For sale

$265,000

5501 NW 7th St APT E207, Miami, FL 33126

2beds

888sqft

$2,234/mo

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Condominium

Built in 1972

-- sqft lot

$251,700 Zestimate^®

$298/sqft

$406/mo HOA

What's special

Stunning lake viewsImpact windowsUpdated bathroomsOpen kitchen

MUST SEE! Beautiful and spacious 2-bedroom, 2-bathroom condo with stunning lake views, located on the first floor. This well-maintained unit features an open kitchen, updated bathrooms, impact windows, washer and dryer inside the unit, and a large balcony overlooking the lake. The master bedroom includes a walk-in closet. Located in a gated community with security cameras, pool, elevators, and laundry rooms on every floor. Prime location minutes from Miami International Airport, major highways, shopping, and restaurants. Excellent opportunity for investors or first-time buyers—schedule your showing today!

209 days

213

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator

Features

Elevator
Flooring: Tile

Interior area

Total structure area: 888
Total interior livable area: 888 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Additional Spaces Available, Assigned
Garage spaces: 2

Features

Exterior features: None, Other
Has view: Yes
View description: Lagoon
Has water view: Yes
Water view: Lagoon
Waterfront features: Lagoon

Details

Parcel number: 0131310240540
Other equipment: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 1972

Community & HOA

Community

Security: No Security
Application fee: $250
Pet fee: $150
Subdivision: El Lago Condo

HOA

Has HOA: Yes
Amenities included: None
HOA fee: $406 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $298/sqft
Tax assessed value: $198,000
Annual tax amount: $2,159
Date on market: 1/26/2026
Listing terms: All Cash,Conventional,FHA

Estimated market value

$251,700

$239,000 - $264,000

$2,074/mo

Price history

Date	Event	Price
1/26/2026	Listed for sale	$265,000+44%$298/sqft
Source: MIAMI #A11952591 Report a problem
8/21/2020	Sold	$184,000+178.8%$207/sqft
Source: Public Record Report a problem
2/22/2020	Listing removed	$1,500$2/sqft
Source: Monteriny Properties Corporation #A10794180 Report a problem
1/4/2020	Listed for rent	$1,500-3.2%$2/sqft
Source: Monteriny Properties Corporation #A10794180 Report a problem
12/1/2019	Listing removed	$1,550$2/sqft
Source: Monteriny Properties Corporation #A10742533 Report a problem
9/19/2019	Listed for rent	$1,550$2/sqft
Source: Monteriny Properties Corporation #A10742533 Report a problem
5/30/1997	Sold	$66,000+34.7%$74/sqft
Source: Public Record Report a problem
11/29/1995	Sold	$49,000$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,159 +3.4%	$150,201 +2.9%
2024	$2,088 +1.7%	$145,968 +3%
2023	$2,053 +4.2%	$141,717 +3%
2022	$1,970 -26.5%	$137,590 +9%
2021	$2,682 +15.2%	$126,229 +25.2%
2020	$2,329 +9.7%	$100,862 +10%
2019	$2,122 +8.4%	$91,693 +10%
2018	$1,957	$83,358 +10%
2017	$1,957 +4.2%	$75,780 +10%
2016	$1,878 +32%	$68,891 +10%
2015	$1,423 +5.2%	$62,629 +10%
2014	$1,353 +98.3%	$56,936 +10%
2013	$682	$51,760 -20%
2012	$682 -0.6%	$64,700
2011	$686 -5.5%	$64,700
2010	$726 +6.5%	$64,700 +2%
2009	$682 -15.7%	$63,455 +73.6%
2007	$810 -9.4%	$36,546
2006	$894	--
2005	$894 +0.5%	--
2004	$890 +5.3%	--
2003	$845 +6.2%	--
2002	$796	--
2001	$796	--