ActiveMLS® A12017589

$199,000

5501 NW 7th Street E412, Miami, FL 33126

Beds: 1
Baths: 1
Sqft: 662

Est. payment$1,714/mo

Home type: Condominium
Year built: 1972
Lot size: —
Price / sqft: $301
HOA: $318/mo
Community: EL LAGO CONDO

Property description

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 activity

Days on market: 164
Listed: May 12, 2026
MLS listing updated: Jul 6, 2026
Feed last checked: 3 minutes ago

Listed by Idania Brizuela · Real Estate Direct of S. Fla

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Walk-In Closet(s)
Flooring: Ceramic Tile, Tile
Appliances: Electric Range, Microwave, Refrigerator

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Garage: Yes
Carport spaces: 0
Covered spaces: 0
Parking features: Detached, Detached Garage, Garage, Guest
Attached garage: No

Exterior

Stories: 4
Building area: 662 sqft
Exterior features: Courtyard, Lighting
Fencing: Fenced
View: Lake
Waterfront: Other, Lake
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 1972
New construction: No

Materials

Construction: Block, CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: EL LAGO CONDO
MLS area: 2310
Security: Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Key Card Entry, Security Fence, Security System
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $318 monthly
Estimated monthly dues: $318
Amenities: Maintenance, Pool, Elevator(s)
Services included: Pool Service, Common Areas, Elevator, Insurance, Maintenance Structure, Roof Repairs, Trash

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33126

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12017589
Possession: Negotiable
Original list price: $199,000
Parcel number: 0131310240960
Annual property tax: $3,158
Tax year: 2025
Tax 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

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Elevator(s)
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Common Areas, Elevator, Insurance, Maintenance Structure, Roof Repairs, Trash
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 662
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 164
Elementary School: Henry M. Flagler
High School: South Miami
List Price: 199000
Listing Contract Date: 2026-05-12
Living Area: 662
MLSArea Major: 2310
Middle Or Junior School: Kinloch Park
Mls Status: Active
On Market Date: 2026-05-12
Photos Count: 23
Postal Code: 33126
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Key Card Entry, Security Fence, Security System
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-05-12T04:00:00Z
Stories Total: 4
Subdivision Name: EL LAGO CONDO
Waterfront Features: Other, Lake
Tax Annual Amount: 3158
Bathrooms Full: 1
Bedrooms Total: 1
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 318

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
May 12, 2026	ListedMIAMI REALTORS® MLS	$199,000$301/sqft

Public tax history

Year	Property taxes	Assessment
2025	$3,158	—

Payment calculator

Estimated monthly payment$1,714/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,033
Property taxes: $263
Insurance: $100
Association dues: $318

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

EL LAGO CONDO

Miami · Miami-Dade County · 33126

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Henry M. FlaglerElementary

—

Kinloch ParkMiddle

—

South MiamiHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes