$259,000
$6K PRICE DROP

5501 NW 7th St Unit E301 Miami, FL 33126

Flagami Neighborhood

Estimated payment $2,173/month

Total Views 5,306
2 Beds
2 Baths
852 Sq Ft
$304 Price per Sq Ft

Highlights

  • Elevator
  • Cooling Available
  • 1 Car Garage
  • Balcony
  • Ceramic Tile Flooring
  • Heating Available

About This Home

A fantastic opportunity close to Miami International Airport. This apartment, consisting of 2 bedrooms and 2 bathrooms, offers comfort and convenience in a prime location. This property is ideal for both owners and investors, with the flexibility to rent. The vibrant neighborhood offers a variety of options for dining, shopping, and entertainment. High rental demand in the area, excellent investment.

Last Listed By

Fabian Radoslovich

Optimar International Realty License #3283781 Listed on: 06/05/2025

Optimar International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1972

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 852 Sq Ft Home
  • Ceramic Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-0070

Community Details

Overview

  • El Lago. Condo
  • El Lago Condo Subdivision
  • 5-Story Property

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,432

Year Built

Built in 1972

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: EL LAGO CONDO
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Living Area: 852
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: None, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • 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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 440
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-024-0070

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3432

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,029 $160,212 -- --
2023 $3,029 $145,648 $0 $0
2022 $2,730 $132,408 $0 $0
2021 $2,581 $121,475 $0 $0
2020 $2,587 $121,475 $0 $0
2019 $2,357 $110,432 $0 $0
2018 $1,957 $110,432 $0 $0
2017 $1,873 $77,597 $0 $0
2016 $1,681 $70,543 $0 $0
2015 $1,426 $64,130 $0 $0
2014 $1,412 $62,260 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $265,000 0.0% $311 / Sq Ft
06/14/2022 06/14/22 Rented $2,200 0.0% --
05/28/2022 05/28/22 Under Contract -- -- --
05/23/2022 05/23/22 For Rent $2,200 0.0% --
05/06/2022 05/06/22 Rented $2,200 0.0% --
04/11/2022 04/11/22 Under Contract -- -- --
04/07/2022 04/07/22 For Rent $2,200 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 Attorney
Interfamily Deed Transfer $45,000 Attorney
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $93,400 New Conventional
Previous Owner $98,000 Unknown
Previous Owner $43,450 FHA
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11816864

MIAMI REALTORS® MLS

APN: 01-3131-024-0070