5501 NW 7th St # E412, Miami FL 33126, Miami
$199,000
Miami, FL, 33126
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 662 sqft
- Year built
- 1972
- Type
- Condominium
- Association fee
- $318 / monthly
- Days on market
- 25
- MLS #
- A12017589
Listing courtesy of Real Estate Direct of S. Fla · 305-704-3656. Listing agent: Idania Brizuela. MLS data last updated 2026-05-19.
Description
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!
5501 NW 7th St # E412, Miami FL 33126, Miami — for sale, listed for $199,000 (1 bed, 1 bath, 662 sqft).
1,661 1-bed listings for sale in miami · median $435,000.
Priced like this listing
The 4 active listings closest in price within the same market segment:
Availability in EL LAGO CONDO
4 listings are currently active in this building across 4 distinct units (2 × 1-bed, 2 × 2-bed).
n=4 · 2026-07-26 · Methodology
Run the numbers
ZIP vs city price level
Active listings like this in ZIP 33126 show a median asking $321/sqft — 42% below the Miami median asking of $553/sqft.
n=30 · 2026-07-26 · Methodology
About EL LAGO CONDO
EL LAGO CONDO: built 1972; current sale asking prices $199,000–$265,000; current rents $1,700–$2,200; association fees $318–$406/month.
Current market segment
Right now: 1,661 active 1-bed listings for sale in miami, median asking price $435,000, median $553/sqft.
n=1,661 · 2026-07-26 · Methodology
Local market report
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-26 · Methodology
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