5050 NW 7th St Apt 511
Miami, FL 33126 · condos · For Sale · 37 days on market
Asking price$206,000
1 beds 1 baths 506 sqft
Suggested offer$157,202$48,798 above the est. market value of $157,202.
View on Realtor.com →Listed by Idarmys Gonzalez PA · Trueway Realty, LLC.
Typecondos
Built1973
Price / sqft$407
Est. value (own analysis)$157,202
Rent estimate (own analysis)$1,750/mo
HOA$246/mo
Show every detail
Statusfor_sale
Listed date2026-07-28
Removed date—
MLSMiamiMLS #A12060915
Coordinates25.77790, -80.27752
Address5050 NW 7th St Apt 511
CityMiami
StateFL
Zip33126
Listing ID6736746881
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33126)
Typical home value (ZHVI)$303,717
Typical rent (ZORI)$2,370/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $206,000 |
| Down payment (20.0%) | $41,200 |
| Loan amount | $164,800 |
| Closing costs (5.0%) | $10,300 |
| Total cash to close | $51,500 |
| Income | |
| Rent (comp-derived) | $1,750$21,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,610$19,320 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $326$3,914 |
| Insurance (placeholder 0.8% of price) | $137$1,648 |
| HOA dues | $246$2,952 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $88$1,050 |
| Total operating expenses | $797$9,564 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $88$1,050 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 555 | $1,750 | 2026-08-20 | — | |
| apartment | 1 | 1 | 616 | $1,950 | 2026-08-15 | — | |
| condos | 1 | 1 | 662 | $1,700 | 2026-08-12 | — | |
| apartment | 1 | 1 | 598 | $1,675 | 2026-08-12 | — | |
| condos | 1 | 2 | 663 | $1,850 | 2026-08-07 | — | |
| condos | 1 | 1 | 605 | $1,500 | 2026-07-27 | — | |
| condos | 1 | 1 | 605 | $1,700 | 2026-07-24 | — | |
| condos | 1 | 1 | 546 | $1,700 | 2026-07-22 | — | |
| condos | 1 | 1 | 610 | $1,700 | 2026-07-20 | — | |
| condos | 1 | 1 | 605 | $1,700 | 2026-07-17 | — | |
| condos | 1 | 1 | 605 | $1,995 | 2026-07-14 | — | |
| condos | 1 | 1 | 580 | $1,675 | 2026-07-09 | — | |
| condos | 1 | 1 | 550 | $1,650 | 2026-07-02 | — | |
| condos | 1 | 1 | 605 | $1,800 | 2026-06-30 | — | |
| condos | 1 | 1 | 560 | $1,750 | 2026-06-25 | — | |
| condos | 1 | 1 | 607 | $1,700 | 2026-06-25 | — | |
| apartment | 1 | 1 | 504 | $1,700 | 2026-06-23 | — | |
| condos | 1 | 1 | 598 | $1,700 | 2026-06-19 | — | |
| condos | 1 | 1 | 605 | $1,775 | 2026-06-18 | — | |
| condos | 1 | 1 | 605 | $1,625 | 2026-06-17 | — | |
| condos | 1 | 1 | 506 | $1,725 | 2026-06-02 | — | |
| condos | 1 | 1 | 550 | $1,650 | 2026-05-27 | — | |
| condos | 1 | 1 | 663 | $1,800 | 2026-05-20 | — | |
| condos | 1 | 1 | 605 | $1,800 | 2026-08-04 | — | |
| condos | 1 | 1 | 598 | $1,750 | 2026-07-31 | — | |
| apartment | 1 | 1 | 608 | $1,900 | 2026-07-28 | — | |
| apartment | 1 | 1 | 506 | $1,675 | 2026-04-06 | — | |
| apartment | 1 | 1 | 533 | $1,800 | 2026-02-17 | — | |
| condos | 1 | 1 | 605 | $1,625 | 2026-03-13 | — | |
| condos | 1 | 1 | 598 | $1,725 | 2026-03-13 | — | |
| condos | 1 | 1 | 670 | $1,850 | 2026-02-10 | — | |
| apartment | 1 | 1 | 648 | $2,643 | 2025-11-18 | — | |
| apartment | 1 | 1 | 530 | $1,700 | 2026-08-24 | — | |
| condos | 1 | 1 | 605 | $1,750 | 2026-04-09 | — | |
| condos | 1 | 1 | 598 | $1,800 | 2026-03-25 | — | |
| apartment | 1 | 1 | 648 | $2,475 | — | — | |
| apartment | 1 | 1 | 648 | $2,550 | — | — | |
| apartment | 1 | 1 | 583 | $2,179 | — | — | |
| apartment | 1 | 1 | 630 | $2,578 | — | — | |
| apartment | 1 | 1 | 597 | $2,656 | — | — | |
| apartment | 1 | 1 | 661 | $2,702 | — | — | |
| apartment | 1 | 1 | 597 | $2,519 | — | — | |
| apartment | 1 | 1 | 648 | $2,475 | — | — | |
| apartment | 1 | 1 | 556 | $2,600 | — | — | |
| condos | 1 | 1 | 605 | $1,700 | 2026-09-01 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 399 NW 72nd Ave Apt 104 | condos | 1 | 1 | 680 | $197,500 | 2026-08-21 |
| 5201 NW 7th St Apt 105 | condos | 1 | 1 | 756 | $184,000 | 2026-07-27 |
| 5085 NW 7th St Apt 1412 | condos | 1 | 1 | 685 | $270,000 | 2026-07-02 |
| 4550 NW 9th St Unit 305E | condos | 1 | 1 | 598 | $203,900 | 2026-07-01 |
| 4550 NW 9th St Unit 803E | condos | 1 | 1 | 605 | $185,000 | 2026-06-08 |
| 8261 NW 8th St Apt 239 | condos | 1 | 1 | 714 | $235,000 | 2026-05-28 |
| 801 NW 47th Ave Unit 119W | condos | 1 | 1 | 605 | $180,000 | 2026-05-22 |
| 5077 NW 7th St Apt 610 | condos | 1 | 1 | 685 | $295,000 | 2026-05-08 |
| 5077 NW 7th St Apt TS7 | condos | 1 | 1 | 685 | $265,000 | 2026-03-31 |
| 9539950562 | condos | 1 | 1 | 550 | $180,000 | 2026-03-04 |
| 5201 NW 7th St Apt 507 | condos | 1 | 1 | 756 | $165,000 | 2026-01-30 |
| 5050 NW 7th St Ph 16 | condos | 1 | 1 | 624 | $185,000 | 2026-01-20 |
| 4301 NW South Tamiami Canal Dr Unit 3-209 | condos | 1 | 1 | 550 | $190,000 | 2026-01-15 |
| 4801 NW 7th St Apt 602 | condos | 1 | 1 | 560 | $175,000 | 2025-12-30 |
| 5199 NW 7th St Unit 607 | condos | 1 | 1 | 756 | $215,000 | 2025-12-22 |
| 4265 NW South Tamiami Canal Dr Unit 1-104 | condos | 1 | 1 | 550 | $185,000 | 2025-12-22 |
| 4855 NW 7th St Unit 208-6 | condos | 1 | 1 | 740 | $229,900 | 2025-12-04 |
| 8050 NW 8th St Unit 1409 | condos | 1 | 1 | 720 | $215,000 | 2025-11-04 |
| 5199 NW 7th St Apt 603E | condos | 1 | 1 | 756 | $195,500 | 2025-10-07 |
| 4242 NW 2nd St Apt 706 | condos | 1 | 1 | 715 | $320,000 | 2025-09-30 |
| 801 NW 47th Ave Unit 409W | condos | 1 | 1 | 605 | $182,000 | 2025-09-12 |
| 8635 NW 8th St Apt 104 | condos | 1 | 2 | 773 | $186,000 | 2025-09-09 |
| 5280 NW 7th St Apt 306 | condos | 1 | 1 | 600 | $195,000 | 2025-09-08 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 5050 NW 7th St Apt 220 | condos | 1 | 1 | 624 | $189,000 | — |
| 5501 NW 7th St Apt E412 | condos | 1 | 1 | 662 | $199,000 | — |
| condos | 1 | 1 | — | $173,000 | — | |
| 4550 NW 9th St Unit 512E | condos | 1 | 1 | 605 | $208,000 | — |
| 5199 NW 7th St Apt 501E | condos | 1 | 1 | 756 | $215,000 | — |
| 5201 NW 7th St Apt 506 | condos | 1 | 1 | 504 | $179,000 | — |
| 801 NW 47th Ave Unit 216W | condos | 1 | 1 | 598 | $180,000 | — |
| 5085 NW 7th St Apt 1505 | condos | 1 | 1 | 685 | $270,000 | — |
10-year hold projection
IRR5.3%
Equity multiple1.85x
Total return (10yr)$70,863
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $212,180 | $9,756 | -$4,003 | $163,013 | $49,167 |
| 2 | $218,545 | $10,097 | -$3,688 | $161,104 | $57,442 |
| 3 | $225,102 | $10,448 | -$3,363 | $159,063 | $66,039 |
| 4 | $231,855 | $10,812 | -$3,027 | $156,882 | $74,973 |
| 5 | $238,810 | $11,188 | -$2,680 | $154,552 | $84,259 |
| 6 | $245,975 | $11,576 | -$2,320 | $152,061 | $93,914 |
| 7 | $253,354 | $11,978 | -$1,949 | $149,400 | $103,954 |
| 8 | $260,955 | $12,393 | -$1,564 | $146,555 | $114,399 |
| 9 | $268,783 | $12,821 | -$1,167 | $143,516 | $125,268 |
| 10 | $276,847 | $13,264 | -$756 | $140,267 | $136,580 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.