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