Atlantic Luxury Advisors
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10 photos

5201 7th St #506

Miami, FL 33126

$173,000
1
1
504 sq ft
1972
1 car
Condominium
$249/mo
32
Active

Listing courtesy of Ugarte Realty Inc. (Vicente Castro). Contact: [email protected].

About this home

Nice unit for first time buyers or as an investment property in a very central area near the airport, expressways, downtown and shopping centers for a convenient city living. The complex has a pool, gym, and sauna and there is an on-site management office. The community is gated with cameras located throughout. The unit has an awesome lake view from the balcony On a lease to a long term tenant since 2016. Current Lease expires March 31,2027 Low maintenance fee.

What it costs to own
Estimated monthly payment
$1,435/mo
Principal and interest
$875
Property tax
$203
Homeowners insurance
$108
HOA
$249

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,440/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$249/mo (from the listing)
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.