What is the asking price and what does it include?

The list price for 7407 SW 152nd Ave # 103, Miami FL 33193 is $242,500. The property is a Condominium with 2 bedrooms, 1 bathrooms, approximately 784 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 7407 SW 152nd Ave # 103, Miami FL 33193 in Miami, 33193. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 242,500 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 7407 SW 152nd Ave # 103, Miami FL 33193.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

7407 SW 152nd Ave # 103, Miami FL 33193 | Miami-Dade County

Residential Active

7407 SW 152nd Ave # 103, Miami FL 33193 | Miami-Dade County | A12023173

$242,500

Description

Welcome to Magnolia Lanes Condo! This spacious first-floor 2-bedroom, 1-bathroom unit offers both comfort and convenience in a prime location. Ideally situated near shopping, restaurants, and public transportation, this property provides easy access to everything you need for everyday living.

Address

Open on Google Maps

Address: 152nd Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33193
Area: MAGNOLIA LANE CONDO

Details

Updated on June 2, 2026 at 5:15 pm

Property ID A12023173
Price $242,500
Property Size 784 Square Feet
Bedrooms 2
Bathroom 1
Garage 1
Year Built 1986
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Garden Apartment
AssociationAmenities Pool
AssociationFee 324
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 784
BuildingAreaUnits Square Feet
BuildingName MAGNOLIA LANE CONDO
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-06-02
Cooling Central Air, Electric
CoveredSpaces 1
DaysOnMarket 0
ElementarySchool Ashe; Bowman F.
EntryLevel 1
ExpirationDate 2026-11-19
Flooring Tile
Heating Central, Electric
HighSchool Ferguson John
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-332-8957
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Magnolia Lane Condo
MajorChangeTimestamp June 2, 2026 at 05:01pm
MajorChangeType New
MiddleOrJuniorSchool Curry; Lamar Louise
MlsStatus Active
ModificationTimestamp June 2, 2026 at 08:00pm
OnMarketDate 2026-06-02
OriginalEntryTimestamp June 2, 2026 at 05:01pm
OriginalListPrice 242500
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-49-33-117-0530
ParkingFeatures 1 Space, Guest, Limited # Of Vehicle
PatioAndPorchFeatures Patio
PetsAllowed Restrictions Or Possible Restrictions
PhotosCount 0
Possession Funding
PostalCode 33193
PostalCodePlus4 3229
PriceChangeTimestamp May 21, 2026 at 02:53pm
PublicSurveyRange 49
PublicSurveySection 33
PublicSurveyTownship 49
RoomsTotal 0
SecurityFeatures Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 486740784
StateOrProvince FL
StatusChangeTimestamp June 2, 2026 at 05:01pm
StoriesTotal 2
StreetDirPrefix SW
StreetName 152nd Ave
StreetNumber 7407
StreetNumberNumeric 7407
StructureType Condo 1-4 Stories, Condo
SyndicationRemarks Welcome to Magnolia Lanes Condo! This spacious first-floor 2-bedroom, 1-bathroom unit offers both comfort and convenience in a prime location. Ideally situated near shopping, restaurants, and public transportation, this property provides easy access to everything you need for everyday living.
TaxAnnualAmount 2866
TaxLegalDescription MAGNOLIA LANE CONDO UNIT 103 BLDG 4 UNDIV 784/163540 INT IN COMMON ELEMENTS OFF REC 24674-3657 OR 24142-2082 0106 2 COC 25601-2524 04 2007 1
TaxYear 2025
UnitNumber 4-103
View Garden View
YearBuiltDetails Resale