$230,000
Sold · May 22, 2026
5505 NW 7th Street W301
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $230,000
- Vs. list price
- At list
- Days on market
- 47
- Price per sq ft
- $270
This 2-bedroom condo in El Lago Condo sold for $230,000 on May 22, 2026. That was exactly its final list price of $230,000. It first came on the market at $245,000, so the price was adjusted before it sold. It spent 47 days on the market. At $270 per square foot, it closed 5.3% below the $285 median of the 4 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $230,000
- Sold On
- May 22, 2026
- Days on Site
- 47 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 852 sqft
- Year Built
- 1972
- Property Type
- Condo
- MLS #
- F10555531
- Property Tax
- $3,469 (2026)
- HOA Fees
- $455 / Monthly
- Subdivision
- El Lago Condo
- Development
- El Lago Condominiums
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 1
- Living Sq Ft
- 852
Interior Features
- Appliances
- Dryer / Electric Range / Microwave / Refrigerator / Trash Compactor / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Built In Features / None / Walk In Closets
- Main Level Bedrooms
- 0
- Main Level Baths
- 0
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Other
Community & HOA
- HOA Fee
- $455 / Monthly
- Association Amenities
- Maintenance Grounds / Pool
- Community Features
- Gated
- Security
- Gated Community / Smoke Detectors / Security Fence
- Pets Allowed
- No Dogs / Pet Fee / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2310
Schools
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
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 5505 NW 7th Street W301, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5505 NW 7th Street W301, 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 5505 NW 7th Street W301, Miami, FL 33126 still available?
- 5505 NW 7th Street W301, Miami, FL 33126 is currently listed as Sold, and has been on the market 47 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 5505 NW 7th Street W301, Miami, FL 33126?
- With 20% down ($46,000) on the $230,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5505 NW 7th Street W301, Miami, FL 33126 is about $1,209/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 5505 NW 7th Street W301, Miami, FL 33126?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5505 NW 7th Street W301, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5505 NW 7th Street W301, Miami, FL 33126 have an HOA fee?
- Yes: 5505 NW 7th Street W301, Miami, FL 33126 carries an HOA fee of about $455 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5505 NW 7th Street W301, Miami, FL 33126?
- 5505 NW 7th Street W301, Miami, FL 33126 is zoned for Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5505 NW 7th Street W301, Miami, FL 33126?
- Often, yes. The right offer on 5505 NW 7th Street W301, 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 La Rosa Realty Beaches LLC
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.
$230,000
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Listed by Dayana Sanchez, La Rosa Realty Beaches LLC
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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$275,000
Sold · October 14, 2025
5501 NW 7th Street E408
2 bed · 2 bath · 991 sqft · $277/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.
