$199,000

5501 NW 7th St Unit E412 Miami, FL 33126

Flagami Neighborhood

Estimated payment $1,677/month

Total Views 2,266
1 Bed
1 Bath
662 Sq Ft
$301 Price per Sq Ft

Highlights

  • Lake Front
  • Outdoor Living Area
  • Detached Garage
  • Main Floor Bedroom
  • Community Pool
  • Soaking Tub

About This Home

Excellent investment opportunity in the heart of Miami! Beautiful 4th-floor condo located in the desirable El Lago Condominium community. This unit offers a convenient layout with plenty of natural light and a prime location just minutes from Miami International Airport, major highways, shopping centers, restaurants, and entertainment. Enjoy peaceful lake views and easy access to everything Miami has to offer. Ideal for homeowners or investors. Great central location with strong rental potential. Don’t miss this opportunity!

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1972

Lot Details

  • Lake Front
  • Security Fence

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 662 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Parking

  • Detached Garage
  • 1 Open Parking Space
  • Guest Parking

Outdoor Features

  • Courtyard
  • Outdoor Living Area
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0131310240960

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pool(s), roof, trash
  • El Lago Condo Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,158

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$318 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1972
  • Entry Level: 4
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Bathtub, Soaking Tub, Walk-In Closet(s)
  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Tile
  • Living Area: 662.0
  • Stories: 4

Exterior Features

  • Exterior Features: Courtyard, Lighting, Outdoor Living Area
  • View: Lake
  • Fencing: Fenced
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Open Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached, Garage, Guest

Utilities

  • Security: Security System, Closed Circuit Camera(s), Elevator Secured, Fire Alarm, Key Card Entry, Security Fence
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 318.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Maintenance Grounds, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pool(s), Roof, Trash

Schools

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

Lot Info

  • Parcel #: 0131310240960
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3158.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $3,318 $158,000
2024 $517 $165,600
2023 $517 $50,458 $0 $0
2022 $495 $48,989 $0 $0
2021 $479 $47,563 $0 $0
2020 $467 $46,907 $0 $0
2019 $445 $45,853 $0 $0
2018 $419 $44,999 $0 $0
2017 $404 $44,074 $0 $0
2016 $397 $43,168 $0 $0
2015 $397 $42,868 $0 $0
2014 $398 $42,528 $0 $0
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 Prior Sale
05/12/2026 05/12/26 For Sale $199,000 +10.6% $301 / Sq Ft
12/07/2023 12/07/23 Sold $180,000 -10.0% $272 / Sq Ft View Prior Sale
11/13/2023 11/13/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $200,000 -- $302 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 Type Sale Price Title Company
Warranty Deed $180,000 Gables Title
Quit Claim Deed -- Fidelis Law Pa
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Statewide Title Corp
Warranty Deed $66,500 --
Quit Claim Deed $100 --
Deed $50,000 --
Warranty Deed $45,000 --
Quit Claim Deed -- --
Warranty Deed $33,300 --
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 Loan Amount Loan Type
Previous Owner $113,250 Unknown
Previous Owner $94,500 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A12017589

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3131-024-0960

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E412, 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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