$370,000
$39K PRICE DROP

Blue Lagoon 5077 NW 7th St Unit 508 Floor 5 Miami, FL 33126

Flagami Neighborhood

Estimated payment $2,991/month

Total Views 2,304
2 Beds
2 Baths
922 Sq Ft
$401 Price per Sq Ft

Highlights

  • Fitness Center
  • Home fronts a lagoon or estuary
  • Wood Flooring
  • Heated Pool
  • Clubhouse
  • Sauna

About This Home

Enjoy this bright and spacious 2-bed, 2-bath condo as you primary residence, or take advantage of its strong, consistent rental history! The open-concept layout creates an airy and inviting atmosphere, while the private balcony overlooking the pool offers the perfect spot for peaceful mornings or relaxing evenings. Within the gated community, you’ll enjoy access to a fully equipped gym, sauna, pool table, beauty salon and ping-pong area , Electric Vehicle (EV) charging station — all with 24/7 guard security for added peace of mind. Close to MIA airport, Downtown and the beaches.

Listing Agent

Zoila Oro

Zoila M Oro License #3034683 Listed on: 04/15/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 2003

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 922 Sq Ft Home
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Heated Pool

Listing and Financial Details

  • Assessor Parcel Number 0131310324800

Community Details

Overview

  • Association fees include common areas, maintenance structure, pool(s)
  • Blue Lagoon Condo Subdivision
  • Maintained Community
  • 17-Story Property

Amenities

  • Picnic Area
  • Sauna
  • Billiard Room
  • Business Center
  • Elevator
  • Bike Room

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,914

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$570 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Dolphin Expy/FL-836 to N.W. 57 Th Avenue. Exit on 57th Ave to NW 7 ST. Turn left to Blue Lagoon Condos on the left hand side
  • Year Built: 2003
  • Entry Level: 5
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Separate Shower
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 922.0
  • Stories: 17

Exterior Features

  • View: Pool
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Security: Fire Alarm, Key Card Entry, Smoke Detector(s), Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 570.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Picnic Area, Playground, Pool, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pool(s)

Schools

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

Lot Info

  • Parcel #: 0131310324800
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4914.0

Map

About Blue Lagoon

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,548 $230,825
2024 $4,161 $209,841
2023 $4,161 $190,765 $0 $0
2022 $3,627 $173,423 $0 $0
2021 $3,350 $157,658 $0 $0
2020 $3,287 $154,350 $0 $0
2019 $3,295 $154,350 $0 $0
2018 $3,079 $147,000 $0 $0
2017 $3,114 $147,000 $0 $0
2016 $3,068 $137,346 $0 $0
2015 $2,776 $124,860 $0 $0
2014 $2,697 $118,910 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2026 06/13/26 Price Changed $370,000 -9.5% $401 / Sq Ft
04/15/2026 04/15/26 For Sale $409,000 0.0% $444 / Sq Ft
02/27/2025 02/27/25 Rented $2,500 -7.4% --
02/21/2025 02/21/25 Under Contract -- -- --
01/09/2025 01/09/25 For Rent $2,700 +12.5% --
01/02/2024 01/02/24 Rented $2,400 0.0% --
12/03/2023 12/03/23 Under Contract -- -- --
11/24/2023 11/24/23 For Rent $2,400 +41.2% --
01/10/2020 01/10/20 Rented $1,700 -2.9% --
12/13/2019 12/13/19 For Rent $1,750 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $345,000 Attorney
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A12001613

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3131-032-4800

Florida Miami/Dade County Miami 33126 Flagami

5077 NW 7th St Unit 508, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Zoila Oro
Listing Agent
Zoila Oro
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Zoila M Oro
(305) 606-5381
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