42

UNIT SIZE RANGE

506-1,120 sqft

Description

5050 NW 7th St Unit 401 sits in the heart of Miami. The building stands 12 stories tall and contains 42 units. Completed in 1973, this high-rise offers various units ranging from 506 to 1,120 square feet. The building is close to Miami International Airport and major highways. It is near the lively downtown area and offers easy access to local amenities. Unit prices generally fall between $255,000 and $265,000. Recent sales show the lowest price around $195,000 and an average closing price of about $206,667. The average price per square foot is $250, reflecting the demand in this market. Units with 1, 2, and 3 bedrooms cater to different needs. Days on market average around 235, indicating a steady interest in this property. Views from the building include the skyline and Biscayne Bay, enhancing the appeal. Residents can enjoy various amenities, including a heated pool, spa, and business center. The building has cabana spaces and a clubhouse for social gatherings. A laundry facility and child play area provide functional support for families. Security is assured with a secured lobby entrance. Each unit comes with two assigned parking spaces, making it easier for residents. The building is pet-friendly, adding to its attractiveness. Current renovations include ongoing updates as part of a 50-year certification process. Dining and shopping options include Barzola Restaurant and El Tamalito Cubano III, providing local flavors. The neighborhood supports good rental potential with no restrictions, making it an interesting option for investors. Balconies in many units allow for outdoor enjoyment. Overall, this building combines residential comfort with a vibrant Miami lifestyle.

Building ImageMLS ID #A11929440
Building ImageMLS ID #A11929440
Building Image
Building ImageView Listing

5050 Nw 7th St Unit 401

5050 Nw 7th St Unit 709, Miami, FL, 33126

YEAR BUILT

1973

# STORIES

12

# TOTAL UNITS

42

UNIT SIZE RANGE

506-1,120 sqft

Description

5050 NW 7th St Unit 401 sits in the heart of Miami. The building stands 12 stories tall and contains 42 units. Completed in 1973, this high-rise offers various units ranging from 506 to 1,120 square feet. The building is close to Miami International Airport and major highways. It is near the lively downtown area and offers easy access to local amenities. Unit prices generally fall between $255,000 and $265,000. Recent sales show the lowest price around $195,000 and an average closing price of about $206,667. The average price per square foot is $250, reflecting the demand in this market. Units with 1, 2, and 3 bedrooms cater to different needs. Days on market average around 235, indicating a steady interest in this property. Views from the building include the skyline and Biscayne Bay, enhancing the appeal. Residents can enjoy various amenities, including a heated pool, spa, and business center. The building has cabana spaces and a clubhouse for social gatherings. A laundry facility and child play area provide functional support for families. Security is assured with a secured lobby entrance. Each unit comes with two assigned parking spaces, making it easier for residents. The building is pet-friendly, adding to its attractiveness. Current renovations include ongoing updates as part of a 50-year certification process. Dining and shopping options include Barzola Restaurant and El Tamalito Cubano III, providing local flavors. The neighborhood supports good rental potential with no restrictions, making it an interesting option for investors. Balconies in many units allow for outdoor enjoyment. Overall, this building combines residential comfort with a vibrant Miami lifestyle.

Next

Description

5050 NW 7th St Unit 401 sits in the heart of Miami. The building stands 12 stories tall and contains 42 units. Completed in 1973, this high-rise offers various units ranging from 506 to 1,120 square feet. The building is close to Miami International Airport and major highways. It is near the lively downtown area and offers easy access to local amenities. Unit prices generally fall between $255,000 and $265,000. Recent sales show the lowest price around $195,000 and an average closing price of about $206,667. The average price per square foot is $250, reflecting the demand in this market. Units with 1, 2, and 3 bedrooms cater to different needs. Days on market average around 235, indicating a steady interest in this property. Views from the building include the skyline and Biscayne Bay, enhancing the appeal. Residents can enjoy various amenities, including a heated pool, spa, and business center. The building has cabana spaces and a clubhouse for social gatherings. A laundry facility and child play area provide functional support for families. Security is assured with a secured lobby entrance. Each unit comes with two assigned parking spaces, making it easier for residents. The building is pet-friendly, adding to its attractiveness. Current renovations include ongoing updates as part of a 50-year certification process. Dining and shopping options include Barzola Restaurant and El Tamalito Cubano III, providing local flavors. The neighborhood supports good rental potential with no restrictions, making it an interesting option for investors. Balconies in many units allow for outdoor enjoyment. Overall, this building combines residential comfort with a vibrant Miami lifestyle.

5050 Nw 7th St Unit 401 Market Stats Last 12 months

Avg. Listed Price$231,334($317/Sqft.)

Avg. Sale Price$206,667($250/Sqft.)
Year over year list priceUp Arrow0.90%

Year over year sale priceDown Arrow 2.63%
Total Listings3 Listed

Total sold3 Sold
Average Days on Market235 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow0.90%

Year over year sale priceDown Arrow2.63%
Total Listings3 Listed

Total sold3 Sold
Average Days on Market235 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

High
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5050 Nw 7th St Unit 401 Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 101101112032312024-08-26
MLS#: A11630825
Closed$249,000
Unit 401401112032792023-11-30
MLS#: A11450421
Closed$255,000
Unit 4024021120321192023-10-27
MLS#: A11412405
Closed$265,000
Unit 101
101

3 Beds

2 Baths

1120 sqft


DateStatusPrice
2024-08-26Closed$249,000
MLS#: A11630825
Days On Market31
Unit 401
401

3 Beds

2 Baths

1120 sqft


DateStatusPrice
2023-11-30Closed$255,000
MLS#: A11450421
Days On Market79
Unit 402
402

3 Beds

2 Baths

1120 sqft


DateStatusPrice
2023-10-27Closed$265,000
MLS#: A11412405
Days On Market119
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

Another big drawing card at this condo is its fantastic amenities. Not only can you soak in the sunshine at the heated pool, but there’s also a cabana and spa/hot tub for those moments when you want to unwind. If you're a fan of barbeque nights, you'll appreciate the barbecue area and the community room that's perfect for gatherings. Kids will love the child play area, and for those working from home or needing a quiet space, there’s a business center at your disposal. With additional perks like an elevator and a sauna, the lifestyle here is both convenient and enjoyable.

Next

Amenities Description

Another big drawing card at this condo is its fantastic amenities. Not only can you soak in the sunshine at the heated pool, but there’s also a cabana and spa/hot tub for those moments when you want to unwind. If you're a fan of barbeque nights, you'll appreciate the barbecue area and the community room that's perfect for gatherings. Kids will love the child play area, and for those working from home or needing a quiet space, there’s a business center at your disposal. With additional perks like an elevator and a sauna, the lifestyle here is both convenient and enjoyable.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Barbecue

Barbecue

Bike Storage

Bike Storage

Pool

Pool

Community Room

Community Room

Private Pool

Private Pool

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Spa/Hot Tub

Spa/Hot Tub

Sauna

Sauna

Business Center

Business Center

Storage

Storage

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

When considering a condo, it's vital to understand the policies in place, and at 5050 Nw 7th St, it’s all about balance. Dogs under 20 lbs are welcome, so your furry friends can join you on this journey. While there are certain restrictions, the overall vibe is pet-friendly, allowing you to explore the community with your pup.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5050 Nw 7th St Unit 401$250/sqft.$3 /sqft.
5050 Nw 7th St$250/sqft.$3 /sqft.
5077 Nw 7th St$382/sqft.$2 /sqft.
5085 Nw 7th St$396/sqft.$2 /sqft.
5099 Nw 7th St$327/sqft.$2 /sqft.
Vista Lake Condo$329/sqft.$4 /sqft.

Nearby Schools

5050 Nw 7th St Unit 401 is located in a school-accessible area of Flagami, Miami. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Henry M. Flagler Elementary School

B
Public|Grades PK–5
5222 NW 1st St|0.45 miles away

Bamby's Day Care Center

--
Private|Grades PK–3
860 NW 44th Ave|0.6 miles away

Kinloch Park Middle School

C-
Public|Grades 6–8
4340 NW 3rd St|0.73 miles away

Acceleration Academies Lejeune

--
Public|Grades 9–12
550 NW 42nd Ave|0.82 miles away

Kinlock Park Elementary School

B
Public|Grades PK–5
4275 NW 1st St|0.83 miles away

Ebenezer Day Care

--
Private|Grades PK–2
4111 SW 4th St|1.09 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

5050 Nw 7th St Unit 401 is located in a school-accessible area of Flagami, Miami. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Henry M. Flagler Elementary School

B
Public|Grades PK–5
5222 NW 1st St|Less than 1 Mile Away

Bamby's Day Care Center

--
Private|Grades PK–3
860 NW 44th Ave|Less than 1 Mile Away

Kinloch Park Middle School

C-
Public|Grades 6–8
4340 NW 3rd St|Less than 1 Mile Away

Acceleration Academies Lejeune

--
Public|Grades 9–12
550 NW 42nd Ave|Less than 1 Mile Away

Kinlock Park Elementary School

B
Public|Grades PK–5
4275 NW 1st St|Less than 1 Mile Away

Ebenezer Day Care

--
Private|Grades PK–2
4111 SW 4th St|1.09 Miles Away

Fairlawn Elementary School

B
Public|Grades PK–5
444 SW 60th Ave|1.26 Miles Away

Gables Montessori School

--
Private|Grades PK–KG
990 S Le Jeune Rd|1.37 Miles Away

Yin Yang Academy

--
Private|Grades PK–6
6031 SW 8th St|1.41 Miles Away

Green Springs High School

--
Public|Grades 9–12
3555 NW 7th St|1.55 Miles Away

The Biltmore School

--
Private|Grades PK–8
1600 SW 57th Ave|1.65 Miles Away

Lindamood-Bell Learning Processes Coral Gables

--
Private|Grades 8–11
806 S Douglas Rd S...|1.66 Miles Away

Crystal Academy Primary School Caps Intern

--
Private|Grades UG–UG
110 Phoenetia Ave|1.69 Miles Away

Kids Small World Learning Center

--
Private|Grades PK–3
3360 W Flagler St|1.72 Miles Away

Sylvania Heights Elementary School

A-
Public|Grades PK–5
5901 SW 16th St|1.75 Miles Away

Auburndale Elementary School

C+
Public|Grades PK–5
3255 SW 6th St|1.98 Miles Away

Transit

5050 Nw 7th St Unit 401 is located in a well-connected part of Flagami, Miami, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

5201 BLUE LAGOON DR

0.36 miles away|7 min walk

AIRPORT STATION

1.82 miles away|35 min walk

BLUE LAGOON DR & # 5500

0.55 miles away|11 min walk

BLUE LAGOON DR@# 5757

0.91 miles away|18 min walk

BLUE LAGOON DR & # 5800

0.92 miles away|18 min walk

BLUE LAGOON DR & # 5820

1.07 miles away|21 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

5050 Nw 7th St Unit 401 is located in a well-connected part of Flagami, Miami, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

5201 BLUE LAGOON DR

0.36 miles away|7 min walk

AIRPORT STATION

1.82 miles away|35 min walk

BLUE LAGOON DR & # 5500

0.55 miles away|11 min walk

BLUE LAGOON DR@# 5757

0.91 miles away|18 min walk

BLUE LAGOON DR & # 5800

0.92 miles away|18 min walk

BLUE LAGOON DR & # 5820

1.07 miles away|21 min walk

BLUE LAGOON DR & # 5835

1.06 miles away|21 min walk

BLUE LAGOON DR & # 6100

1.23 miles away|24 min walk

BLUE LAGOON DR & # 6161

1.21 miles away|24 min walk

CHARLIE DELUCCA PARK

0.36 miles away|7 min walk

GALIANO ST@ANTIQUERA AV

1.59 miles away|31 min walk

LE JEUNE RD & W FLAGLER ST

0.96 miles away|19 min walk

Miami Airport Station

1.72 miles away|34 min walk

MIAMI INTERMODAL CENTER

1.68 miles away|33 min walk

MIAMI INTERNATIONAL AIRPORT STATION NORTHBOUND

1.81 miles away|35 min walk

MIAMI INTERNATIONAL AIRPORT STATION SOUTHBOUND

1.82 miles away|35 min walk

MIAMI INTL AIRPORT GROUND LEVEL

1.2 miles away|23 min walk

NW 11 ST & OP #5500 (W/M)

0.55 miles away|11 min walk

NW 21 ST & NW 37 AV

1.75 miles away|34 min walk

NW 2ND ST @ NW 37TH AVE

1.36 miles away|27 min walk

NW 2ND TERR @ NW 37TH AVE

1.35 miles away|26 min walk

NW 37 AV & 7 ST

1.35 miles away|26 min walk

NW 37 AV & NW 11 ST

1.38 miles away|27 min walk

NW 37 AV & NW 12 TE

1.41 miles away|27 min walk

NW 37 AV & NW 14 ST

1.46 miles away|29 min walk

NW 37 AV & NW 14 TE

1.5 miles away|29 min walk

NW 37 AV & NW 16 ST

1.52 miles away|30 min walk

NW 37 AV & NW 17 ST

1.58 miles away|31 min walk

NW 37 AV & NW 18 TE

1.62 miles away|32 min walk

NW 37 AV & NW 2 ST

1.39 miles away|27 min walk

NW 37 AV & NW 4 ST

1.37 miles away|27 min walk

NW 37 AV & NW 4 TE

1.35 miles away|26 min walk

NW 37 AV & NW 9 ST

1.36 miles away|27 min walk

NW 3RD ST @ NW 42ND AVE

0.84 miles away|17 min walk

NW 42 AV & NW 11 ST

0.89 miles away|18 min walk

NW 42 AV & NW 14 ST

1.06 miles away|21 min walk

NW 42 AV@NW 25 ST

1.63 miles away|32 min walk

NW 42 AV & NW 27 ST

1.74 miles away|34 min walk

NW 42 AV & NW 28 ST

1.82 miles away|35 min walk

NW 42 AV & NW 2 ST

0.91 miles away|18 min walk

NW 42 AV & NW 31 ST

1.96 miles away|38 min walk

NW 42 AV & NW 4 ST

0.85 miles away|17 min walk

NW 42 AV & NW 5 ST

0.85 miles away|17 min walk

NW 42 AV & NW 7 ST

0.83 miles away|16 min walk

NW 42 CT @ NW TAMIAMI CANAL DR

1.2 miles away|23 min walk

NW 47TH AVE @ W FLAGLER ST

0.55 miles away|11 min walk

NW 57 AV & NW 2 ST

0.75 miles away|15 min walk

NW 57 AV & NW 5 ST

0.68 miles away|14 min walk

NW 57 AV & NW 7 ST

0.69 miles away|14 min walk

NW 57 AV & W FLAGLER ST

0.82 miles away|16 min walk

The Neighbourhood: Flagami

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5050 Nw 7th St Unit 401 Demographics

Age Demographics

0–14 Years

12.8%

15–29 Years

15.95%

30–44 Years

19.82%

45–59 Years

23.08%

60+ Years

28.36%

Commute

3.87%

Transit

1.99%

Walk

85.36%

Drive

0.26%

Bike

Housing Ownership

36.38%

Owner Occupied

63.62%

Rental Units

Household Types

Single Family
29.06%
Multi Family
8.05%
Single Person
30.25%
Multi Person
69.75%

Average Income

Household:$4,421,979.73 /yr

Individual:$2,330,540.41 /yr

Education

Bachelors Degree19.46%
High School College31.29%
Diploma9.38%
Post Graduate7.42%
Others32.46%
Next

Education

Diploma9.38%
Post Graduate7.42%
Others32.46%
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  3. /
    5050 Nw 7th St Unit 401
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