5501 NW 7th St #E412, Miami, FL 33126
Property image
Property image
FOR SALE
3D VIEW

$199,000

  • 1 Bed
  • 1 Bath
  • 662 sqft

5501 NW 7th St #E412, Miami, FL 33126

Flagami
Est. Mortgage $1,732/mo*
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We estimate this home will sell faster than 81% nearby.

Home Highlights

Condo
Built in 1972
$301/sqft
Garage
HOA $318/mo

Local Information

  • Map ViewExplore the area around 5501 NW 7th St #E412.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Excellent investment opportunity in the heart of Miami! Beautiful 4th-floor condo located in the desirable El Lago Condominium community. This unit offers a convenient layout with plenty of natural light and a prime location just minutes from Miami International Airport, major highways, shopping centers, restaurants, and entertainment. Enjoy peaceful lake views and easy access to everything Miami has to offer. Ideal for homeowners or investors. Great central location with strong rental potential. Don’t miss this opportunity!
Last check for updates: about 11 hours ago
Listing courtesy of Idania Brizuela, (786) 252-4251
Real Estate Direct of S. Fla
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A12017589
Also Listed on MIAMI.
We estimate this home will sell faster than 81% nearby.

Home Details for 5501 NW 7th St #E412

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: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile, Tile
Levels, Entrance, & Accessibility
Number of Stories: 4Floors: Ceramic Tile, Tile
View
Has a ViewView: Lake
Security
Security: Complex Fenced, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured, TV Camera

Exterior Features

Exterior Home Features
Fencing: FencedExterior: CourtyardNo Private Pool
Parking & Garage
Has a GarageNo Attached GarageParking: 1 Space,Guest
Pool
Pool: Association
Frontage
WaterfrontWaterfront: LakeOn Waterfront
Farm & Range
Not Allowed to Raise Horses
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 121

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: Condo 1-4 Stories, Condo, Garden ApartmentArchitecture: Condo 1-4 Stories,Condo,Garden Apartment
Building
Building Name: El Lago CondoConstruction Materials: Concrete Block Construction, CBS ConstructionAttached To Another Structure
Property Information
Parcel Number: 0131310240960

Price & Status

Price
List Price: $199,000Price Per Sqft: $301
Status Change & Dates
Possession Timing: Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: MiamiCommunity: El Lago Condo
School Information
Elementary School: Flagler; Henry M.Jr High / Middle School: Kinlock ParkHigh School: South Miami

Agent Information

Listing Agent
Listing ID: A12017589

Building

Building Area
Building Area: 662 Square Feet

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $318/Monthly

Offer

Listing Terms: All Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: All Amenities, Building Exterior, Common Area Maintenance, Elevator, Insurance, Pool Service, Roof Repairs, Trash Removal

Miscellaneous

Mls Number: A12017589Pets Max Weight: 20Water ViewWater View: Lake

Additional Information

HOA Amenities: Elevator(s),Exterior Lighting,PoolSource Internet Entire Listing Display

Neighborhood Overview

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."
  • Trulia User
    "Martin Luther King Day Parade Black History Month African American Culture Museums Sports Football Basketball Food Trucks Clubs and plenty of Churches"
  • 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"
  • 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. "
  • Trulia User
    "Great place for family and to buy or rent a home . Great schools great for relocating and job friendly."
  • 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 "
  • 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 "
  • 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. "
  • 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 "
  • 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."
  • Maria D.
    "Not very kid friendly neighborhood/ no parks. Must drive, not very safe to walk because of busy traffic streets "
  • Maria D.
    "Closest park is about 4 miles away, but not very big. Not the best kid friendly neighborhood. Families, but older teenage kids"
  • 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. "
  • Briwitzel
    "It is close to everything and prices are fair. A great community for recent arrivals in Miami. Also very safe"
  • Nallelymc
    "Many families with kids live here. It’s a friendly community with many local parks for families to go. "
  • Jennyfer R.
    "Adults do forget to put their dogs on leashes causing a hazard to small children. Nice to walk around the neighborhood. "
  • Carloscoto305
    "Lacks Parks and Trees in Neighborhoods Some Streets have no sidewalks Trees need to be planted in all Medians "
  • Jorge
    "Melreese golf course right across avenue City of Miami black beard water park Close to beaches 836 coral gables MIA "
  • Jorge
    "Right across melreese golf club potential value to go up if soccer stadium is built. Busy ave but city services everywhere. "
  • Terri L.
    "Nice neighbors, safety, good schools and close to everything necessary like supermarkets, shopping, restaurants and more."
  • Maday
    "Not a lot of pets in the neighborhood. No parks or open spaces for them, no bag stations to pick up after them. "
  • 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."
  • 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."
  • 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."
  • 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."
  • 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"
  • Jdenriquez
    "this is an old neighborhood that is very centrally located. new homes are being built to replace older homes but still older."
  • Melissa V.
    "Specific buildings allow dogs, most don’t. More buildings than houses so very difficult to let them play and roam free "
  • C_quint
    "Everyone here has a dog. A lot of people walk without doggie bags though. Be careful where you step. "
  • 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 "
  • Jenifer H.
    "Pretty nice place everything clean and the area is safe I live in a building secure with electrical gates "

Market trends in Flagami

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$303K
$87.5K
MoM
Sale-to-List Price
Price per sq ft
$318
$1
MoM
Available listings
168

Home Value

Trulia Estimate
$191K
Since last month
Increased$300 (+0.2%)
Since last year
Decreased$7K (-3.4%)
Since last sale
Increased$12K (+6.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
August 2026$192K
August 2026$191K
July 2026$191K
June 2026$191K
May 2026$192K
April 2026$198K
March 2026$200K
February 2026$200K
January 2026$200K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Condo
$184,000
07/27/26
1
1
756
0.27
Condo
$165,000
01/30/26
1
1
756
0.27
Condo
$180,000
08/27/26
1
1
504
0.30
Condo
$195,500
10/07/25
1
1
756
0.30
Condo
$215,000
12/22/25
1
1
756
0.44
Condo
$185,000
01/20/26
1
1
624
0.44
Condo
$190,000
02/02/26
1
1
506
0.44
Condo
$245,000
07/14/26
1
1
685
0.44
Condo
$165,000
04/03/26
1
1
506

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$242,400
2
2
852
Off Market
0.00
$265,000
2
2
888
For Sale
0.00
$269,700
2
2
991
Off Market
0.00
$267,900
2
2
980
Off Market
0.00
$249,100
2
2
980
Off Market
0.00
$254,300
2
2
888
Off Market
0.00
$194,200
1
1
662
Off Market
0.00
$193,900
1
1
662
Off Market
0.00
$255,700
2
2
882
Off Market
0.01
$195,600
1
1
662
Off Market
0.01
$255,300
2
2
888
Off Market

Price and Tax history

DateEventPrice
May 12, 2026
Source: MIAMI #A12017589
Listed For Sale
$199,000
Dec 7, 2023
Source: MIAMI #A11483660
Sold
$180,000
Nov 13, 2023
Source: MIAMI #A11483660
Pending
$200,000
Nov 9, 2023
Source: MIAMI #A11483660
Listed For Sale
$200,000
May 2, 2002
Source: N/A
Sold
$66,500

LGBTQ Local Legal Protections

Idania Brizuela, Real Estate Direct of S. Fla
Agent Phone: (786) 252-4251
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.

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Frequently asked questions about 5501 NW 7th St #E412

  • What is the estimated monthly payment for 5501 NW 7th St #E412?
    Based on a $199,000 list price with 20% down at today's rates, the estimated monthly payment for 5501 NW 7th St #E412 in Miami, FL is approximately $1,435 (about $1,055 principal & interest, $305 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5501 NW 7th St #E412 compare to homes in Miami?
    5501 NW 7th St #E412 in Miami, FL is listed at $199,000, about 34% below the $303K median sale price in Miami.
  • What do residents say about the Flagami neighborhood?
    Residents describe the Flagami neighborhood in Miami, FL as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Flagami, Miami.
  • What are the closest schools to 5501 NW 7th St #E412?
    The closest schools to 5501 NW 7th St #E412 in Miami, FL are Henry M. Flagler Elementary School (Pre-K, rated 5/10), Kinloch Park Middle School (rated 3/10), South Miami Senior High School (rated 3/10).
  • Does 5501 NW 7th St #E412 have air conditioning?
    Yes, 5501 NW 7th St #E412 in Miami, FL has air conditioning.
  • Does 5501 NW 7th St #E412 have a pool?
    Yes, 5501 NW 7th St #E412 in Miami, FL has a pool.
5501 NW 7th St #E412, Miami, FL 33126 is a 1 bedroom, 1 bathroom, 662 sqft condo built in 1972. 5501 NW 7th St #E412 is located in Flagami, Miami. This property is currently available for sale and was listed by MIAMI on May 12, 2026. The MLS # for this home is MLS# A12017589.