$275,000
Sold · October 14, 2025
5501 NW 7th Street E408
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $275,000
- Vs. list price
- At list
- Days on market
- 65
- Price per sq ft
- $277
This 2-bedroom condo in El Lago Condo sold for $275,000 on October 14, 2025. That was exactly its final list price of $275,000. It first came on the market at $289,000, so the price was adjusted before it sold. It spent 65 days on the market. At $277 per square foot, it closed in line with the $282 median of the 4 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $275,000
- Sold On
- October 14, 2025
- Days on Site
- 65 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 991 sqft
- Total Sq Ft
- 991 sqft
- Year Built
- 1972
- Property Type
- Condo
- MLS #
- A11819019
- Property Tax
- $4,125 (2024)
- HOA Fees
- $457 / Monthly
- Subdivision
- EL LAGO CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Stunningly remodeled 2 bedroom/2bathroom apartment with lake view located in the heart of Miami. Don't miss this opportunity to own this spacious unit that features a grand living area with a stunning lake view and new flooring. The kitchen in this unit features new stainless appliances, granite countertops, and a breakfast area. Both the Master bedroom and other room boast a spacious area, while the Master has a walking closet and a private bathroom that has been fully remodeled. Overall, a stellar unit with new everything located in a great community minutes away from Miami International Airport, Little Havana, Coral Gables, Downtown, and just about anywhere in Miami's vibrant community
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1972
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Guest
- Living Sq Ft
- 991
- Total Sq Ft
- 991
Interior Features
- Appliances
- Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile / Vinyl
- Interior Features
- Bedroom On Main Level / Breakfast Area / Eat In Kitchen / Elevator / Separate Shower / Walk In Closets
- Windows
- Sliding
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront Features
- Lake Front / None
- View
- Lake
Community & HOA
- HOA Fee
- $457 / Monthly
- HOA Includes
- Maintenance Grounds / Security / Water
- Association Amenities
- Elevators / Laundry / Pool
- Security
- Closed Circuit Cameras / Key Card Entry / Security Fence
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Other Restrictions
- MLS Area
- 2310
About the Community
- Homes for Sale
- 3
- Median List Price
- $239,900
- Median $/Sq Ft
- $298
- Avg Days on Market
- 133
Frequently Asked Questions
- How do I schedule a tour of 5501 NW 7th Street E408, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5501 NW 7th Street E408, Miami, FL 33126. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5501 NW 7th Street E408, Miami, FL 33126 still available?
- 5501 NW 7th Street E408, Miami, FL 33126 is currently listed as Sold, and has been on the market 65 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5501 NW 7th Street E408, Miami, FL 33126?
- With 20% down ($55,000) on the $275,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5501 NW 7th Street E408, Miami, FL 33126 is about $1,445/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5501 NW 7th Street E408, Miami, FL 33126?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5501 NW 7th Street E408, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5501 NW 7th Street E408, Miami, FL 33126 have an HOA fee?
- Yes: 5501 NW 7th Street E408, Miami, FL 33126 carries an HOA fee of about $457 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 5501 NW 7th Street E408, Miami, FL 33126?
- Often, yes. The right offer on 5501 NW 7th Street E408, Miami, FL 33126 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Miami Capital Realty Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$275,000
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Listed by Anakrystine Vallin, Miami Capital Realty Group
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Recent Sales
Recently sold homes in El Lago Condo
These are the last 4 recorded closings in El Lago Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $293 per square foot. The most recent closed on June 18, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$225,000
Sold · June 18, 2026
5505 NW 7th Street W315
2 bed · 2 bath · 852 sqft · $264/sqft
$20,000 under the asking price
Sold$230,000
Sold · May 22, 2026
5505 NW 7th Street W301
2 bed · 2 bath · 852 sqft · $270/sqft
Sold$260,000
Sold · September 5, 2025
5501 NW 7th Street E310
2 bed · 2 bath · 888 sqft · $293/sqft
$5,000 under the asking price
Sold$255,000
Sold · July 17, 2025
5501 NW 7th Street E301
2 bed · 2 bath · 852 sqft · $299/sqft
$4,000 under the asking price
See every recorded sale in El Lago Condo or find out what your El Lago Condo home is worth.
