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$199,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 662 Sq. Ft.
  • Updated 5 days ago
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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!

Full Property Details for 5501 NW 7th St #E412

General

  • Price: $199,000
  • HOA FEE: $318/month
  • Taxes: $3,158 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12017589
  • Updated: 5/12/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s)
  • Appliances: Microwave, Electric Range, Refrigerator
  • Flooring: Ceramic Floor, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level, Primary Bath Tub

Additional Information

  • Shared Amenities: Elevator(s), Exterior Lighting, Pool
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Pool Service, Roof Repairs, Trash Removal
  • Security/Safety: Complex Fenced, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured, TV Camera

Exterior

  • Exterior Features: Courtyard

Parking

  • Parking Features: 1 Space, Guest

Location

  • Area: El Lago Condo
  • County: Miami-Dade County
  • Subdivision: EL LAGO CONDO
  • Building Name: EL LAGO CONDO

School Information

  • Elementary School: Flagler; Henry M.
  • Middle School: Kinlock Park
  • High School: South Miami

Community

  • Community Name: El Lago Condo
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Garden Apartment
  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction, CBS Construction
  • Entry Floor Number: 4
  • Building Size: 662
  • Square Feet: 662
  • Living Area: 662 Sq. Ft.
  • Year Built: 1972

Lot Features

  • Property View: Lake
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake

Financial Considerations

  • Price Per Sq. Ft.: $300.6
  • Association Fee: $318
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,158
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: EL LAGO CONDO UNIT E412 UNDIV .00542% INT IN COMMON ELEMENTS OFF REC 11202-2092 OR 20370-2692 04-2002-1 COC 23413-0130 05 2005 4
  • Restrictions: Ok To Lease
  • Inclusions: Other
  • Property ID: 01-31-31-024-0960

Listed by Real Estate Direct of S. Fla

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— 5501 NW 7th St #E412 —

  • Real Estate Direct of S. Fla

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 5501 NW 7th St #E412 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$199,000
10.56%
MLS
12/05/2023
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5501 NW 7th St #E412

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,158
-5%
$158,000
-5%
2024
$3,318
542%
$165,600
228%
2023
$517
8%
$50,458
6%
2021
$479
-3%
$47,563
-3%
2022
$495
3%
$48,989
4%
2021
$479
8%
$46,907
2%
2019
$445
6%
$45,853
2%
2018
$419
4%
$44,999
2%
2017
$404
2%
$44,074
2%
2016
$397
—
$43,168
1%
2015
$397
—
$42,868
1%
2014
$398
4%
$42,528
1%
2013
$383
—
$41,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Estate Direct of S. Fla

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5501 NW 7th St #E412, Miami, FL 33126 (MLS# A12017589) is a Condo property with 1 bedroom and 1 full bathroom. 5501 NW 7th St #E412 is currently listed for $199,000 and was received on May 12, 2026. Want to learn more about 5501 NW 7th St #E412? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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