Condominium

5501 NW 7th St # E412

5501 NW 7th St # E412, Miami FL 33126

$199,000

For Sale

1 Bed · 1 Bath · 662 SqFt

See estimated monthly cost

This listing is courtesy of Real Estate Direct of S. Fla. Idania Brizuela

Overview

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!

Facts & features

Interior

Living area (sq ft)
662
Full bathrooms
1
  • Walk-In Closet(s)

Building & exterior

Year built
1972
Waterfront
Yes
  • Lake
  • Courtyard
  • 1 Space
  • Guest

HOA (homeowners association)

Association fee
$318 per month
Pets allowed
Yes
  • Elevator(s)
  • Exterior Lighting
  • Pool
  • Ok To Lease
  • Maximum 20 Lbs

Taxes

Annual tax
$3,158
Tax year
2025
Parcel number
01-31-31-024-0960

Assigned schools

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

Listing

MLS number
A12017589
Property type
Condominium
Price per SqFt
$301
Subdivision
EL LAGO CONDO
On market since
May 12, 2026
Days on market
25

Estimated monthly cost

$1,737 per month

Principal & interest (30 yr)
$1,006
Property tax
$263
Insurance (estimated)
$149
Association fee
$318

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Henry M. Flagler Elementary Public · PK-5 · 0.48 mi
  • The Bright Days Preschool Private · PK-KG · 0.58 mi
  • US International Christian Academy Private · 09-12 · 0.62 mi
  • La Petite Academy of Miami - NW 7th St Private · PK-KG · 0.81 mi
  • Discovery Years Child Care Center Private · KG-03 · 0.84 mi
  • Fairlawn Elementary Public · PK-5 · 0.98 mi

Similar homes nearby

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