5505 NW 7th Street W301, Miami, FL 33126
$230,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
852
Status:
Active
Current Price:
$230,000
List Date:
3/01/2026
Last Modified:
4/01/2026
Overview
Description
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.
Listing Details MLS# F10555531
General Property Information
- Total Units In Building
- 73
- Unit Floor #
- 3
- Property Sub Type
- Condominium
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area Main
- 852
- Year Built
- 1972
- Garage YN
- Yes
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Gated Community YN
- Yes
- Senior Community YN
- No
- Land Lease YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 4
Property Features
Application Information:
3-4 Weeks Approval
Association Amenities:
Maintenance
Flooring:
Ceramic Tile
Property Condition:
Resale
Appliances:
Dryer; Electric Range; Microwave; Refrigerator; Trash Compactor; Washer
Construction Materials:
CBS
Cooling:
Central Air
Fencing:
Fenced
Heating:
Central
Interior Features:
Built-in Features; Walk-In Closet(s)
Listing Terms:
Cash; Conventional
Pets Allowed YN:
Yes
Pets Allowed:
Size Limit; No Dogs
Possession:
Negotiable
Restrictions:
Other Restrictions; Lease OK
Security Features:
Security Fence; Smoke Detector(s)
Special Information:
Sold As-Is
Tax Information:
Tax Reflects No Exemptions
Unit Description:
Corner/End Unit
View:
Other
Showing Requirements:
Appointment Only; Showing Service; See Remarks
Outdoor Living Spaces:
Balcony
Balcony Details:
Balcony - Open
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2026-03-01
- Original List Price
- 245000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 5505
- Street Direction Prefix
- NW
- Street Name
- 7th
- Street Suffix
- Street
- Unit Number
- W301
- City Name
- Miami
- Municipal Code
- 31
- State Or Province
- FL
- Postal Code
- 33126
- Postal Code +4
- 3207
- Postal Zip
- 33126
- Subdivision Name
- El Lago Condo
- Development Name
- El Lago Condominiums
- Area
- 2310
- Elementary School
- Henry M. Flagler
- Middle Or Junior School
- Kinloch Park
- High School
- South Miami
- Parcel Number
- 01-31-31-024-0030
- Subdivision Number
- 24
Financial Information
- Association YN
- Yes
- Association Fee
- 455
- Association Fee Frequency
- Monthly
- Application Required YN
- Yes
- Membership Fee Required YN
- No
- Tax Annual Amount
- 3469
- Tax Year
- 2026
- Tax Legal Description
- EL LAGO CONDO UNIT W301 UNDIV .00809% INT IN COMMON ELEMENTS OFF REC 11202-2092 OR 11993-2352 1283 1
Status Change Information
- Major Change Timestamp
- 2026-04-01T21:08:11Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-04-01T21:08:11Z
- Status Change Date
- 2026-03-01
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 150
Co-Ownership
- Property Management YN
- No
Pet Details
- Pet Fee YN
- Yes
- Pet Fee
- 150
- Total Weight Limit (Pets)
- 20
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
Price Calculations
- Current Price To SqFt
- 287.56
Section Details
- Parcel Number MLX
- 0030
Originating Details
- Originating System Key
- 610905098
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- FLL
Application Information
- 3-4 Weeks Approval
- Yes
Amenities
- Pool
- Yes
Association Amenities
- Maintenance
- Yes
Flooring
- Ceramic Tile
- Yes
Property Condition
- Resale
- Yes
Fencing
- Fenced
- Yes
Possession
- Negotiable
- Yes
Special Information
- Sold As-Is
- Yes
View
- Other
- Yes
Heating
- Central
- Yes
Unit Description
- Corner/End Unit
- Yes
Appliances
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Trash Compactor
- Yes
- Washer
- Yes
Construction Materials
- CBS
- Yes
Interior Features
- Built-in Features
- Yes
- Walk-In Closet(s)
- Yes
Land Lease Information
- Land Lease Amount
- 0
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Security Features
- Security Fence
- Yes
- Smoke Detector(s)
- Yes
Recreation Lease Information
- Recreation Lease Amount
- 0
Cooling
- Central Air
- Yes
Showing Requirements
- Appointment Only
- Yes
- Showing Service
- Yes
- See Remarks
- Yes
Master Bedroom/Bath
- None
- Yes
Pets Allowed YN
- Yes
- Yes
Pets Allowed
- Size Limit
- Yes
- No Dogs
- Yes
Restrictions
- Other Restrictions
- Yes
- Lease OK
- Yes
Tax Information
- Tax Reflects No Exemptions
- Yes
Outdoor Living Spaces
- Balcony
- Yes
Balcony Details
- Balcony - Open
- Yes
Documents
Rules & Regulations ›
Listing Office:
La Rosa Realty Beaches LLC
Last Updated: April - 01 - 2026
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