EL LAGO CONDO

5501 NW 7th St # E412, Miami FL 33126

1 beds · 1 baths · 662 ft²

For Sale · Active Listing

$199,000

Est. Payment $1,059/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

662

Sq. Ft.

1972

Year Built

4

Stories

25

Days on Market

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!

Facts

MLS#
A12017589
Subdivision
EL LAGO CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1972
Lot Size
0 sqft
Sq. Ft.
662 ft²
Sq. Mt.
62 m²
Price per sq. ft.
$301/ft²
Price per sq. mt.
$3,210/m²
Stories
4
Garage
—
Pool
—
Days on Market
25 days
Listed
May 12, 2026
Last Updated
May 19, 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

October 2026

100/100
Buyers marketSellers market

45

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).

5/12/2026Listed for sale$199,000

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

Location

5501 NW 7th St # E412, Miami FL 33126Directions

Estimated Monthly Payment

$1,375/mo

Principal & Interest

$1,059

Property Tax

$166

Insurance

$150

HOA

$0

20% ($39,800)
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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