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$230,000
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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
- Sold For: $230,000
- HOA FEE: $455/month
- Taxes: $3,469 (2026)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: F10555531
- Added to Site: 93 day(s) ago
Interior
- Interior Features: Built-in Features, None, Walk-In Closet(s)
- Appliances: Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, 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, 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
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Block
- Entry Floor Number: 3
- Stories/Levels: 4
- Square Feet: 852
- Living Area: 852 Sq. Ft.
- Year Built: 1972
- Property Condition: Resale
Lot Features
- Property View: Other
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $455
- Assoc Fee Freq.: Monthly
- 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: 131310240030
Listed and Sold 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 ATTOM Data Solutions 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
5/22/2026
Sold
$230,000
—
MLS
4/01/2026
Price Reduced
$230,000
-6.12%
MLS
3/01/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5505 NW 7th Street #W301, Miami, FL 33126 (MLS# F10555531) is a Condo property that was sold at $230,000 on May 22, 2026. Want to learn more about 5505 NW 7th Street #W301? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

