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$245,000 Just Listed
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Property Description
Investors Dream. Prime location Real Estate investment, right next to Miami International Airport and the Blue Lagoon office park. This bright and spacious 2/2 corner unit, is located in the highly desirable El Lago waterfront community. Already Rented for $2,300 per month, on a Month-to-Month basis. HOA is $455.35 per month, with No upcoming special Assessments for your peace of mind. New owners are allowed to Rent right away. The unit has been meticulously maintained, and it is 100% ready for its new owner to Close, sit back and immediately begin to collect Rent. This property is one of 6 in a very attractive portfolio, if you'd like more information, please contact us to schedule a Showing right away.
Full Property Details
Full Property Details for 5505 NW 7th St #W301
General
- Price: $245,000
- HOA FEE: $455/month
- Taxes: $3,469 (2026)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: F10555531
- Updated: 3/2/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, None, Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Dryer, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Trash Compactor, Water Heater, Water Purifier, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Maintenance Grounds, Pool
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated Community, Smoke Detector(s), Security Fence
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Porch, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- County: Miami-Dade
- Subdivision: El Lago Condo
School Information
- Elementary School: Henry M. Flagler
- Middle School: Kinloch Park
- High School: South Miami
Community
- Community Name: 2310
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Block
- Stories/Levels: 4
- Square Feet: 852
- Living Area: 852 Sq. Ft.
- Year Built: 1972
- Property Condition: Resale
Lot Features
- Property View: Other
- Land Lease Avail: Yes
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $455
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $455
- Pet Deposit: $150
- Tax Amount: $3,469
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: EL LAGO CONDO UNIT W301 UNDIV .00809% INT IN COMMON ELEMENTS OFF REC 11202-2092 OR 11993-2352 1283 1
- Property ID: 01-31-31-024-0030
Listed by La Rosa Realty Beaches LLC
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Schools
Schools serving 5505 NW 7th St #W301
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Henry M. Flagler Elementary School 5222 Northwest 1st Street, Miami, FL 33126 | PK-5 | 0.5 mi |
Kinloch Park Middle School 4340 Northwest 3rd Street, Miami, FL 33126 | 6-8 | 1.1 mi |
South Miami Senior High School 6856 Southwest 53rd Street, Miami, FL 33155 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5505 NW 7th St #W301
Date
Details
Price
Change
Source
3/01/2026
Listed
$245,000
29.63%
MLS
7/13/2021
Sold
$189,000
—
Public Record
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
Tax History for 5505 NW 7th St #W301
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,614
5%
$190,000
-2%
2024
$3,432
13%
$193,906
28%
2023
$3,029
11%
$150,900
14%
2022
$2,730
6%
$132,408
9%
2021
$2,581
10%
$121,475
10%
2019
$2,357
2%
$110,432
—
2018
$2,313
-1%
$110,432
—
2017
$2,339
39%
$110,432
57%
2016
$1,681
18%
$70,543
10%
2015
$1,426
10%
$64,130
17%
2014
$1,302
15%
$54,791
10%
2013
$1,128
—
$49,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5505 NW 7th St #W301
5505 NW 7th Street #W301, Miami, FL 33126 (MLS# F10555531) is a Condo property with 2 bedrooms and 2 full bathrooms. 5505 NW 7th Street #W301 is currently listed for $245,000 and was received on March 01, 2026. Want to learn more about 5505 NW 7th Street #W301? 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.

