tomo logo

$215,000

Beds
1
Baths
1.0
sq ft
506

5050 NW 7th St Unit 511, Miami, FL 33126

5050 NW 7th St Unit 511

Miami, FL 33126

  • 162 days on market
    • Price drop $10,000↓
Great for Investors.... No Reserves, No rental restrictions. Condo in the heart of the city! 1 bedroom, 1 bathroom unit has been completely remodeled to perfection, stainless steel appliances in the fully equipped kitchen, The bedroom has walking closet and the bathroom with natural light streaming in through the windows. waterproof laminated floors, one assigned parking spaces, open balcony. Building been under remodeling. Special Assessments in already paid. YOU MUST SEE!!!!!!!

Details

Property type

Condominium

Est. home value

$161,212

Lot size

Unknown

Price per sq ft

$425

Year built

1973

Annual property taxes

$537

Monthly HOA fee

$269

Price History

10/26/2024
SEF

SEF #A11606412

Price change
$215,000
-4.44%
08/23/2024
SEF

SEF #A11606412

Listed
$225,000
08/06/2024
SEF

SEF #A11606412

Pending
$225,000

Schools & Community

Neighborhood: 

Flagami

Elementary school: 

Flagler; Henry M.

Middle school: 

Kinlock Park

High school: 

South Miami

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Mortgage Investors Inc

Loan start date

October 2003

Original loan amount

$66,600

Est. remaining balance

Not provided

Interest rate

6.44%

Loan type

New Conventional

Seller

Oscar Lores and Victoria Lores

Lender

United Mortgage Investors Inc

Loan start date

October 2003

Original loan amount

$66,600

Est. remaining balance

Not provided

Interest rate

6.44%

Loan type

New Conventional

Seller

Oscar Lores and Victoria Lores

Lender

Not Available

Loan start date

May 2001

Original loan amount

$46,750

Est. remaining balance

Not provided

Interest rate

7.04%

Loan type

New Conventional

Seller

Oscar Lores and Victoria Lores

Lender

Not Available

Loan start date

May 2001

Original loan amount

$46,750

Est. remaining balance

Not provided

Interest rate

7.04%

Loan type

New Conventional

Seller

Oscar Lores and Victoria Lores

Lender

Sierra, Hilda Tr

Loan start date

September 1997

Original loan amount

$38,000

Est. remaining balance

Not provided

Interest rate

7.47%

Loan type

Not Provided

Seller

Oscar Lores and Victoria Lores

Lender

Sierra, Hilda Tr

Loan start date

September 1997

Original loan amount

$38,000

Est. remaining balance

Not provided

Interest rate

7.47%

Loan type

Not Provided

Seller

Oscar Lores and Victoria Lores

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 2:40 AM

Listing updated: 10/26/2024 at 3:00 PM

Listed by: Idarmys Gonzalez, Abora Homes, LLC. Phone #: (305) 244-1367

MLS: SEF #A11606412

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