Sold for $260,000

$260,000

5501 NW 7th St APT E310, Miami, FL 33126

2beds

888sqft

Condominium

Built in 1972

-- sqft lot

$254,300 Zestimate^®

$293/sqft

$2,103 Estimated rent

Home value

$254,300

$221,000 - $292,000

$2,103/mo

Zestimate^® history

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$2,103/mo

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$2,103/mo

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$2,229/mo

Est. payment

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$2,229/mo

Est. payment

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What's special

Beautiful 2 bedroom, 2 bath apartment with breathtaking views of Blue Lagoon at El Lago Condominium. The apartment is centrally located and close to Miami International Airport, major highways, and more. With a low maintenance fee and no 1st-year rental restriction, this apartment is a great opportunity for investors or first-time buyers! The unit is vacant and easy to show.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater, Electric Range

Features

Elevator
Flooring: Tile
Windows: Hurricane Shutters
Common walls with other units/homes: Corner Unit

Interior area

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

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned, Guest
Garage spaces: 1

Features

Entry location: Third Floor Entry
Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake

Details

Parcel number: 0131310240790

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: Complex Fenced
Application fee: $100
Subdivision: El Lago Condo

HOA

Has HOA: Yes
Amenities included: Pool
HOA fee: $410 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $293/sqft
Tax assessed value: $198,000
Annual tax amount: $245
Date on market: 11/15/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
9/5/2025	Sold	$260,000-1.9%$293/sqft
Source: MIAMI #A11717275 Report a problem
5/15/2025	Pending sale	$265,000$298/sqft
Source: MIAMI #A11717275 Report a problem
2/21/2025	Price change	$265,000-7%$298/sqft
Source: MIAMI #A11717275 Report a problem
1/4/2025	Listed for sale	$285,000+379%$321/sqft
Source: MIAMI #A11717275 Report a problem
12/22/1995	Sold	$59,500$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,958 +1513.1%	$198,000 +205.3%
2024	$245 +3.9%	$64,863 +3%
2023	$236 -6.9%	$62,974 +3%
2022	$253 -1.2%	$61,140 +3%
2021	$257 +1.1%	$59,360 +1.4%
2020	$254 +3.3%	$58,541 +2.3%
2019	$246 +9.2%	$57,225 +1.9%
2018	$225	$56,158 +2.1%
2017	$225 -0.4%	$55,003 +2.1%
2016	$226 -3.7%	$53,872 +0.7%
2015	$235 -3.1%	$53,498 +0.8%
2014	$242 -23.6%	$53,074 +1.5%
2013	$317	$52,290 -15.9%
2012	$317 +4.6%	$62,193 +3%
2011	$303 -1.9%	$60,382 +1.5%
2010	$309 +7.3%	$59,490 +2.7%
2009	$288 +3.8%	$57,926 +3.1%
2007	$277 -22%	$56,184
2006	$355	--
2005	$355 +5%	--
2004	$338 -52%	--
2003	$705 +7.1%	--
2002	$658	--
2001	$658	--