Home » Miami » El Lago at 5505 7th St Miami » 5505 NW 7th St W103, Miami, FL 33126 | A11613779

5505 NW 7th St W103, Miami, FL 33126 | Sold

$215,000
closed for a price of $200,000

Property Highlights

Listing ID A11613779 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 662 Sqft/61.50 m2 approx. Building Area 662 Sqft/61.50 m2 approx. COMMUNITY POOL Year Built 1972 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 47 Days
11 Photos of this Property

5505 NW 7th St W103, Miami, FL 33126

Property Description: MUST SEE!! Great Location, spacious open floor plan Condo, 1 BR/1 Bath, very quite. Gated community with security cameras throughout, laundry rooms in every floor. Its located 5 minutes to the airport, closes to 95, 836EXPRESSWAY, Restaurants, Publix and Downtown. Hot area for rental. Great investment opportunity.

Useful Info

Contingency:Association Approval
Original List Price:$215,000
Close Price:$200,000
More Listings Same Building:El Lago at 5505 7th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural Style:
  • Other
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:4
Possible Use:
  • Investment

Property Features

Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Closed Circuit Camera(s)
  • Complex Fenced
  • Other
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Fence
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$2,384

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$242
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:Yes

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Laundry
  • Elevator(s)
Subdivision Name:EL LAGO CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Parking
  • Laundry
Complex Name:EL LAGO CONDO
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck, Other Restrictions, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Assigned
  • Guest

More Details

Other Information:
Unit View: None
Housing Older Persons Act: No HOPA
Unit Design: Other
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : AH
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AH
Municipal Code: 1
Subdivision Number: 24
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:EL LAGO CONDO UNIT W103 UNDIV .00542% INT IN COMMON ELEMENTS OFF REC 11202-2092 OR 16393-1653 0594 1 COC 23890-1883 09 2005 1
Real Estate Folio Number (Parcel Number):01-31-31-024-0170
Public Survey Township:1
Public Survey Range:31
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:June 26, 2024 3:12 pm
On Market Date:June 26, 2024
Close Date:August 12, 2024
Price Change Date Time:June 26, 2024 3:10 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 13, 2024 9:14 pm
Status Last Changed:August 13, 2024 9:14 pm
Photos Last Modified:June 26, 2024 7:39 pm
Last Modified:August 14, 2024 1:15 am
Days on the Market Reference Date:August 14, 2024
Days on the Market (updated on Last Modified*):2
Cumulative Days on the Market (updated on Last Modified**):58

Additional Information

Unit Location:Other
Number of Photos Count:11
Area:31
Ref ID:1076843136
Automated Valuation Display:Yes
Courtesy of:Monteriny Properties Corporation
Universal Property Id:US-12025-N-0131310240170-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5505
Street Direction Prefix:NW
Street Address:5505 NW 7th St W103
Unit Number:W103
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5505 NW 7th St W103, Miami, FL 33126
Latitude:N25° 46' 43.1''
Longitude:W81° 42' 55.6''

Neighborhood

Postal City:Miami

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$