What is the asking price and what does it include?

The list price for 5201 NW 7th St # 105, Miami FL 33126 is $193,000. The property is a Condominium with 1 bedrooms, 1 bathrooms, approximately 756 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 5201 NW 7th St # 105, Miami FL 33126 in Miami, 33126. 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 193,000 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 5201 NW 7th St # 105, Miami FL 33126.

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.

5201 NW 7th St # 105, Miami FL 33126 | Miami-Dade County

Residential Active

5201 NW 7th St # 105, Miami FL 33126 | Miami-Dade County | A12027713

$193,000

Description

Welcome to El Cid Condo — a bright and spacious 1-bedroom, 1-bath residence ideally located in the heart of Coral Gables / West Miami. This move-in ready condo offers a functional layout with plenty of natural light, tiled floors throughout, and an airy living/dining area that flows effortlessly to the bedroom and bathroom. Enjoy every day a sparkling pool and social spaces, perfect for relaxing or entertaining guests. The well-appointed kitchen and generous bedroom provide comfort and versatility, ideal for first-time buyers, investors, or those seeking a South Florida lifestyle. Situated just minutes from Miracle Mile, Sunset Place, Downtown Coral Gables, and one of South Florida’s best dining and entertainment corridors, this location offers an outstanding walkability score with an abundance of cafés, restaurants, shops, and services within walking distance. Quick access to major highways, public transit, grocery stores, and cultural hotspots makes this home truly unbeatable for convenient city living. Experience the best of Florida living with vibrant, walkable, and full of lifestyle amenities!

Address

Open on Google Maps

Address: 7th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33126
Area: EL CID CONDO

Details

Updated on June 3, 2026 at 3:26 pm

Property ID A12027713
Price $193,000
Property Size 756 Square Feet
Bedroom 1
Bathroom 1
Garage 1
Year Built 1972
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Clubhouse-Clubroom, Laundry, Elevator(s), Exterior Lighting, Pool
AssociationFee 349
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 756
BuildingAreaUnits Square Feet
BuildingName EL CID CONDO
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-06-03
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 0
DirectionFaces West
ElementarySchool Flagler; Henry M.
EntryLevel 1
ExpirationDate 2026-12-03
Fencing Fenced
Flooring Tile
Heating Central
HighSchool South Miami
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 561-849-0921
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor El Cid Condo
MajorChangeTimestamp June 3, 2026 at 03:07pm
MajorChangeType New
MiddleOrJuniorSchool Kinlock Park
MlsStatus Active
ModificationTimestamp June 3, 2026 at 03:08pm
NumberOfUnitsInCommunity 105
NumberOfUnitsTotal 105
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 3, 2026 at 03:07pm
OriginalListPrice 193000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-31-022-1010
ParkingFeatures 1 Space
PatioAndPorchFeatures Open Balcony
PhotosCount 0
Possession Funding
PostalCode 33126
PostalCodePlus4 3310
PriceChangeTimestamp May 29, 2026 at 08:37pm
PublicSurveyRange 31
PublicSurveySection 31
PublicSurveyTownship 31
RoomsTotal 0
SecurityFeatures Smoke Detector, Complex Fenced, Secured Garage/Parking, TV Camera
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 500249146
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 03:07pm
StoriesTotal 6
StreetDirPrefix NW
StreetName 7th St
StreetNumber 5201
StreetNumberNumeric 5201
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Welcome to El Cid Condo — a bright and spacious 1-bedroom, 1-bath residence ideally located in the heart of Coral Gables / West Miami. This move-in ready condo offers a functional layout with plenty of natural light, tiled floors throughout, and an airy living/dining area that flows effortlessly to the bedroom and bathroom. Enjoy every day a sparkling pool and social spaces, perfect for relaxing or entertaining guests. The well-appointed kitchen and generous bedroom provide comfort and versatility, ideal for first-time buyers, investors, or those seeking a South Florida lifestyle. Situated just minutes from Miracle Mile, Sunset Place, Downtown Coral Gables, and one of South Florida’s best dining and entertainment corridors, this location offers an outstanding walkability score with an abundance of cafés, restaurants, shops, and services within walking distance. Quick access to major highways, public transit, grocery stores, and cultural hotspots makes this home truly unbeatable for convenient city living. Experience the best of Florida living with vibrant, walkable, and full of lifestyle amenities!
TaxAnnualAmount 3503
TaxLegalDescription EL CID CONDO UNIT 105 - WEST BLDG UNDIV .45224% INT IN COMMON ELEMENTS PROB 03-4776 05/26/04 COC 22537-1736 07 2004 1
TaxYear 2025
UnitNumber 105
View Garden View, Other View
YearBuiltDetails Effective Year Built