5505 NW 7th St # W406, Miami FL 33126 | Miami-Dade County | A11941147
- $239,900
- Condominium
- 2
- 2
- 0
- 888 Sq Ft
5505 NW 7th St # W406, Miami FL 33126 | Miami-Dade County | A11941147
- $239,900
Description
Gated community in sought after central location
Building in pristine condition and fob entry only
Unit is equipped with hurricane shutters
Long term tenant in place paying $2120 monthly rent, lease ends July 2027
One reserved parking and limited visitor parking inside.
Approved SA starts 7/1/2026 $138.39 x 24 months
(Concrete restoration, waterproofing and painting)
Owner pays monthly and buyer to assume upon purchase.
Property Overview
This is a two-bedroom, two-bathroom condo at the El Lago Condominium on NW 7th Street in Miami. The 888-square-foot unit was built in 1972 and is priced at $239,900. The building is a gated community with fob entry and is maintained in pristine condition. This specific unit includes hurricane shutters and comes with one reserved parking space, plus limited visitor parking inside the complex. A long-term tenant is in place with a lease that ends in July 2027, currently paying $2,120 in monthly rent. The condo association fee is $436 per month.
Frequently Asked Questions
Is the condo currently occupied?
Yes, there is a long-term tenant in place with a lease that ends in July 2027. The current monthly rent is $2,120.
What are the parking arrangements?
The unit comes with one reserved parking space. There is also limited visitor parking available inside the gated community.
What features does this specific unit have?
This is an 888 square foot, 2-bedroom, 2-bathroom condo in the El Lago Condominium building, which was built in 1972. The unit is equipped with hurricane shutters.
What is the location like?
The property is located at 5505 NW 7th St #W406 in Miami, FL, 33126. It is described as being in a gated community in a sought-after central location.
Monthly Fees & Carrying Costs
| Association Fee | $436 / month |
| Total Monthly Fees | $436 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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Address
Open on Google Maps-
Address: 7th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33126
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Area: EL LAGO CONDO
Details
Updated on July 22, 2026 at 11:35 pm-
Property ID A11941147
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Price $239,900
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Property Size 888 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 0
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Year Built 1972
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features Other
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Cooling Central Air
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Association Type Condo
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Building EL LAGO CONDOMINIUM
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Association Fee Frequency Monthly
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Area El Lago Condo
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Annual Tax 3809
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Association Yes
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Elementary School Flagler; Henry M.
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Private Pool No
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Listing Terms Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision EL LAGO CONDO
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Total Stories 4
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Restrictions Corporate Buyer OK
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Maintenance Includes Trash Removal, Water
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Amenities Pool
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Parking 1 Space
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Heating None
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Structure Type Condo 1-4 Stories, Condo
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Tax Year 2025
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Construction Other
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Building Area 888
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Covered Spaces 0
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Middle School Kinlock Park
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Unit Floor 4
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View None
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Year Built Details Unknown
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High School South Miami
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Pets Allowed No
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Attached Yes
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Unit Number W406
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Half Bathrooms 0
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Flood Zone AH
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 0
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Style Condo 1-4 Stories
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Association Fee 436
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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