NOT LISTED FOR SALE

5501 NW 7th St Unit E318 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $228,000 - $255,000

2 Beds
2 Baths
882 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2024

Last sale price $270,000 $306 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,694 / mo

Highlights

  • In Ground Pool
  • No HOA
  • Concrete Block With Brick
  • Gated Community
  • High Impact Door
  • Closet Cabinetry

About This Home

As of February 2025

Experience the best of Miami living in this charming two-bedroom apartment, blending modern convenience with urban style. Spacious and bright, it features tile floors and is just minutes from Miami International Airport, Coral Gables, and Downtown. Walk to restaurants and shopping, with water included.

Last Agent to Rent the Property

Yaneisis Carretero Seoane

London Foster Realty License #3508298 Listed on: 11/26/2024

London Foster Realty

Last Renter's Agent

Yaneisis Carretero Seoane

London Foster Realty License #3508298 Listed on: 11/26/2024

London Foster Realty

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block With Brick
  • Concrete Roof

Interior Spaces

  • 882 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • High Impact Door
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Lighting

Listing and Financial Details

  • Property Available on 11/26/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-31-31-024-1350

Community Details

Overview

  • No Home Owners Association
  • El Lago Condo
  • El Lago Condo Subdivision
  • Maintained Community
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Complex Is Fenced

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-11-26
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1972
  • Property Sub Type: Apartment
  • Directions: GPS
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Apartments-Annual, Apartment
  • Subdivision Name: EL LAGO CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Third Floor Entry, Closet Cabinetry, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 882
  • Other Equipment: Elevator
  • Stories: 4
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Concrete
  • View: Other
  • Exterior Features: Lighting
  • Construction Type: Concrete Block With Brick
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL LAGO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Complex Fenced

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Laundry Facility
  • Association: No
  • Community Features: Lawn/Pool Maintenance, Pool, Gated Community, Laundry Facilities, Paved Road, Street Lights

Lot Info

  • Parcel Number: 01-31-31-024-1350
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Lighting

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
Sep 30, 2024
Closed on
Nov 18, 2024
Sold by
Palazuelos Ivis and Cordoba Arlen
Bought by
Seller's Agent
Armantina Habibe
Keller Williams Realty International Lifestyles
Buyer's Agent
Yaneisis Carretero Seoane
London Foster Realty
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$247,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,293
Avg. Annual Appreciation
-4.62%

Purchase Details

Closed on
Feb 3, 2020
Sold by
Palazuelos Ivis
Bought by
Palazuelos Ivis and Cordoba Arlen
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

  • Matilde Aguirre Real Estate Agent - RE/MAX United Realty

    Matilde Aguirre

    RE/MAX United Realty

    (786) 741-7519

    23 Total Sales

    1 in Flagami

    $620,000 Price

    Matilde Aguirre
     Section Image
  • Jesus Pazmino Real Estate Agent - LoKation

    Jesus Pazmino

    LoKation

    (656) 228-3969

    22 Total Sales

    1 in Flagami

    $567,400 Price

    Jesus Pazmino
     Section Image
  • Cyril Bijaoui Real Estate Agent - The Corcoran Group

    Cyril Bijaoui

    The Corcoran Group

    (786) 485-1158

    52 Total Sales

    2 in Flagami

    $2,200,000 Price Range

    Cyril Bijaoui
     Section Image
  • Sergio Martins Real Estate Agent - Compass Florida, LLC

    Sergio Martins

    Compass Florida, LLC

    (786) 937-0934

    93 Total Sales

    2 in Flagami

    $480,000 Price Range

    Sergio Martins
     Section Image
  • Carlos Rivero Real Estate Agent - RE/MAX Advance Realty II

    Carlos Rivero

    RE/MAX Advance Realty II

    (786) 983-8148

    104 Total Sales

    2 in Flagami

    $433K - $515K Price Range

    Carlos Rivero
     Section Image
  • Mariana Cabrera Real Estate Agent - Miami Beach Real Estate Group

    Mariana Cabrera

    Miami Beach Real Estate Group

    (877) 760-3458

    63 Total Sales

    1 in Flagami

    $300,000 Price

    Mariana Cabrera
     Section Image
See All Agents

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 Prior Sale
02/01/2025 02/01/25 Rented $2,150 0.0% --
01/23/2025 01/23/25 Under Contract -- -- --
01/16/2025 01/16/25 Price Changed $2,150 -6.5% $2 / Sq Ft
11/26/2024 11/26/24 For Rent $2,300 0.0% --
11/18/2024 11/18/24 Sold $270,000 -6.9% $306 / Sq Ft View Prior Sale
10/24/2024 10/24/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $290,000 -- $329 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,838 $192,000
2024 $1,838 $193,788
2023 $1,838 $131,283 $0 $0
2022 $1,762 $127,460 $0 $0
2021 $1,742 $123,748 $0 $0
2020 $2,283 $123,748 $0 $0
2019 $2,080 $112,498 $0 $0
2018 $1,919 $112,498 $0 $0
2017 $1,841 $74,287 $0 $0
2016 $1,649 $67,534 $0 $0
2015 $1,395 $61,395 $0 $0
2014 $1,327 $55,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • YC

    Landlord's Agent in 2025

    Yaneisis Carretero Seoane

    London Foster Realty

    (305) 514-0100

    3 in this area

    8 Total Sales

    Yaneisis Carretero Seoane
    Section Image

  • AH

    Seller's Agent in 2024

    Armantina Habibe

    Keller Williams Realty International Lifestyles

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11700061

MIAMI REALTORS® MLS

APN: 01-3131-024-1350

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E318, 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.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.