5505 NW 7th Street W301 Miami, FL $ 230,000
5505 NW 7th Street W301
$ 230,000
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5505 NW 7th Street W301

Miami, FL, 33126
$ 230,000
Bedrooms2 Baths2.0 Sq 852

Monthly Estimate*

$ 1,416

5505 NW 7th Street W301, Miami, FL 33126 - Image 1
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5505 NW 7th Street W301, Miami, FL 33126 - Image 10
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Condo for sale in Miami, FL

for $230,000 with 2 bedrooms and 2 full baths. This 852 square foot condo was built in 1972.

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.

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Condo Contingent

Price

$ 230,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,469

Style

Year Built

1972

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

F10555531

Features
General
Heating Central
Cooling Central Air
Possession Negotiable
Appliances Dryer Electric Range Microwave Refrigerator Trash Compactor Washer
HOA Fee 455
Garage Spaces 1
Patio/Porch Features Open Balcony
Pool Features Association
Security Features Gated Community Smoke Detector(s) Security Fence
Construction Materials Block
Pets Allowed No Dogs Pet Fee Size Limit Yes
Year Built 1972
View Other
Unit Number W301
Property Subtype Condominium
Tax Year 2026
Community Features Gated
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction false
Property Type Residential
Association Amenities Maintenance Grounds Pool
Contingency Inspection
Subdivision Name El Lago Condo
Garage Y/N true
Full Baths 2
Status Active Under Contract
High School South Miami
City Miami
Land Lease Amount 0
Senior Community Y/N false
MLS Area 2310
Elementary School Henry M. Flagler
Land Lease Y/N false
Tax Annual Amount 3469
Middle/Junior High School Kinloch Park
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/5505-NW-7th-St-W301-Miami-FL-33126/unbranded
Standard Status Active Under Contract
Property Sub Type Additional Condominium
Legal Description EL LAGO CONDO UNIT W301 UNDIV .00809% INT IN COMMON ELEMENTS OFF REC 11202-2092 OR 11993-2352 1283 1
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Interior
Interior Amenities Built-in Features None Walk-In Closet(s)
Flooring Ceramic Tile
Total Stories 4
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 2
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Exterior
Exterior Amenities Balcony Outdoor Living Area
Fencing Fenced
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Dayana Sanchez

Listing Agent

Affordability Calculator

$1,705
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
South Miami High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$230,000 -6.12% Price Down
3/2/2026$245,000 Listed Price

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5505 NW 7th Street W301, Miami, FL, 33126 is a Condo for sale at $230,000 with 852 sqft. 5505 NW 7th Street W301 has 2 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 33126 which is in Miami, FL