5501 NW 7th St, Unit E408

991 Sq. Ft.
$277 / Sq. Ft.
991
Sq. Ft.
$277
per Sq. Ft.

Description

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...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

Property Details for 5501 Northwest 7th Street, Unit E408

Subdivision
EL LAGO CONDO
Complex Name
EL LAGO CONDO
Style
Condo 1-4 Stories
Waterfront
Yes
Waterfront Description
Lake Front
View
Lake
Unit View
Lake
Area
31
LISTING UPDATED: 10/17/2025 08:10 PM

Property Details for 5501 Northwest 7th Street, Unit E408

StatusClosed
MLS #A11819019
Days on Market65
Taxes$4,125 / year
HOA Fees$457 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1972
CountyMiami-Dade County

Building

EL LAGO

4 StoriesBuilt in 1972

Location

Listing Courtesy of Miami Capital Realty Group

Sold By Guillen

Add your commute

Building Information for 5501 Northwest 7th Street, Unit E408

Building/ComplexEL LAGOFloor4Stories4Residences-Pet Policy-Pet Policy Details-Year Built1972

Payment Calculator

$2,141 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$344

HOA Dues

$457

The Payment Calculator is for illustrative purposes only.

Property Information for 5501 Northwest 7th Street, Unit E408

Location Information
Location Information
  • Parcel Number Free Text: 01-31-31-024-0640
  • Parcel Number MLX: 0640
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 31
  • Subdivision Number: 24
  • Subdivision Complex Bldg: EL LAGO CONDO
  • Unit Floor Location: 4
  • Total Floors In Building: 4
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: 1 Space, Guest Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Corner Unit
  • Water Access: None
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Tile Floors, Vinyl Floors
  • Floor Description: Tile Floors, Vinyl Floors
  • Directions: Please use google maps.
  • Security Information: Complex Fenced, Card Entry, TV Camera
Room Information
Room Information
  • Bedroom Description: Entry Level
  • Master Bathroom Description: Shower Only
  • Master Bath Features: Shower Only
  • Dining Description: Breakfast Area, Eat-In Kitchen
  • Accessibility Features: Elevator
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Elevator, Walk-In Closets
  • Equipment Appliances: Circuit Breaker, Microwave, Electric Range, Refrigerator
  • Windows Treatment: Sliding
  • Exterior Features: Open Balcony
  • Maintenance Includes: Other Maintenance Includes, Outside Maintenance, Security, Water
  • Amenities: Common Laundry, Elevator, Pool
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AH
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: As Is
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished
Rent Information
  • Approval Information: 3-4 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 5501 Northwest 7th Street, Unit E408

DateEvent & SourcePriceAppreciation
Oct 14, 2025

Sold (Public Record)

Public Record #1921259429

$275,000
Oct 14, 2025

Sold

MiamiRE #A11819019

$275,000
Oct 13, 2025

Pending

MiamiRE #A11819019

Aug 13, 2025

Listed (Active)

MiamiRE #A11819019

Aug 13, 2025

Pending

MiamiRE #A11819019

Aug 13, 2025

Backup Contract

MiamiRE #A11819019

Aug 11, 2025

Pending

MiamiRE #A11819019

Aug 11, 2025

Backup Contract

MiamiRE #A11819019

Jun 9, 2025

Listed (Active)

MiamiRE #A11819019

$289,000
May 23, 2025

Cancelled

MiamiRE #A11760272

Apr 10, 2025

Price Change

MiamiRE #A11760272

$289,000
Mar 10, 2025

Listed (Active)

MiamiRE #A11760272

$299,000
Oct 20, 2023

Cancelled

MiamiRE #A11469113

Oct 16, 2023

Pending

MiamiRE #A11469113

Oct 16, 2023

Backup Contract

MiamiRE #A11469113

Oct 13, 2023

Listed (Active)

MiamiRE #A11469113

$299,000
Oct 12, 2023

Cancelled

MiamiRE #A11449642

Sep 13, 2023

Price Change

MiamiRE #A11449642

$299,000
Sep 13, 2023

Listed (Active)

MiamiRE #A11449642

$315,500
Sep 8, 2023

Cancelled

MiamiRE #A11422196

Sep 7, 2023

Temp Off Market

MiamiRE #A11422196

Aug 22, 2023

Price Change

MiamiRE #A11422196

$315,000
Aug 10, 2023

Price Change

MiamiRE #A11422196

$307,000
Aug 4, 2023

Price Change

MiamiRE #A11422196

$317,000
Aug 2, 2023

Price Change

MiamiRE #A11422196

$323,000
Jul 24, 2023

Listed (Active)

MiamiRE #A11422196

$335,000
DateEvent & SourcePrice
10/14/2025

Sold (Public Record)

Public Record #1921259429

$275,000
10/14/2025

Sold

MiamiRE #A11819019

$275,000
10/13/2025

Pending

MiamiRE #A11819019

08/13/2025

Listed (Active)

MiamiRE #A11819019

08/13/2025

Pending

MiamiRE #A11819019

08/13/2025

Backup Contract

MiamiRE #A11819019

08/11/2025

Pending

MiamiRE #A11819019

08/11/2025

Backup Contract

MiamiRE #A11819019

06/09/2025

Listed (Active)

MiamiRE #A11819019

$289,000
05/23/2025

Cancelled

MiamiRE #A11760272

04/10/2025

Price Change

MiamiRE #A11760272

$289,000
03/10/2025

Listed (Active)

MiamiRE #A11760272

$299,000
10/20/2023

Cancelled

MiamiRE #A11469113

10/16/2023

Pending

MiamiRE #A11469113

10/16/2023

Backup Contract

MiamiRE #A11469113

10/13/2023

Listed (Active)

MiamiRE #A11469113

$299,000
10/12/2023

Cancelled

MiamiRE #A11449642

09/13/2023

Price Change

MiamiRE #A11449642

$299,000
09/13/2023

Listed (Active)

MiamiRE #A11449642

$315,500
09/08/2023

Cancelled

MiamiRE #A11422196

09/07/2023

Temp Off Market

MiamiRE #A11422196

08/22/2023

Price Change

MiamiRE #A11422196

$315,000
08/10/2023

Price Change

MiamiRE #A11422196

$307,000
08/04/2023

Price Change

MiamiRE #A11422196

$317,000
08/02/2023

Price Change

MiamiRE #A11422196

$323,000
07/24/2023

Listed (Active)

MiamiRE #A11422196

$335,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 Northwest 7th Street, Unit E408

Taxable ValueLand-Additions-Total-
Tax Record2025$4,138 ($345 / month)
Home Facts
Beds2Total Finished SqFt991 SqFtAbove Grade Finished SqFt991 SqFtStyleCondominiumYear Built1972Zoning6106:RESID-LICountyMIAMI-DADEAPN01-3131-024-0640

Schools near 5501 Northwest 7th Street, Unit E408

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Henry M. Flagler Elementary School
PublicPK to 5

Kinloch Park Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Miami Capital Realty Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.