4705 NW 7th St APT 110-7, Miami, FL, 33126
About This Home
Great opportunity to own a lakefront 1-bedroom, 1-bath condo in a highly central Miami location. This unit offers beautiful lake views, a functional layout, and excellent potential for an end-user or investor looking to add value. Property needs some TLC, making it a great opportunity to renovate to your taste or improve rental return. Located minutes from Miami International Airport, major highways, Coral Gables, Downtown Miami, and the new Inter Miami soccer stadium area. Strong rental demand corridor with nearby 1-bedroom rentals around $2,000/month. Priced with condition in mind.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Construction materials: Concrete Block Construction
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
- Laundry features: Washer/Dryer Hook-Up
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Elevator
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 709
- Total interior livable area: 709 sqft
Property
Details
- Parcel number: 0131310180100
- Attached to another structure: Yes
Features
- Entry location: First Floor Entry
- Pool features: Association
- Exterior features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Parking
- Parking features: 1 Space
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $986 | $11,832 |
| Home Insurance * | $50 | $600 |
| Property Taxes | $43 | $516 |
| Electricity | $197 | $2,366 |
| Total | $1,276 | $15,312 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $195,000 |
| 1997-02-18 | Sold | $40,000 |
View on Zillow