NOT LISTED FOR SALE

Blue Lagoon 5077 NW 7th St Unit 1504 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $269,061 - $339,000

1 Bed
1 Bath
685 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $193,000 $282 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,095/month

34 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Home fronts a lagoon or estuary
  • Private Dock
  • Newly Remodeled
  • Lagoon View

About This Home

As of September 2020

Completely remodeled unit with amazing lagoon views ready for you to move in! One bedroom - one bath apartment. Very spacious master suite with walk in closets. New porcelain floors, granite counter top in the kitchen, new appliances, new doors, new bathroom, new light fixtures and much more. Ample balcony with amazing views to the airport, the lagoon and the city. Ready for move in as soon as you close! Blinds will not be included in the sale. One parking space assigned. Incredible building amenities include: Covered parking garage, fully equipped business center, heated pool and spa, on site convenience store, bbq grills, clubrooms, security cameras, state-of-the-art health and fitness center, massage therapy and sauna, storage rooms available, valet parking, guarded gatehouse

Last Agent to Sell the Property

Estela Serrano

MMLS Assoc.-Inactive Member License #3327597 Listed on: 07/01/2020

Last Buyer's Agent

Arlene Carratala

First Service Realty ERA License #3408929

First Service Realty ERA

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 685 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Private Dock
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-032-4370

Community Details

Overview

  • Blue Lagoon Condo
  • Blue Lagoon Condo Subdivision
  • 17-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Business Center

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,895

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$328 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Stock Cooperative
  • Directions: Please use Waze to find out directions
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Co-Op
  • Subdivision Name: BLUE LAGOON CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 685
  • Possible Use: Primary
  • Stories: 17
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Lagoon
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 328
  • Amenities: Boat Dock, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Marina, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-032-4370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 17, 2020
Sold by
Hamwi Feras
Bought by
Sanchez Elianny
Seller's Agent
Estela Serrano
MMLS Assoc.-Inactive Member
Buyer's Agent
Arlene Carratala
First Service Realty ERA
List Price
$195,000
Sold Price
$193,000
Premium/Discount to List
-$2,000
-1.03%
Current Estimated Value
$291,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,515
Avg. Annual Appreciation
8.69%
Original Mortgage
$152,000
Outstanding Balance
$135,501
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$156,014

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 14, 2018
Sold by
Laffe Investments Llc
Bought by
Hamwi Feras
Seller's Agent
Elvira Pascual
Pascual & Associates Realty
Buyer's Agent
Estela Serrano
MMLS Assoc.-Inactive Member
List Price
$175,000
Sold Price
$187,500
Premium/Discount to List
$12,500
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$150,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Iaffe Investments Llc

Purchase Details

Closed on
Dec 13, 2010
Sold by
Rager Dorys
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Dec 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Oct 8, 2010
Sold by
Rager Dorys E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2007
Sold by
Blue Lagoon Palace Inc
Bought by
Rager Dorys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Elianny $190,000 Coronado Title Inc
Hamwi Feras $187,500 Attorney
Iaffe Investments Llc $88,000 Boston Natl Title Agency Llc
Suntrust Mortgage Inc -- --
Suntrust Mortgage Inc $88,000 Boston Natl Title Agency Llc
Federal National Mortgage Association $45,100 None Available
Federal National Mortgage Association $45,100 None Available
Rager Dorys $355,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Elianny $26,000
Open Sanchez Elianny $152,000
Previous Owner Hamwi Feras $150,000
Previous Owner Rager Dorys $337,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $193,000 -1.0% $282 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $195,000 +4.0% $285 / Sq Ft
09/14/2018 09/14/18 Sold $187,500 +1.4% $274 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $185,000 +5.7% $270 / Sq Ft
06/05/2018 06/05/18 For Sale $175,000 0.0% $255 / Sq Ft
04/01/2018 04/01/18 Rented $1,400 +0.7% --
03/12/2018 03/12/18 Under Contract -- -- --
02/27/2018 02/27/18 For Rent $1,390 0.0% --
02/01/2018 02/01/18 Rented $1,390 0.0% --
12/15/2017 12/15/17 Under Contract -- -- --
10/04/2017 10/04/17 For Rent $1,390 +15.8% --
10/15/2013 10/15/13 Rented $1,200 -4.0% --
10/15/2013 10/15/13 For Rent $1,250 +4.2% --
03/11/2013 03/11/13 Rented $1,200 0.0% --
03/11/2013 03/11/13 For Rent $1,200 +14.3% --
02/24/2012 02/24/12 Rented $1,050 -16.0% --
01/25/2012 01/25/12 Under Contract -- -- --
11/23/2011 11/23/11 For Rent $1,250 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $2,179 $154,895 -- --
2024 $2,144 $150,530 -- --
2023 $2,144 $146,146 $0 $0
2022 $2,059 $141,890 $0 $0
2021 $2,040 $137,758 $0 $0
2020 $3,033 $142,388 $0 $0
2019 $2,895 $135,608 $0 $0
2018 $2,541 $129,150 $0 $0
2017 $2,421 $106,936 $0 $0
2016 $2,311 $97,215 $0 $0
2015 $2,284 $88,378 $0 $0
2014 $2,171 $80,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10885508

MIAMI REALTORS® MLS

APN: 01-3131-032-4370