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Sold for $230,000
  • $230,000

    5505 NW 7th Street #W301, Miami, FL 33126

    2beds
    852sqft
    Condominium
    Built in 1972
    -- sqft lot
    $229,300 Zestimate®
    $270/sqft
    $2,065 Estimated rent

    Home value

    $229,300

    $202,000 - $261,000

    $2,065/mo

    Zestimate® history
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    $2,065/mo

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    $2,143/mo

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    $2,143/mo

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    What's special

    Meticulously maintained
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dayana Sanchez 754-214-7062,

    La Rosa Realty Beaches LLC

    Bought with:

    Dayana Sanchez, 3262842

    La Rosa Realty Beaches LLC

    Source: BeachesMLS,MLS#: F10555531MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
    Features
    • Built-in Features, None, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    Interior area
    • Total interior livable area: 852 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other
    Details
    • Parcel number: 0131310240030
    • Lease amount: $0
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1972

    Community & neighborhood

    Security
    • Security features: Gated Community, Smoke Detector(s), Security Fence
    Community
    • Community features: Gated
    Location
    • Region: Miami
    • Subdivision: El Lago Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $455 monthly
    • Amenities included: Maintenance Grounds, Pool
    Other fees
    • Pet deposit fee: $150

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/22/2026Sold$230,000$270/sqft
    Source: BeachesMLS #F10555531 Report a problem
    4/1/2026Price change$230,000-6.1%$270/sqft
    Source: BeachesMLS #F10555531 Report a problem
    3/2/2026Listed for sale$245,000+29.6%$288/sqft
    Source: BeachesMLS #F10555531 Report a problem
    7/19/2024Listing removed--
    Source: MIAMI #A11594519 Report a problem
    6/20/2024Price change$2,450-2%$3/sqft
    Source: MIAMI #A11594519 Report a problem
    5/26/2024Listed for rent$2,500+66.7%$3/sqft
    Source: MIAMI #A11594519 Report a problem
    7/15/2021Sold$189,000+28.6%$222/sqft
    Source: MIAMI #A11037251 Report a problem
    12/21/2020Listing removed$1,500$2/sqft
    Source: Lifestyle International Realty #A10934892 Report a problem
    11/13/2020Price change$1,500-6.3%$2/sqft
    Source: Lifestyle International Realty #A10934892 Report a problem
    9/30/2020Listed for rent$1,600+10.3%$2/sqft
    Source: Ocean View Int'l Realty Inc #A10934892 Report a problem
    4/8/2016Listing removed$1,450$2/sqft
    Source: Real Living First Service Realty Inc #A10051017 Report a problem
    3/18/2016Listed for rent$1,450$2/sqft
    Source: Real Living First Service Realty Inc #A10051017 Report a problem
    3/7/2016Sold$147,000-5.2%$173/sqft
    Source: Public Record Report a problem
    1/16/2016Listed for sale$155,000+138.5%$182/sqft
    Source: XLN Realty LLC #F1374947 Report a problem
    11/8/2012Sold$65,000-2.8%$76/sqft
    Source: Public Record Report a problem
    9/20/2012Listed for sale$66,900$79/sqft
    Source: RE/MAX ADVANCE REALTY II #A1691227 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,614 +5.3%$176,233 +10%
    2024$3,432 +13.3%$160,212 +10%
    2023$3,029 +11%$145,648 +10%
    2022$2,730 +5.8%$132,408 +9%
    2021$2,581 -0.2%$121,475
    2020$2,587 +9.8%$121,475 +10%
    2019$2,357 +1.9%$110,432
    2018$2,313 $110,432
    2017$2,313 -1.1%$110,432 +56.5%
    2016$2,339 +64.1%$70,543 +10%
    2015$1,426 +9.5%$64,130 +17%
    2014$1,302 +122.1%$54,791 +10%
    2013$586 $49,810 -5.4%
    2012$586 +1.5%$52,672 +3%
    2011$578 -5%$51,138 +1.5%
    2010$608 +10%$50,383 +2.7%
    2009$553 +10.6%$49,059 +117.2%
    2007$500 -10.2%$22,583
    2006$557 --
    2005$557 +0.7%--
    2004$553 +7.4%--
    2003$515 +8.7%--
    2002$474 --
    2001$474 --

    Find assessor info on the county website

    Neighborhood: Flagami

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Henry M. Flagler
    • Middle: Kinloch Park
    • High: South Miami

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $229,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $229,300