5501 NW 7th St #E204, Miami, FL 33126
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Property image
OFF MARKET

5501 NW 7th St #E204
Miami, FL 33126

Flagami
  • 1 Bed
  • 1 Bath
  • 662 sqft

$196,100

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $1,362/mo*
Refinance Your Home

$196,100

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $1,362/mo*
Refinance Your Home
1 Bed
1 Bath
662 sqft

Local Information

  • Map ViewExplore the area around 5501 NW 7th St #E204.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1972
Living Area
662 sqft
Price/Sqft
$296
Parking
Garage
HOA
$242/Monthly

About this House

Location, Location,Location, Great opportunity for investors or first time buyer to own a unit in the heart of an upcoming area. One bedroom One full bathroom, Living room/ Dining area, overlooking Blue Lagoon, with low maintenance situated just minutes from Miami International Airport and shopping area, highways and public transportation. Make an appointment today.
5501 NW 7th St #E204, Miami, FL 33126 is a 1 bedroom, 1 bathroom, 662 sqft condo in Flagami, built in 1972. It last sold for $189,000 on Aug 12, 2024 (1% below the $190,000 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $1,800 per month. That rental listing was removed on August 19, 2024. It is currently off market. The Trulia Estimate is $196,100, with a rent estimate of $1,655/month.

Home Details for 5501 NW 7th St #E204

Interior Features

Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 662 Square Feet
Appliances & Utilities
Appliances: Microwave, Electric Range, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Other
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile
Levels, Entrance, & Accessibility
Number of Stories: 4Floors: Ceramic Tile
View
Has a ViewView: Lagoon
Security
Security: Complex Fenced

Exterior Features

Exterior Home Features
Exterior: Other, NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: 1 Space
Pool
Pool: Association
Frontage
WaterfrontWaterfront: LagoonOn Waterfront
Farm & Range
Not Allowed to Raise Horses
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: Condo 1-4 Stories, CondoArchitecture: Condo 1-4 Stories,Condo
Building
Building Name: El Lago CondominumConstruction Materials: CBS ConstructionIs a New ConstructionAttached To Another Structure
Property Information
Condition: New ConstructionUsage of Home: InvestmentParcel Number: 0131310240300

Price & Status

Price
List Price: $190,000
Status Change & Dates
Off Market Date: Sun Jul 14 2024Possession Timing: Funding

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MiamiCommunity: El Lago Condo

Building

Building Area
Building Area: 662 Square Feet

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $242/Monthly

Offer

Contingencies: Association ApprovalListing Terms: All Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: All Amenities

Miscellaneous

Mls Number: A11622056Water ViewWater View: Lagoon

Additional Information

HOA Amenities: PoolSource Internet Entire Listing Display
Last check for updates: about 3 hours ago
Listed by Susanita Ferro, (305) 815-8404
Luxurious Living Realty, Inc.
Bought with: Maria Paula Di Mauro, (305) 776-6847, Urban Key Realty Corp
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11622056

Price History for 5501 NW 7th St #E204

DatePriceEventSource
08/19/2024ListingRemovedMIAMI #A11638305
08/13/2024$1,800Listed For RentMIAMI #A11638305
08/12/2024$189,000Sold
MIAMI #A11622056
07/14/2024$190,000PendingMIAMI #A11622056
07/11/2024$190,000Listed For SaleMIAMI #A11622056
01/11/2021ListingRemovedMIAMI
11/28/2020$1,175Listed For RentAgent Provided

Market trends in Miami

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$588K
$3.17KMoM
Sale-to-List Price
96.6%
0.2%MoM
Price per sq ft
$423
$6MoM
Available listings
5932
2MoM
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Property Tax and Assessment

Year2025
Tax$3,158
Assessment$158,000
Home facts updated by county records

Comparable Sales for 5501 NW 7th St #E204

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5280 NW 7th St #306, Miami, FL
0.21
Condo
$195,000
09/08/25
1
1
600
5201 NW 7th St #105, Miami, FL
0.27
Condo
$184,000
07/27/26
1
1
756
5201 NW 7th St #507, Miami, FL
0.27
Condo
$165,000
01/30/26
1
1
756
5199 NW 7th St #603E, Miami, FL
0.30
Condo
$195,500
10/07/25
1
1
756
5199 NW 7th St #607, Miami, FL
0.30
Condo
$215,000
12/22/25
1
1
756
5199 NW 7th St #208, Miami, FL
0.30
Condo
$245,000
08/06/25
1
1
756
5050 NW 7th Street #PH16, Miami, FL
0.44
Condo
$185,000
01/20/26
1
1
624
5050 NW 7th St #309, Miami, FL
0.44
Condo
$190,000
02/02/26
1
1
506
5077 NW 7th St #1111, Miami, FL
0.44
Condo
$245,000
07/14/26
1
1
685

Nearby homes

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Assigned Schools

These are the assigned schools for 5501 NW 7th St #E204.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Flagami
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Flagami

At least 428 Trulia users voted on each feature.

  • 69 % Say there are sidewalks

  • 63 % Say it's dog friendly

  • 63 % Say yards are well-kept

  • 61 % Say car is needed

  • 61 % Say there's holiday spirit

  • 60 % Say streets are well-lit

  • 58 % Say it's walkable to grocery stores

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to restaurants

  • 54 % Say parking is easy

  • 53 % Say it's quiet

  • 49 % Say people would walk alone at night

  • 42 % Say kids play outside

  • 41 % Say neighbors are friendly

  • 34 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anna Montes
    "Visiting so I cannot judge on 2 night stay, however, I have walked approximately 1 mile around the area I am staying and although a heavily trafficked road, I feel safe and shopping and restaurants are all within telling distance.if I was to live here I would not own a vehicle I would walk. Very close to the Miami international airport and plenty to do in the area."
    1
    Flag
  • Trulia User
    "Martin Luther King Day Parade Black History Month African American Culture Museums Sports Football Basketball Food Trucks Clubs and plenty of Churches"
    1
    Flag
  • Trulia User
    "Hi traffic area. Good area lots of nice homes. Central in location, many stores and business located on flagler and sw 8 st"
    1
    Flag
  • Trulia User
    "getting very crowded and busy traffic but good friendly restaurants with good food and supermarkets closed to it close to coral gables and Miami Airport Miami tri rails terminal metro rail terminal and greathound bus service. "
    3
    Flag
  • Trulia User
    "Great place for family and to buy or rent a home . Great schools great for relocating and job friendly."
    2
    Flag
  • Trulia User
    "The are used very dangerous and constant car break ins and constant vandalization of the houses and cars. People even steal your plants from your front porch !!!! I left a pair of converse drying and someone stole them and I caught it on camera but obviously nothing could be done for some shoes "
    0
    Flag
  • Trulia User
    "I love the location and great restaurants around the neighborhood. Close to the highways and Coral Gables. Mis point between north and south "
    0
    Flag
  • Trulia User
    "We have neighborhood gatherings once or twice a month. We have a diverse potluck and we listen and dance to music which is common to our respective cultures. "
    1
    Flag
  • Trulia User
    "It's Location is perfect 5 min to Airport 15 min to Beach. Centrally Located. Just needs some more tress and city maintenance "
    1
    Flag
  • Ymustelier
    "I've lived in this neighborhood for more than 23 years. it's a relatively quiet area, close to the airport, ease access to expressways and important avenues, less than 20 minutes from Miami Beaches, choose to calle ocho. I've seen this neighborhood improve trough the years. Owners expend money making improvements to their houses. it's been nice to live here."
    19
    Flag
  • Maria D.
    "Not very kid friendly neighborhood/ no parks. Must drive, not very safe to walk because of busy traffic streets "
    2
    Flag
  • Maria D.
    "Closest park is about 4 miles away, but not very big. Not the best kid friendly neighborhood. Families, but older teenage kids"
    3
    Flag
  • Giselle L.
    "You can walk your dog around but there are t any actual dog parks. Also beware to not let your dogs out alone. There’s a lot of traffic. "
    1
    Flag
  • Briwitzel
    "It is close to everything and prices are fair. A great community for recent arrivals in Miami. Also very safe"
    3
    Flag
  • Nallelymc
    "Many families with kids live here. It’s a friendly community with many local parks for families to go. "
    1
    Flag
  • Jennyfer R.
    "Adults do forget to put their dogs on leashes causing a hazard to small children. Nice to walk around the neighborhood. "
    1
    Flag
  • Carloscoto305
    "Lacks Parks and Trees in Neighborhoods Some Streets have no sidewalks Trees need to be planted in all Medians "
    1
    Flag
  • Jorge
    "Melreese golf course right across avenue City of Miami black beard water park Close to beaches 836 coral gables MIA "
    0
    Flag
  • Jorge
    "Right across melreese golf club potential value to go up if soccer stadium is built. Busy ave but city services everywhere. "
    1
    Flag
  • Terri L.
    "Nice neighbors, safety, good schools and close to everything necessary like supermarkets, shopping, restaurants and more."
    0
    Flag
  • Maday
    "Not a lot of pets in the neighborhood. No parks or open spaces for them, no bag stations to pick up after them. "
    1
    Flag
  • Giselle
    "I have lived in this building for a little over two years. not the best place for my money. Walls are "very thin" can hear conversations and all kinds of noises, the terrace and common area has been under "construction" for over 9 months and stalled with no end date, association can't provide a date as to when the updates will be concluded. They threaten with fines for everything. Can't park SUVs or Trucks. Also from the looks of it a special assessment will be added soon, so be prepared for that. On the positive side, the building is gated so in general a safe place to live in."
    0
    Flag
  • Domingo G.
    "I have live in this neighborhood since 1978 and unfortunately I have seen it in decline. Politicians come by on election time and make thousands of promises but none come to fruition. Sidewalks are falling apart and the streets are sinking due to enormous trucks passing through the residential areas. Cars speeding and the sense on insecurity have increased."
    24
    Flag
  • Ymustelier
    "we have movie nights in the pool of the Grapeland Hight water park Very often we have a amusement fair coming to the grounds of 37th Ave and 7th St shopping center."
    0
    Flag
  • Reinierboulart
    "No idea I have no dogs. I guess there is no a pet park or pet areas within the neighborhood that I know about it."
    0
    Flag
  • Janeta239
    "Don’t really see many people walking their dogs around here but there are big yards in most houses so the dog could have his or her own space. Dog parks are close by as well"
    0
    Flag
  • Jdenriquez
    "this is an old neighborhood that is very centrally located. new homes are being built to replace older homes but still older."
    0
    Flag
  • Melissa V.
    "Specific buildings allow dogs, most don’t. More buildings than houses so very difficult to let them play and roam free "
    0
    Flag
  • C_quint
    "Everyone here has a dog. A lot of people walk without doggie bags though. Be careful where you step. "
    0
    Flag
  • Brenda L.
    "My neighborhood is very good, not much crime but a little scary at night. Other than that very friendly neighborhood and everything is very close "
    0
    Flag
  • Jenifer H.
    "Pretty nice place everything clean and the area is safe I live in a building secure with electrical gates "
    0
    Flag

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Homes for sale near 5501 NW 7th St #E204

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Off Market Homes Near 5501 NW 7th St #E204

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.