$275,000

5501 NW 7th St Unit E302 Miami, FL 33126

Flagami Neighborhood

Estimated payment $1,756/month

2 Beds
2 Baths
852 Sq Ft
$323 Price per Sq Ft

Highlights

  • Lake View
  • Elevator
  • Walk-In Closet
  • Community Pool
  • High Impact Windows
  • Energy-Efficient Appliances

About This Home

Experience breathtaking lake views from this beautifully updated residence featuring brand-new appliances and a thoughtfully designed layout with 2 spacious bedrooms and 2 full bathrooms. This property offers a prime, central location—just 5 minutes from Miami International Airport—making it exceptionally convenient both for end-users and investors seeking an ideal Airbnb-friendly option. The home is move-in ready and showcases a modern, European-imported kitchen with high-quality finishes that elevate the overall aesthetic and functionality of the space. Enjoy comfort, convenience, and style all in one place. Don’t miss the opportunity to own this turnkey property in one of Miami’s most desirable and connected locations.

Listing Agent

Raimundo Chang

Florida Realty of Miami Corp License #3174424 Listed on: 11/21/2025

Florida Realty of Miami Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1972

Lot Details

  • North Facing Home
  • Fenced

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 852 Sq Ft Home
  • Property has 1 Level
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Schools

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

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-0150

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • El Lago Condo
  • El Lago Condo Subdivision
  • The community has rules related to no trucks or trailers

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector

Additional Features

  • Elevator
  • Maintenance Expense $453

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,647

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: EL LAGO CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 275000
  • InternetRemarks: .
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 852
  • Stories: 4
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: None

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL LAGO CONDO
  • Parking Features: 2 Or More Spaces, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 01-31-31-024-0150

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3647

Multi Family

  • Maintenance Expense: 453

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $3,432 $176,233 -- --
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 $1,469 $110,432 $0 $0
2018 $1,434 $110,432 $0 $0
2017 $1,455 $110,432 $0 $0
2016 $1,960 $89,782 $0 $0
2015 $563 $50,961 $0 $0
2014 $571 $50,557 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $275,000 0.0% $323 / Sq Ft
12/09/2022 12/09/22 Rented $2,500 0.0% --
11/27/2022 11/27/22 Under Contract -- -- --
11/02/2022 11/02/22 Price Changed $2,500 -3.8% $3 / Sq Ft
10/23/2022 10/23/22 For Rent $2,600 +73.3% --
06/05/2020 06/05/20 Rented $1,500 0.0% --
04/01/2020 04/01/20 For Rent $1,500 0.0% --
03/05/2019 03/05/19 Rented $1,500 0.0% --
02/25/2019 02/25/19 For Rent $1,500 0.0% --
05/03/2016 05/03/16 Sold $160,000 -3.0% $188 / Sq Ft View Prior Sale
04/28/2016 04/28/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $165,000 -- $194 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Bright Title Services Llc
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11918153

MIAMI REALTORS® MLS

APN: 01-3131-024-0150

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E302, Miami, FL

For Sale

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Raimundo Chang
Listing Agent
Raimundo Chang
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Florida Realty of Miami Corp
(786) 250-6850