$199,000

5501 NW 7th St Unit E412 Miami, FL 33126

Flagami Neighborhood

Estimated payment $1,705/month

Total Views 3,195
1 Bed
1 Bath
662 Sq Ft
$301 Price per Sq Ft

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!

Listing Agent

Idania Brizuela

Real Estate Direct of S. Fla License #3123811 Listed on: 05/12/2026

Map

Property Details

Home Type

Condominium

Year Built

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
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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 $3,158 $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
11/10/2023 11/10/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $200,000 -- $302 / Sq Ft
Source: MIAMI REALTORS® MLS

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: MIAMI REALTORS® MLS

MLS Number: A12017589

MIAMI REALTORS® MLS

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.

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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Listing Agent
Idania Brizuela
Real Estate Direct of S. Fla
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