RENTED FEB 28, 2026

5501 NW 7th St Unit E302 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $255,000 - $272,000

2 Beds
2 Baths
852 Sq Ft
1972 Built

Last Sold May 03, 2016

Last sale price $160,000 $188 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,650/month

Highlights

  • Outdoor Pool
  • Elevator
  • Walk-In Closet
  • No HOA
  • High Impact Windows
  • Energy-Efficient Appliances

About This Home

As of February 2026

Enjoy breathtaking lake views from this renovated residence, featuring brand-new appliances and a thoughtfully designed layout with 2 spacious bedrooms and 2 full bathrooms. The property is ideally and centrally located—just 5 minutes from Miami International Airport. This move-in-ready home offers a modern imported European-style kitchen with high-end finishes that enhance both the aesthetics and functionality of the space. Comfort, convenience, and style come together in one place. Don’t miss the opportunity to own this turnkey property in one of Miami’s most desirable and well-connected areas.

Last Agent to Rent the Property

Raimundo Chang

Florida Realty of Miami Corp License #3174424 Listed on: 01/01/2026

Florida Realty of Miami Corp

Last Renter's Agent

Magda Flores

The Keyes Company License #3398651

The Keyes Company

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • North Facing Home
  • Fenced

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor

Interior Spaces

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

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
  • Outdoor Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/1/26
  • Assessor Parcel Number 01-31-31-024-0150

Community Details

Overview

  • No Home Owners Association
  • El Lago Condo
  • El Lago Condo Subdivision
  • The community has rules related to no trucks or trailers

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

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

Condo Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Rental Info

  • Pets Allowed: No
  • Available Date: 2026-01-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: EL LAGO CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • LastStatus: Pending
  • CurrentPrice: 2100
  • InternetRemarks: .
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 0

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
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: None

Exterior Features

  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Pool Features: Community
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL LAGO CONDO
  • Parking Features: 1 Space, Additional Spaces Available, 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)
  • Association: No

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
  • Land Lease Amount Frequency: Monthly

Green Features

  • Efficiency: Appliances

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 3, 2016
Sold by
Migliori Alberto
Bought by
Rojas Ramon Torres
Seller's Agent
Midahurys Migliori
Prestige Global Realty
Buyer's Agent
Midahurys Migliori
Prestige Global Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$265,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,577
Avg. Annual Appreciation
5.28%
Original Mortgage
$120,000
Outstanding Balance
$95,310
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$170,267

Purchase Details

Closed on
Nov 4, 2015
Sold by
Villiers Raul
Bought by
Migliori Alberto
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
Rojas Ramon Torres $160,000 Bright Title Services Llc
Migliori Alberto -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Ramon Torres $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2026 02/28/26 Rented $2,100 0.0% --
02/04/2026 02/04/26 Under Contract -- -- --
01/29/2026 01/29/26 Price Changed $2,100 -6.7% $2 / Sq Ft
01/01/2026 01/01/26 For Rent $2,250 -10.0% --
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

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

Agents Affiliated with this Home

  • Raimundo Chang

    Landlord's Agent in 2026

    Raimundo Chang

    Florida Realty of Miami

    (786) 925-1808

    11 Total Sales

    Raimundo Chang
    Section Image

  • M

    Tenant's Agent in 2026

    Magda Flores

    The Keyes Company

    (305) 408-8401

    1 Total Sale

    Magda Flores
    Section Image
  • George Faehnle

    Seller's Agent in 2022

    George Faehnle

    Beachfront Realty Inc

    (786) 423-9894

    14 Total Sales

    George Faehnle
    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Arnesen

    Jonathan Solomon Realty

    1 Total Sale

    Jessica Arnesen
    Section Image

  • M

    Buyer's Agent in 2020

    Michelle Delgado

    Vice Ventures, Inc.

    (786) 666-0596

    7 Total Sales

    Michelle Delgado
    Section Image

  • M

    Seller's Agent in 2016

    Midahurys Migliori

    Prestige Global Realty

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11936165

MIAMI REALTORS® MLS

APN: 01-3131-024-0150

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E302, Miami, FL

Not Listed for Sale

Condos

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