$255,600 - $282,000
RENTED MAY 30, 2025

5085 NW 7th St Unit 511 Miami, FL 33126

Flagami Neighborhood
1 Bed
1 Bath
685 Sq Ft
2003 Built

Highlights

  • Fitness Center
  • Home fronts a lagoon or estuary
  • Lagoon View
  • Gated with Attendant
  • Above Ground Pool
  • 1-minute walk to Antonio Maceo Park

About This Home

As of May 2025

FOR RENT 1 Bedroom, 1 Bathroom apartment at the Famous Blue Lagoon Condominium. NEW Laminated wood floors, NEW Paint, NEW Glass top Range, NEW Quartz Counter Top, Washer and Dryer in Unit. SPA, Fitness Center, Club House, Huge Pool and Jacuzzi with Blue Lagoon View. Marina for JetSki and Small Boats. 24 Hrs Security patrol and this is a gated community. CCTVin all areas. Fully stocked mini-market. Management office on site. Blue Lagoon Condo is conveniently located, very Close to the Miami International Airport (MIA), Downton Miami, Brickell and Coral Gables Area, FloridaInternational University, University of Miami, Jackson Hospital, Mall de las Americas, Costco, and much more important locations. Easy Access to the 826 (Palmetto) and 836 (Dolphin) Express Way. Schedule an appointment Now

Last Agent to Rent the Property

Rafael Zuzolo

Miami Business Brokers License #3239358 Listed on: 05/07/2025

Miami Business Brokers

Co-Listed By

Loredana Caruana

Realty One Group Evolution License #3340627

Last Renter's Agent

Janim Paez

Miami Realty Solution Group License #3320407

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 2003

Lot Details

  • Home fronts a lagoon or estuary

Parking

  • 1 Car Garage
  • Guest Parking
  • Secure Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 685 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Lagoon Views

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Porch

Utilities

  • Cooling Available
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/15/25
  • Assessor Parcel Number 01-31-31-032-3240

Community Details

Overview

  • Blue Lagoon Condo
  • Blue Lagoon Condo Subdivision
  • Mandatory Home Owners Association
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse
  • Game Room
  • Community Center

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,597

Year Built

Built in 2003

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-05-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LUXR1
  • Co List Office Phone: 786-477-4715
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BLUE LAGOON CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 685
  • Spa Features: Community
  • Stories: 1
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Concrete
  • View: Lagoon
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Additional Spaces Available, Guest

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Security: Fire Alarm, Smoke Detector, Key Card Entry, Complex Fenced, Gated with Guard, Key/Card Entry Parking, Security Patrol

Condo/Co-op/Association

  • Amenities: Activity Room, Clubhouse, Community Pool, Exercise Room, Maintained Community, Management On Site, Security Patrol
  • Association: No
  • Community Features: Recreation Facilities, Gated, Clubhouse, Pool, Exercise Room, Game Room, Gated Community, Maintained Community, Management On Site, Mandatory Hoa, Picnic Area, Security Patrol, Sidewalks, Spa/Hot Tub, Street Lights, Whirlpool

Lot Info

  • Parcel Number: 01-31-31-032-3240
  • Land Lease Amount Frequency: Annually
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2009
Sold by
Karim Matos Inc
Bought by
Totum Property Llc
Current Estimated Value
$271,900

Purchase Details

Closed on
Oct 2, 2009
Sold by
Blue Lagoon Condominium Association Inc
Bought by
Karim Matos Inc

Purchase Details

Closed on
May 4, 2009
Sold by
Jahrmarkt Scott
Bought by
Homesales Inc Of Delaware

Purchase Details

Closed on
Mar 26, 2008
Sold by
Jahrmarkt Esperanza
Bought by
Homesales Inc Of Delaware

Purchase Details

Closed on
Feb 2, 2007
Sold by
Kapital Llc
Bought by
Jahrmarkt Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2006
Sold by
Islay Rizo
Bought by
Kapital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2006
Sold by
Rodriguez Oscar and Rodriguez Gisela
Bought by
Islay Rizo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Blue Lagoon Palace Inc
Bought by
Rodriguez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Totum Property Llc $69,900 Attorney
Karim Matos Inc $44,200 None Available
Homesales Inc Of Delaware -- Attorney
Homesales Inc Of Delaware -- Attorney
Jahrmarkt Esperanza $350,000 Attorney
Kapital Llc -- None Available
Islay Rizo $265,000 None Available
Rodriguez Oscar $229,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jahrmarkt Esperanza $332,500
Previous Owner Islay Rizo $212,000
Previous Owner Rodriguez Oscar $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Rented $2,000 0.0% --
05/14/2025 05/14/25 Under Contract -- -- --
05/07/2025 05/07/25 For Rent $2,000 +60.0% --
07/14/2015 07/14/15 Rented $1,250 0.0% --
07/14/2015 07/14/15 For Rent $1,250 +8.7% --
11/14/2013 11/14/13 Rented $1,150 -4.2% --
11/14/2013 11/14/13 For Rent $1,200 +14.3% --
01/09/2012 01/09/12 Rented $1,050 -16.0% --
12/10/2011 12/10/11 Under Contract -- -- --
07/22/2011 07/22/11 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 $3,597 $184,739 -- --
2024 $3,331 $167,945 -- --
2023 $3,331 $152,678 $0 $0
2022 $2,903 $138,799 $0 $0
2021 $2,681 $126,181 $0 $0
2020 $2,538 $126,181 $0 $0
2019 $2,351 $120,172 $0 $0
2018 $2,129 $114,450 $0 $0
2017 $2,033 $86,869 $0 $0
2016 $1,943 $78,972 $0 $0
2015 $1,856 $71,793 $0 $0
2014 $1,764 $65,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11797938

MIAMI REALTORS® MLS

APN: 01-3131-032-3240