EL LAGO CONDO

5505 NW 7th St # W406, Miami FL 33126

2 beds · 2 baths · 888 ft²

For Sale · Active Listing

$239,900

7.70%

Est. Payment $1,277/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

888

Sq. Ft.

1972

Year Built

4

Stories

167

Days on Market

Description

Gated community in sought after central location Building in pristine condition and fob entry only Unit is equipped with hurricane shutters Long term tenant in place paying $2120 monthly rent, lease ends July 2027 One reserved parking and limited visitor parking inside. Approved SA starts 7/1/2026 $138.39 x 24 months (Concrete restoration, waterproofing and painting) Owner pays monthly and buyer to assume upon purchase.

Facts

MLS#
A11941147
Subdivision
EL LAGO CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1972
Lot Size
0 sqft
Sq. Ft.
888 ft²
Sq. Mt.
82 m²
Price per sq. ft.
$270/ft²
Price per sq. mt.
$2,926/m²
Stories
4
Garage
Pool
Days on Market
167 days
Listed
Jan 8, 2026
Last Updated
Jun 24, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

30

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/24/2026Price change$239,900-7.7%
1/8/2026Listed for sale$259,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5505 NW 7th St # W406, Miami FL 33126Directions

Estimated Monthly Payment

$1,627/mo

Principal & Interest

$1,277

Property Tax

$200

Insurance

$150

HOA

$0

20% ($47,980)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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