NOT LISTED FOR SALE

5501 NW 7th St Unit E316 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $187,264 - $203,000

1 Bed
1 Bath
662 Sq Ft
1972 Built

Sale Details

Date Sold: July 11, 2024

Last sale price $185,000 $279 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,586 / mo

12 Days on Market

Highlights

  • Built in 1972 | Newly Remodeled
  • Main Floor Bedroom
  • Tile Flooring
  • Home fronts a lagoon or estuary
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2024

Great opportunity for investors or first-time buyer, to own a centrally located 1 bedroom, 1 bathroom condo. Building is in a gated complex, with pool overlooking Blue Lagoon, and low maintenance fee. Situated just minutes from Miami International Airport, shopping and easily accessible to highways & public transportation. If LA shows property to an unaccompanied Buyer who later purchases the property through another agent, Selling Agent will pay the Listing Broker a referral fee of 35% of gross commission due to Selling Broker. Selling Agent acknowledges & accepts this agreement.

Last Agent to Sell the Property

Romina Arturi

Luxe Properties License #3237110 Listed on: 05/20/2024

Luxe Properties

Last Buyer's Agent

Romina Arturi

Luxe Properties License #3237110 Listed on: 05/20/2024

Luxe Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • Home fronts a lagoon or estuary
  • Security Fence

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0131310241190

Community Details

Overview

  • Association fees include hot water
  • El Lago Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,847

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$242 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1972
  • Entry Level: 3
  • New Construction: Yes
  • DelayedMarketingYN: No
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bedroom on Main Level, None
  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 662.0
  • Stories: 4

Exterior Features

  • Exterior Features: None
  • Pool Features: Association
  • Waterfront Features: Lagoon, None
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Security Fence
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 242.0
  • Pets Allowed: No
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Hot Water

Lot Info

  • Parcel #: 0131310241190
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2847.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 9, 2024
Sold by
Vidal Rodolfo Luis
Bought by
Seller's Agent
Romina Arturi
Luxe Properties
Buyer's Agent
Romina Arturi
Luxe Properties
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
$195,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,816
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Jan 25, 2017
Sold by
Cancio Rosa S
Bought by
Vidal Rodolfo Luis
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Flagami, FL

  • Loriana Mendez Real Estate Agent - Pinnacle Realty of Florida Corp

    Loriana Mendez

    Pinnacle Realty of Florida Corp

    (833) 954-3374

    18 Total Sales

    2 in Flagami

    $500,000 Price Range

    Loriana Mendez
     Section Image
  • Ileana Rodriguez P.A. Real Estate Agent - RE/MAX Advance Realty II

    Ileana Rodriguez P.A.

    RE/MAX Advance Realty II

    (786) 442-1182

    70 Total Sales

    2 in Flagami

    $520K - $645K Price Range

    Ileana Rodriguez P.A.
     Section Image
  • Margarita Mestre Real Estate Agent - Portfolio Real Estate Group, Inc

    Margarita Mestre

    Portfolio Real Estate Group, Inc

    (786) 460-7691

    16 Total Sales

    2 in Flagami

    $190,000 Price Range

    Margarita Mestre
     Section Image
  • Alejandro Vidal Real Estate Agent - Premium Estates Realty Corp

    Alejandro Vidal

    Premium Estates Realty Corp

    (786) 526-0151

    53 Total Sales

    4 in Flagami

    $185K - $250K Price Range

    Alejandro Vidal
     Section Image
  • Rolando Garcia Real Estate Agent - Florida Capital Realty

    Rolando Garcia

    Florida Capital Realty

    (786) 321-7989

    39 Total Sales

    2 in Flagami

    $225,000 Price Range

    Rolando Garcia
     Section Image
  • Edwin Vega Real Estate Agent - Edwin Vega Realty LLC

    Edwin Vega

    Edwin Vega Realty LLC

    (786) 933-8493

    39 Total Sales

    2 in Flagami

    $1K - $600K Price Range

    Edwin Vega
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 Precision Home Title
Vidal Rodolfo Luis $115,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $128,000
Previous Owner Cancio Rosa S $35,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $185,000 -2.6% $279 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $190,000 -- $287 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,158 $158,000
2024 $2,847 $150,302
2023 $2,847 $136,639 $0 $0
2022 $2,565 $124,218 $0 $0
2021 $2,411 $112,926 $0 $0
2020 $2,240 $110,127 $0 $0
2019 $1,992 $93,328 $0 $0
2018 $1,955 $93,328 $0 $0
2017 $1,513 $60,641 $0 $0
2016 $1,346 $55,129 $0 $0
2015 $1,139 $50,118 $0 $0
2014 $1,083 $45,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Romina Arturi Real Estate Agent - Luxe Properties

    Seller's Agent in 2024

    Romina Arturi

    Luxe Properties

    (786) 361-9152

    1 in this area

    13 Total Sales

    Romina Arturi
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11591445

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3131-024-1190

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E316, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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