$298,000

Estimated payment $2,330/month

Total Views 732
1 Bed
1 Bath
685 Sq Ft
$435 Price per Sq Ft

Highlights

  • Popular Property
  • Fitness Center
  • Garden View
  • Boat Dock
  • Clubhouse
  • 1 Car Attached Garage

About This Home

Great investment opportunity – unit rented until August 2026! Welcome to Blue Lagoon Condominiums! This bright and spacious 1-bedroom, 1-bath unit on the 11th floor features an open space floor plan, modern kitchen with stainless steel appliances, in-unit washer/dryer, and a private balcony. Enjoy resort-style amenities including a heated pool, gym, spa, BBQ areas, mini golf, convenience store, EV charging station, and 24/7 security. Ideally located near Miami International Airport, Coral Gables, Brickell, and major highways. Perfect as a primary residence or investment property. All information deemed reliable but not guaranteed.

Listing Agent

Christian Leeming

Lapeyre Realty Inc License #3182901 Listed on: 09/01/2025

Lapeyre Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 2003 | Remodeled

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 685 Sq Ft Home
  • Awning
  • Vertical Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Dock Available
  • Outdoor Grill

Schools

  • Flagler; Henry M. Elementary School
  • Kinlock Park Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-032-5250

Community Details

Overview

  • High-Rise Condominium
  • Blue Lagoon Condos
  • Blue Lagoon Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 17-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Lobby
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,828

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Located just off NW 7th Street and close to the Palmetto Expressway (SR 826) and Dolphin Expressway (SR 836), 5077 NW 7th St is easily accessible from anywhere in Miami. It's just minutes from Miami International Airport, Coral Gables, and Downtown Miami.
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BLUE LAGOON CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator, Walk-In Closet(s), No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Living Area: 685
  • Other Equipment: Elevator
  • Stories: 17
  • Window Features: Blinds, Verticals
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BLUE LAGOON
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Additional Spaces Available, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 424
  • Amenities: Boat Dock, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Flagler; Henry M.
  • High School: South Miami
  • Middle Or Junior School: Kinlock Park

Lot Info

  • Parcel Number: 01-31-31-032-5250

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3828

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,828 $196,604 -- --
2024 $3,544 $178,731 -- --
2023 $3,544 $162,483 $0 $0
2022 $3,089 $147,712 $0 $0
2021 $2,853 $134,284 $0 $0
2020 $2,860 $134,284 $0 $0
2019 $2,730 $127,890 $0 $0
2018 $2,551 $121,800 $0 $0
2017 $2,580 $121,800 $0 $0
2016 $2,532 $116,000 $0 $0
2015 $2,513 $108,258 $0 $0
2014 $2,375 $98,417 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $298,000 0.0% $435 / Sq Ft
08/29/2025 08/29/25 Rented $2,000 -4.8% --
07/21/2025 07/21/25 For Rent $2,100 0.0% --
02/08/2023 02/08/23 Rented $2,100 0.0% --
02/07/2023 02/07/23 Under Contract -- -- --
02/07/2023 02/07/23 For Rent $2,100 0.0% --
03/24/2022 03/24/22 Rented $2,100 0.0% --
02/20/2022 02/20/22 Under Contract -- -- --
02/18/2022 02/18/22 For Rent $2,100 0.0% --
01/29/2020 01/29/20 Sold $150,000 -6.3% $219 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $160,000 0.0% $234 / Sq Ft
09/04/2015 09/04/15 Rented $1,300 -3.7% --
08/05/2015 08/05/15 Under Contract -- -- --
07/24/2015 07/24/15 For Rent $1,350 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Transfer Title Services Inc
Warranty Deed $110,000 Attorney
Trustee Deed $67,100 None Available
Special Warranty Deed $329,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $263,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11855180

MIAMI REALTORS® MLS

APN: 01-3131-032-5250