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Built in 1972 - 144 units - 4 floors

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Building Information

el Lago (East&West)

Number of units: 144
Active listings for rent: 2
Active listings for sale: 2
Building inventory for sale: 1%
Number of sales over the last 12 months: 7
Number of sales over the last 6 months: 5
Number of sales over the last 3 months: 0
Avg. time to close over last 12 months: 19 days

Address

5501 NW 7 St, Miami, Miami-Dade, FL, 33126

EL LAGO N.W. 7TH
CONDOMINIUM ASSOCIATION, INC

Recent Sales

Unit # Size Closing Date Sale Price PPSF
E118 662 sq ft Dec 2023 $199,999 $302
E412 662 sq ft Dec 2023 $180,000 $272
E309 980 sq ft Oct 2023 $245,000 $250
E109 980 sq ft Oct 2023 $275,000 $281
W408 980 sq ft Oct 2023 $245,000 $250

Market Information

Building vs Area

el Lago (East&West): $315/sq. ft.
Miami: $671/sq. ft.

Area vs City

Miami $671/sq. ft.
Miami-Dade $704/sq. ft.

Inventory for sale

Miami: 4%
Miami-Dade: 3%

Avg. time to close over last 12 months

el Lago (East&West) 19 days
Miami: 85 days
Miami-Dade: 81 days