Atlantic Luxury AdvisorsKeller Williams Realty Services
Under contract. Ask us to watch it: if it comes back on the market, you hear first.

44 photos

5055 NW 7th St #908

Miami, FL 33126

$285,000
2
2
1,037 sq ft
1973
1 car
Condominium
$400/mo
25
Active Under Contract

Listing courtesy of Coldwell Banker Realty. Contact: [email protected].

About this home

Spacious, bright and beautifully updated! This 2-bed, 2-bath condo offers over 1,000 square feet of comfortable living space with a desirable split-bedroom floorplan providing both privacy and functionality. The refreshed galley kitchen features new granite countertops, crisp white cabinetry and stainless steel appliances. Tile flooring throughout creates a clean, cohesive look, while newer central A/C and a full-size washer and dryer. Both bedrooms are generously sized with great closet space, while the large enclosed balcony offers peaceful views of beautiful Blue Lagoon—the perfect setting to relax, work or unwind—along with additional storage space. Located within a gated community offering a swimming pool and small fitness room and low HOA. This condo enjoys a wonderful location right next to Antonio Maceo Park and Blue Lagoon, where you’ll find a playground for the kiddos and convenient boat ramp access for enjoying life on the water. Centrally located in the heart of Miami, you’re just minutes from Miami International Airport and the 836/Dolphin Expressway, with easy access to Coral Gables, Coconut Grove, Downtown Miami, Brickell, shopping, dining, entertainment and the beaches. Come discover just how much space, comfort and convenience this Miami condo has to offer! Please note: Select furnished images have been virtually staged to showcase the functionality, spacious layout and possibilities of the home. The property is being offered unfurnished.

Virtual tour
What it costs to own
Estimated monthly payment
$2,392/mo
Principal and interest
$1,441
Property tax
$376
Homeowners insurance
$175
HOA
$400

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
$4,511/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$400/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

This building was built in 1973, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.