5501 NW 7th Street E412, Miami, FL 33126 (MLS# A12017589)

5501 NW 7th Street E412, Miami, FL 33126

$199,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 662 Status: Active
Current Price: $199,000 List Date: 5/12/2026 Last Modified: 10/30/2026

Overview

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 Details MLS# A12017589

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
662
Living Area Main
662
Adjusted Area Main
662
Year Built
1972
Garage YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Insurance; Maintenance Structure; Pool Service; Roof Repairs; Trash Exterior Features: Courtyard; Lighting Flooring: Ceramic Tile; Tile Leasing Permitted Details: Okay To Lease Parking Features: Guest; Detached; Detached Garage; Garage Property Condition: Resale Appliances: Electric Range; Microwave; Refrigerator Construction Materials: Block; CBS Cooling: Central Air Association Type: Condominium Fencing: Fenced Heating: Central Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Security Features: Closed Circuit Camera(s); Elevator Secure; Fire Alarm; Key Card Entry; Security Fence; Security System Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Garden Apartment Water Access: Other Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Courtyard

Contract Information

Comp Sale YN
No
Original List Price
199000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
5501
Street Direction Prefix
NW
Street Name
7th
Street Suffix
Street
Unit Number
E412
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33126
Postal Code +4
3264
Postal Zip
33126
Subdivision Name
EL LAGO CONDO
Area
2310
Elementary School
Henry M. Flagler
Middle Or Junior School
Kinloch Park
High School
South Miami
Special Assessment YN
No
Parcel Number
0131310240960
Subdivision Number
24
Flood Zone
AH

Financial Information

Association YN
Yes
Association Fee
318
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
318
Membership Fee Required YN
No
Tax Annual Amount
3158
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

Status Change Information

Major Change Timestamp
2026-05-12T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-05-12

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Section Details

Parcel Number MLX
0960

Originating Details

Originating System Key
473638850
Originating System ID
M00000151
IDX
Listing Office: Real Estate Direct of S. Fla
Source MLS Verified
Last Updated: October - 30 - 2026
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