$183,000 - $202,000
RENTED SEP 5, 2024

5501 NW 7th St Unit E204 Miami, FL 33126

Flagami Neighborhood
1 Bed
1 Bath
662 Sq Ft
1972 Built

Last Sold August 12, 2024

Last sale price $189,000 $285 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,066/month

Highlights

  • Building Security
  • Gated Community
  • Waterfront
  • Above Ground Pool
  • Lagoon View
  • No HOA

About This Home

As of September 2024

Explore the ideal combination of comfort and convenience in this well-maintained 1-bedroom, 1-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.
Ideally situated, 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

Paula Di Mauro

Urban Key Realty Corp License #3286729 Listed on: 08/13/2024

Last Renter's Agent

Paula Di Mauro

Urban Key Realty Corp License #3286729 Listed on: 08/13/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $152

Year Built

  • Built in 1972

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 662 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Lagoon Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Schools

  • Flagler; Henry M. Elementary School
  • Kinlock Park Middle School
  • South Miami High School

Additional Features

  • Above Ground Pool
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/13/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-31-31-024-0300

Community Details

Overview

  • No Home Owners Association
  • El Lago Condo
  • El Lago Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Building Security
  • Gated Community
  • Complex Is Fenced
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$152

Year Built

Built in 1972

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-08-13
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Directions: Please use GPS
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: EL LAGO CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 662
  • Stories: 4
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Other

Exterior Features

  • Roof: Other
  • View: Lagoon
  • Pool Features: Above Ground, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: EL LAGO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Guest, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Building Security, Complex Fenced

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Laundry Facility, Other
  • Association: No
  • Community Features: Pool, Gated Community, Laundry Facilities

Schools

  • Elementary School: Flagler; Henry M.
  • High School: South Miami
  • Middle Or Junior School: Kinlock Park

Lot Info

  • Parcel Number: 01-31-31-024-0300
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Aug 12, 2024
Sold by
Diaz Iris M
Bought by
Elvimg Llc
Seller's Agent
Paula Di Mauro
Urban Key Realty Corp
Buyer's Agent
Paula Di Mauro
Urban Key Realty Corp
Sold Price
$1,800
Views
2
Current Estimated Value
$193,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,327
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Martinez Hector
Bought by
Martinez Hector and Diaz Iris M

Purchase Details

Closed on
Jun 14, 2004
Sold by
Santana Conrad E and Santana Elizabeth
Bought by
Santana Conrad E and Santana Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Elvimg Llc $190,000 Cfp Title & Escrow Inc
Martinez Hector -- Attorney
Santana Conrad E $10,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santana Conrad E $39,500
Previous Owner Santana Conrad E $24,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Rented $1,800 0.0% --
08/19/2024 08/19/24 Under Contract -- -- --
08/13/2024 08/13/24 For Rent $1,800 0.0% --
08/12/2024 08/12/24 Sold $189,000 -0.5% $285 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $190,000 0.0% $287 / Sq Ft
01/28/2021 01/28/21 Rented $1,175 0.0% --
01/15/2021 01/15/21 Under Contract -- -- --
11/27/2020 11/27/20 For Rent $1,175 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $152 $158,000 -- --
2024 $144 $50,731 -- --
2023 $144 $49,254 $0 $0
2022 $164 $47,820 $0 $0
2021 $163 $46,428 $0 $0
2020 $160 $45,787 $0 $0
2019 $153 $44,758 $0 $0
2018 $138 $43,924 $0 $0
2017 $137 $43,021 $0 $0
2016 $136 $42,137 $0 $0
2015 $139 $41,845 $0 $0
2014 $142 $41,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11638305

MIAMI REALTORS® MLS

APN: 01-3131-024-0300