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  5. 5501 Nw 7th St
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5501 Nw 7th St

5501 Nw 7th St, Miami, FL, 33126

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

46

UNIT SIZE RANGE

662-991 sqft

Description

5501 NW 7th St sits in Miami, Florida, close to the intersection of West Flagler Street and NW 57th Avenue. This mid-rise building rises 4 stories high and contains 46 condominium units. Constructed in 1972, the building offers a range of unit sizes from 662 to 991 square feet. Units feature 1 or 2 bedrooms, with some overlooking the tranquil Blue Lagoon. The property enjoys waterfront views, enhancing the appeal of its surroundings. Each unit is priced between $270,000 and $275,000. The average closed price for the past year is around $265,000, with the lowest sold price noted at $255,000. The average price per square foot is $295. Homes usually stay on the market for about 128 days. Residents benefit from various amenities including a private pool, laundry facilities on every floor, and elevators. Security cameras throughout the building enhance safety. The pool overlooks the lagoon, providing a lovely place to relax. A gated community adds an extra layer of security for its occupants. Local dining options include Bomdia Cafe and Blue Lagoon Cafe, adding flavor to the area. Families can access nearby educational facilities like Two Innovate IT Inc. The location also offers easy access to major highways and is not far from Miami International Airport. The building combines comfortable living with a prime location. The views and the amenities create an inviting atmosphere. This property offers a nice blend of convenience and comfort, appealing to those who appreciate waterfront living in Miami. The overall setting supports a lively lifestyle while ensuring a sense of community.

Building ImageMLS ID #A11717275
Building ImageMLS ID #A11668321
Building Image
Building ImageView Listing

5501 Nw 7th St

5501 Nw 7th St, Miami, FL, 33126

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

46

UNIT SIZE RANGE

662-991 sqft

Description

5501 NW 7th St sits in Miami, Florida, close to the intersection of West Flagler Street and NW 57th Avenue. This mid-rise building rises 4 stories high and contains 46 condominium units. Constructed in 1972, the building offers a range of unit sizes from 662 to 991 square feet. Units feature 1 or 2 bedrooms, with some overlooking the tranquil Blue Lagoon. The property enjoys waterfront views, enhancing the appeal of its surroundings. Each unit is priced between $270,000 and $275,000. The average closed price for the past year is around $265,000, with the lowest sold price noted at $255,000. The average price per square foot is $295. Homes usually stay on the market for about 128 days. Residents benefit from various amenities including a private pool, laundry facilities on every floor, and elevators. Security cameras throughout the building enhance safety. The pool overlooks the lagoon, providing a lovely place to relax. A gated community adds an extra layer of security for its occupants. Local dining options include Bomdia Cafe and Blue Lagoon Cafe, adding flavor to the area. Families can access nearby educational facilities like Two Innovate IT Inc. The location also offers easy access to major highways and is not far from Miami International Airport. The building combines comfortable living with a prime location. The views and the amenities create an inviting atmosphere. This property offers a nice blend of convenience and comfort, appealing to those who appreciate waterfront living in Miami. The overall setting supports a lively lifestyle while ensuring a sense of community.

Next

Description

5501 NW 7th St sits in Miami, Florida, close to the intersection of West Flagler Street and NW 57th Avenue. This mid-rise building rises 4 stories high and contains 46 condominium units. Constructed in 1972, the building offers a range of unit sizes from 662 to 991 square feet. Units feature 1 or 2 bedrooms, with some overlooking the tranquil Blue Lagoon. The property enjoys waterfront views, enhancing the appeal of its surroundings. Each unit is priced between $270,000 and $275,000. The average closed price for the past year is around $265,000, with the lowest sold price noted at $255,000. The average price per square foot is $295. Homes usually stay on the market for about 128 days. Residents benefit from various amenities including a private pool, laundry facilities on every floor, and elevators. Security cameras throughout the building enhance safety. The pool overlooks the lagoon, providing a lovely place to relax. A gated community adds an extra layer of security for its occupants. Local dining options include Bomdia Cafe and Blue Lagoon Cafe, adding flavor to the area. Families can access nearby educational facilities like Two Innovate IT Inc. The location also offers easy access to major highways and is not far from Miami International Airport. The building combines comfortable living with a prime location. The views and the amenities create an inviting atmosphere. This property offers a nice blend of convenience and comfort, appealing to those who appreciate waterfront living in Miami. The overall setting supports a lively lifestyle while ensuring a sense of community.

5501 Nw 7th St Key Stats Last 12 months

Avg. Listed Price$266,334($294/Sqft.)
Avg. Sale Price$265,000($295/Sqft.)
Year over year list priceUp Arrow19.25%
Year over year sale priceUp Arrow 40.58%
Total Listings3 Listed
Total sold4 Sold
Average Days on Market128 days
Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceUp Arrow19.25%
Year over year sale priceUp Arrow40.58%
Total Listings3 Listed
Total sold4 Sold
Average Days on Market128 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5501 Nw 7th St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit E318E31888222492024-11-18
MLS#: A11668321 		Closed$270,000
Unit E309E30998022422023-10-31
MLS#: A11455820 		Closed$245,000
Unit E109E10998022692023-10-19
MLS#: A11434400 		Closed$275,000
Unit E109
E109

2 Beds

2 Baths

980 sqft

DateStatusPrice
2023-10-19Closed$275,000
MLS#: A11434400
Days On Market69
Unit E309
E309

2 Beds

2 Baths

980 sqft

DateStatusPrice
2023-10-31Closed$245,000
MLS#: A11455820
Days On Market42
Unit E318
E318

2 Beds

2 Baths

882 sqft

DateStatusPrice
2024-11-18Closed$270,000
MLS#: A11668321
Days On Market49
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

One of the highlights of living at El Lago is undoubtedly the private pool area, inviting you to unwind after a long day or to host weekend get-togethers with friends. The convenience of on-site laundry means you won’t have to go far for chores, leaving you more time to explore everything Miami has to offer. Additionally, the building policies regarding pets allow you to bring along a furry friend, with a maximum weight limit of 20 lbs, ensuring you won’t have to miss out on their companionship.

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Amenities Description

One of the highlights of living at El Lago is undoubtedly the private pool area, inviting you to unwind after a long day or to host weekend get-togethers with friends. The convenience of on-site laundry means you won’t have to go far for chores, leaving you more time to explore everything Miami has to offer. Additionally, the building policies regarding pets allow you to bring along a furry friend, with a maximum weight limit of 20 lbs, ensuring you won’t have to miss out on their companionship.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Private Pool

Private Pool

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

While settling into your new condo, it's always good to be aware of the building policies. El Lago Condo has some restrictions in place that help maintain a peaceful environment for all residents. It’s a friendly reminder to ensure everyone can enjoy their space fully.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5501 Nw 7th St$295/sqft.$3 /sqft.
5505 Nw 7th St$318/sqft.$3 /sqft.
5249 Nw 7th St$299/sqft.$2 /sqft.
Aragon Towers Condo$307/sqft.$2 /sqft.
5280 Nw 7th St$334/sqft.$3 /sqft.
5199 Nw 7th St$292/sqft.$3 /sqft.

Nearby Schools

5501 Nw 7th St is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Henry M. Flagler Elementary School

B
Public|Grades PK–5
5222 NW 1st St|0.51 miles away

Fairlawn Elementary School

B
Public|Grades PK–5
444 SW 60th Ave|0.99 miles away

Bamby's Day Care Center

--
Private|Grades PK–3
860 NW 44th Ave|1.02 miles away

Kinloch Park Middle School

C-
Public|Grades 6–8
4340 NW 3rd St|1.17 miles away

Yin Yang Academy

--
Private|Grades PK–6
6031 SW 8th St|1.18 miles away

Acceleration Academies Lejeune

--
Public|Grades 9–12
550 NW 42nd Ave|1.26 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

5501 Nw 7th St is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Henry M. Flagler Elementary School

B
Public|Grades PK–5
5222 NW 1st St|Less than 1 Mile Away

Fairlawn Elementary School

B
Public|Grades PK–5
444 SW 60th Ave|Less than 1 Mile Away

Bamby's Day Care Center

--
Private|Grades PK–3
860 NW 44th Ave|1.02 Miles Away

Kinloch Park Middle School

C-
Public|Grades 6–8
4340 NW 3rd St|1.17 Miles Away

Yin Yang Academy

--
Private|Grades PK–6
6031 SW 8th St|1.18 Miles Away

Acceleration Academies Lejeune

--
Public|Grades 9–12
550 NW 42nd Ave|1.26 Miles Away

Kinlock Park Elementary School

B
Public|Grades PK–5
4275 NW 1st St|1.26 Miles Away

Ebenezer Day Care

--
Private|Grades PK–2
4111 SW 4th St|1.50 Miles Away

The Biltmore School

--
Private|Grades PK–8
1600 SW 57th Ave|1.58 Miles Away

Sylvania Heights Elementary School

A-
Public|Grades PK–5
5901 SW 16th St|1.61 Miles Away

Gables Montessori School

--
Private|Grades PK–KG
990 S Le Jeune Rd|1.72 Miles Away

Lincoln=Marti School

--
Private|Grades PK–3
1335 SW 67th Ave|1.86 Miles Away

Green Springs High School

--
Public|Grades 9–12
3555 NW 7th St|1.99 Miles Away

Transit

Set in West Flagler, 5501 Nw 7th St provides residents with convenient access to public transit across Miami. Multiple Bus, Tram are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

5201 BLUE LAGOON DR

0.34 miles away|7 min walk

BLUE LAGOON DR & # 5500

0.24 miles away|5 min walk

BLUE LAGOON DR@# 5757

0.5 miles away|10 min walk

BLUE LAGOON DR & # 5800

0.5 miles away|10 min walk

BLUE LAGOON DR & # 5820

0.64 miles away|13 min walk

BLUE LAGOON DR & # 5835

0.64 miles away|13 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in West Flagler, 5501 Nw 7th St provides residents with convenient access to public transit across Miami. Multiple Bus, Tram are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

5201 BLUE LAGOON DR

0.34 miles away|7 min walk

BLUE LAGOON DR & # 5500

0.24 miles away|5 min walk

BLUE LAGOON DR@# 5757

0.5 miles away|10 min walk

BLUE LAGOON DR & # 5800

0.5 miles away|10 min walk

BLUE LAGOON DR & # 5820

0.64 miles away|13 min walk

BLUE LAGOON DR & # 5835

0.64 miles away|13 min walk

BLUE LAGOON DR & # 6100

0.8 miles away|16 min walk

BLUE LAGOON DR & # 6161

0.77 miles away|15 min walk

CHARLIE DELUCCA PARK

0.81 miles away|16 min walk

GALIANO ST@ANTIQUERA AV

1.99 miles away|39 min walk

LE JEUNE RD & W FLAGLER ST

1.38 miles away|27 min walk

MIAMI INTERMODAL CENTER

1.98 miles away|38 min walk

MIAMI INTL AIRPORT GROUND LEVEL

1.21 miles away|24 min walk

NW 11 ST & OP #5500 (W/M)

0.25 miles away|5 min walk

NW 2ND ST @ NW 37TH AVE

1.81 miles away|35 min walk

NW 2ND TERR @ NW 37TH AVE

1.79 miles away|35 min walk

NW 36 ST & # 5600

2 miles away|39 min walk

NW 37 AV & 7 ST

1.79 miles away|35 min walk

NW 37 AV & NW 11 ST

1.8 miles away|35 min walk

NW 37 AV & NW 12 TE

1.82 miles away|35 min walk

NW 37 AV & NW 14 ST

1.86 miles away|36 min walk

NW 37 AV & NW 14 TE

1.89 miles away|37 min walk

NW 37 AV & NW 16 ST

1.9 miles away|37 min walk

NW 37 AV & NW 17 ST

1.94 miles away|38 min walk

NW 37 AV & NW 18 TE

1.98 miles away|38 min walk

NW 37 AV & NW 2 ST

1.83 miles away|36 min walk

NW 37 AV & NW 4 ST

1.81 miles away|35 min walk

NW 37 AV & NW 4 TE

1.8 miles away|35 min walk

NW 37 AV & NW 9 ST

1.79 miles away|35 min walk

NW 3RD ST @ NW 42ND AVE

1.29 miles away|25 min walk

NW 42 AV & NW 11 ST

1.3 miles away|25 min walk

NW 42 AV & NW 14 ST

1.41 miles away|28 min walk

NW 42 AV@NW 25 ST

1.85 miles away|36 min walk

NW 42 AV & NW 27 ST

1.94 miles away|38 min walk

NW 42 AV & NW 2 ST

1.35 miles away|26 min walk

NW 42 AV & NW 4 ST

1.29 miles away|25 min walk

NW 42 AV & NW 5 ST

1.3 miles away|25 min walk

NW 42 AV & NW 7 ST

1.27 miles away|25 min walk

NW 42 CT @ NW TAMIAMI CANAL DR

1.47 miles away|29 min walk

NW 47TH AVE @ W FLAGLER ST

0.93 miles away|18 min walk

NW 57 AV & NW 2 ST

0.45 miles away|9 min walk

NW 57 AV & NW 5 ST

0.29 miles away|6 min walk

NW 57 AV & NW 7 ST

0.26 miles away|5 min walk

NW 57 AV & W FLAGLER ST

0.57 miles away|12 min walk

NW 62 AV@NW 7 ST

0.83 miles away|16 min walk

NW 72 AV & # 1851 (APPROX)

1.98 miles away|38 min walk

NW 72 AV & NW 16 ST

1.98 miles away|38 min walk

NW 72 AV & NW 2 TE

1.77 miles away|34 min walk

NW 72 AV & NW 7 ST

1.74 miles away|34 min walk

NW 7 ST & 40 AV

1.32 miles away|26 min walk

The Neighbourhood: West Flagler

West Flagler sits in Miami-Dade County near central Miami. This district contains parks such as Tropical Park and Domino Park for walking and sports. The area hosts attractions like Zoo Miami and Jungle Island for wildlife visits. Restaurants like Versailles and El Palacio de los Jugos serve Cuban and local food to residents. Bars such as Ball and Chain and Hoy Como Ayer offer live music and drinks in nearby nightlife spots. Metrorail and Metrobus provide local transit options for daily trips. Brightline and Tri-Rail link the district to regional rail service. Miami International Airport serves as a major travel hub close to the area. LoanDepot Park brings baseball events and large crowds to the neighborhood. Small shops and bakeries line many blocks and support daily needs. Community centers run programs for families and seniors inside the district. Developers and long time owners maintain many older homes and small apartment buildings. Buses and trains move workers to jobs across the county. Crime and planning reports shape city projects in the area. Data shows that the most common age group falls between 50 to 54 years old and that households with 2 people make up the largest share.

Next

Neighbourhood Description

West Flagler sits in Miami-Dade County near central Miami. This district contains parks such as Tropical Park and Domino Park for walking and sports. The area hosts attractions like Zoo Miami and Jungle Island for wildlife visits. Restaurants like Versailles and El Palacio de los Jugos serve Cuban and local food to residents. Bars such as Ball and Chain and Hoy Como Ayer offer live music and drinks in nearby nightlife spots. Metrorail and Metrobus provide local transit options for daily trips. Brightline and Tri-Rail link the district to regional rail service. Miami International Airport serves as a major travel hub close to the area. LoanDepot Park brings baseball events and large crowds to the neighborhood. Small shops and bakeries line many blocks and support daily needs. Community centers run programs for families and seniors inside the district. Developers and long time owners maintain many older homes and small apartment buildings. Buses and trains move workers to jobs across the county. Crime and planning reports shape city projects in the area. Data shows that the most common age group falls between 50 to 54 years old and that households with 2 people make up the largest share.

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5501 Nw 7th St Demographics

Age Demographics

0–14 Years

12.65%

15–29 Years

16.23%

30–44 Years

19.85%

45–59 Years

22.73%

60+ Years

28.53%

Commute

3.21%

Transit

1.69%

Walk

86.42%

Drive

0.2%

Bike

Housing Ownership

39.37%

Owner Occupied

60.63%

Rental Units

Household Types

Single Family
30.74%
Multi Family
8.28%
Single Person
29.15%
Multi Person
70.85%

Average Income

Household:$4,624,993.32 /yr

Individual:$2,317,505.84 /yr

Education

Bachelors Degree18.58%
High School College30.26%
Diploma9.66%
Post Graduate7.1%
Others34.41%
Next

Education

Diploma9.66%
Post Graduate7.1%
Others34.41%
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  2. /Miami, FL
  3. /
    5501 Nw 7th St
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North Bay VIllage, FL, 33141

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