Atlantic Luxury Advisors
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19 photos

5505 7th St #W406

Miami, FL 33126

$239,900
2
2
888 sq ft
1972
Condominium
$436/mo
167
Active

Listing courtesy of Florida Realty of Miami Corp (Sanjay Agnani). Contact: [email protected].

About this home

Gated community in sought after central location Building in pristine condition and fob entry only Unit is equipped with hurricane shutters Long term tenant in place paying $2120 monthly rent, lease ends July 2027 One reserved parking and limited visitor parking inside. Approved SA starts 7/1/2026 $138.39 x 24 months (Concrete restoration, waterproofing and painting) Owner pays monthly and buyer to assume upon purchase.

What it costs to own
Estimated monthly payment
$2,105/mo
Principal and interest
$1,213
Property tax
$306
Homeowners insurance
$150
HOA
$436

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
$3,677/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
$436/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.