5505 NW 7th Street W301, Miami, FL 33126

$245,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 852 Status: Active
Current Price: $245,000 List Date: 3/01/2026 Last Modified: 3/18/2026

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.

More Information MLS# F10555531

Contract Information

Comp Sale YN: No Listing Contract Date: 2026-03-01 Status: Active Original List Price: 245000 List Price: $245,000 Current Price: $245,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Municipal Code: 31 Postal Zip: 33126 Development Name: El Lago Condominiums Subdivision Number: 24 Country: United States Street Number: 5505 Street Direction Prefix: NW Street Name: 7th Street Suffix: Street Unit Number: W301 State Or Province: FL Postal Code: 33126 Postal Code +4: 3207 Subdivision Name: El Lago Condo Area: 2310 Elementary School: Henry M. Flagler Middle Or Junior School: Kinloch Park High School: South Miami Parcel Number: 01-31-31-024-0030

General Property Information

Total Units In Building: 73 Unit Floor #: 3 Living Area Main: 852 Gated Community YN: Yes Senior Community YN: No Outdoor Living Spaces YN: Yes Land Lease YN: Yes Stories Total: 4 Property Sub Type: Condominium Bedrooms Total: 2 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1972 Garage YN: 1 Garage Spaces: 1 Covered Spaces: 1

Financial Information

Application Required YN: Yes Membership Fee Required YN: No Association YN: 1 Association Fee: 455 Association Fee Frequency: Monthly 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

Office/Member Information

DXORIGMLSID: FLL

Application Fee Details

Application Fee: 150

Application Information

3-4 Weeks Approval: 1

Amenities

Pool: 1

Association Amenities

Maintenance: 1

Flooring

Ceramic Tile: 1

Property Condition

Resale: 1

Co-Ownership

Property Management YN: No

Fencing

Fenced: 1

Possession

Negotiable: 1

Special Information

Sold As-Is: 1

View

Other: 1

Heating

Central: 1

Leasing Restrictions

Leasing - Max Times Per Year: 1

Unit Description

Corner/End Unit: 1

Appliances

Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Trash Compactor: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Built-in Features: 1 Walk-In Closet(s): 1

Land Lease Information

Land Lease Amount: 0

Listing Terms

Cash: 1 Conventional: 1

Security Features

Security Fence: 1 Smoke Detector(s): 1

Recreation Lease Information

Recreation Lease Amount: 0

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Showing Service: 1 See Remarks: 1

Master Bedroom/Bath

None: 1

Pets Allowed

Size Limit: 1 No Dogs: 1

Pet Details

Pet Fee YN: Yes Pet Fee: 150 Total Weight Limit (Pets): 20

Restrictions

Other Restrictions: 1 Lease OK: 1

Tax Information

Tax Reflects No Exemptions: 1

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Open: 1

Price Calculations

Current Price To SqFt: 287.56

Section Details

Parcel Number MLX: 0030

Status Change Information

Major Change Timestamp: 2026-03-01T05:00:00Z Major Change Type: New Listing Status Change Date: 2026-03-01

Originating Details

Originating System Key: 610905098 Originating System ID: M00000170

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: 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
Listing Office: La Rosa Realty Beaches LLC
IDX
Last Updated: March - 18 - 2026
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