NOT LISTED FOR SALE

5501 NW 7th St Unit E109 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $259,000 - $370,000

2 Beds
2 Baths
980 Sq Ft
1972 Built

Last Sold October 19, 2023

Last sale price $275,000 $281 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,691/month

About This Home

As of February 2025

Explore the ideal combination of comfort and convenience 2-bedroom, 2-bathroom unit, complete with a spacious walk-in closet. Situated within a gated community with laundry amenities, this unit provides reassurance with an assigned parking spot, as well as additional visitor parking for your guests., this apartment is just minutes from Miami International Airport, major expressways, top-rated restaurants, and excellent schools, making it an ideal choice for those seeking both accessibility and tranquility. Ready to move in? Rent this unit now.

Last Agent to Rent the Property

Fabian Radoslovich

Optimar International Realty License #3283781 Listed on: 12/30/2024

Optimar International Realty

Last Renter's Agent

Gladys Colon

Fortune Christie's International Real Estate License #0604729

Fortune Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Parking

  • 1 Car Garage

Home Design

  • 980 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Property Available on 12/30/24
  • Assessor Parcel Number 01-31-31-024-0690

Community Details

Overview

  • No Home Owners Association
  • El Lago Condo
  • El Lago Condo Subdivision
  • 6-Story Property

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-12-30

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: EL LAGO CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 980
  • Stories: 6

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL LAGO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-31-024-0690
  • Land Lease Amount Frequency: Annually
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 19, 2023
Sold by
Rodriguez Pedro A and Rodriguez Miriam C
Bought by
Grupo Par Llc
Seller's Agent
Jose Valiente
EXP Realty LLC
Buyer's Agent
Cristina Lopez
Optimar International Realty
List Price
$305,000
Sold Price
$275,000
Premium/Discount to List
-$30,000
-9.84%
Views
93
Current Estimated Value
$261,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,912
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Ulecia Alejandro A and Ulecia Francisco A
Bought by
Rodriguez Pedro A and Rodriguez Miriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
9.23%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1993
Sold by
J E V Group Inc
Bought by
Ulecia Alejandro A and Ulecia Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grupo Par Llc $275,000 None Listed On Document
Rodriguez Pedro A $50,500 --
Ulecia Alejandro A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Pedro A $44,500
Previous Owner Ulecia Alejandro A $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Rented $2,350 0.0% --
01/27/2025 01/27/25 Under Contract -- -- --
01/10/2025 01/10/25 Price Changed $2,350 +2.2% $2 / Sq Ft
01/08/2025 01/08/25 Price Changed $2,300 -6.1% $2 / Sq Ft
12/30/2024 12/30/24 For Rent $2,450 0.0% --
10/19/2023 10/19/23 Sold $275,000 -7.1% $281 / Sq Ft View Prior Sale
09/01/2023 09/01/23 Pending -- -- --
08/26/2023 08/26/23 Price Changed $296,000 -3.0% $302 / Sq Ft
08/11/2023 08/11/23 For Sale $305,000 -- $311 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,998 $205,000 -- --
2024 $606 $199,592 -- --
2023 $606 $63,805 $0 $0
2022 $594 $61,947 $0 $0
2021 $602 $60,143 $0 $0
2020 $599 $59,313 $0 $0
2019 $591 $57,980 $0 $0
2018 $570 $56,899 $0 $0
2017 $570 $55,729 $0 $0
2016 $579 $54,583 $0 $0
2015 $588 $54,204 $0 $0
2014 $597 $53,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11715604

MIAMI REALTORS® MLS

APN: 01-3131-024-0690

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