$374,000 - $390,000
RENTED AUG 26, 2025

5085 NW 7th St Unit 802 Miami, FL 33126

Flagami Neighborhood
2 Beds
2 Baths
914 Sq Ft
$418 Price per Sq Ft

Last Sold July 25, 2025

Last sale price $385,000 $421 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,482/month

Highlights

  • Lake Front
  • Gated with Attendant
  • No HOA
  • Dock Available
  • In Ground Pool
  • 1-minute walk to Antonio Maceo Park

About This Home

As of August 2025

2 bedroom, 2 full baths, 2 parking spaces, completely remodeled, stainless steel appliances, and fantastic water-view are just some of the things that make this unit so unique. Blue Lagoon Condominiums offer a range of premium amenities, including a clubhouse, designated BBQ areas, a children's playground, a heated swimming pool, a jacuzzi, a sauna, a fully equipped fitness center, electric vehicle charging stations, an on-site mini market, and more. Ideally situated in a central location close to Miami International Airport and highway access to Downtown and the beaches in minutes. Move-in ready and made to impress!

Last Agent to Rent the Property

Sarai Granda

Red House Realty, LLC License #3210969 Listed on: 07/26/2025

Last Renter's Agent

Luz Abreu

EXP Realty LLC License #3316750

EXP Realty LLC

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 2003

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 914 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Dock Available

Schools

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

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/26/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-31-31-032-2100

Community Details

Overview

  • No Home Owners Association
  • Blue Lagoon Condo
  • Blue Lagoon Condo Subdivision
  • 11-Story Property

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Complex Is Fenced

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,461

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-07-26
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Stock Cooperative
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 11
  • Structure Type: Condo/Co-Op/Annual, Co-Op
  • Subdivision Name: BLUE LAGOON CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour
  • Stories: 11

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 914
  • Stories: 11
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Lake
  • Construction Type: CBS Construction
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Gated with Guard

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 01-31-31-032-2100
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2025
Closed on
Jul 25, 2025
Sold by
Villamarin Jaime A and Villamarin Lizbeth
Bought by
Toro Juan C and Toro Sandra A
Seller's Agent
Sarai Granda
Red House Realty, LLC
Buyer's Agent
Luz Abreu
EXP Realty LLC
Sold Price
$2,700
Views
8
Current Estimated Value
$382,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,586
Avg. Annual Appreciation
-3.31%

Purchase Details

Closed on
May 7, 2020
Sold by
Villamarin Jaime A and Villamarin Lizbeth
Bought by
Villamarin Jaime A and Villamarin Lizbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2018
Sold by
All Bearing Investment Group Llc
Bought by
Villamarin Jaime Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Sosa Jose E
Bought by
All Bearing Investment Group Llc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Sattar Iqbal
Bought by
Citibank Na Tru

Purchase Details

Closed on
Mar 24, 2008
Sold by
Citibank Na
Bought by
Sosa Jose E

Purchase Details

Closed on
May 18, 2006
Sold by
Behar Alberto and Behar Doris
Bought by
Sattar Iqbal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,750
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2005
Sold by
Blue Lagoon Palace Inc
Bought by
Behar Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Interest Rate
2%
Mortgage Type
New Conventional
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
Toro Juan C $385,000 None Listed On Document
Toro Juan C $385,000 None Listed On Document
Villamarin Jaime A -- C & C Title Agency Inc
Villamarin Jaime Andres $236,000 C & C Title Agency Inc
All Bearing Investment Group Llc -- None Available
Citibank Na Tru $100 --
Sosa Jose E $92,000 Watson Title Insurance Agenc
Sattar Iqbal $435,000 None Available
Behar Albert $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villamarin Jaime A $181,000
Previous Owner Villamarin Jaime Andres $177,000
Previous Owner Sattar Iqbal $282,750
Previous Owner Behar Albert $281,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2025 08/26/25 Rented $2,700 -3.6% --
08/13/2025 08/13/25 Under Contract -- -- --
07/26/2025 07/26/25 For Rent $2,800 0.0% --
07/25/2025 07/25/25 Sold $385,000 -2.5% $421 / Sq Ft View Prior Sale
06/27/2025 06/27/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $395,000 0.0% $432 / Sq Ft
04/20/2015 04/20/15 Rented $1,650 0.0% --
03/21/2015 03/21/15 Under Contract -- -- --
03/17/2015 03/17/15 For Rent $1,650 -- --
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 $5,461 $289,292 -- --
2024 $5,060 $262,993 -- --
2023 $5,060 $239,085 $0 $0
2022 $4,481 $217,350 $0 $0
2021 $2,270 $148,614 $0 $0
2020 $2,235 $146,563 $0 $0
2019 $3,721 $174,300 $0 $0
2018 $2,998 $166,000 $0 $0
2017 $2,868 $120,287 $0 $0
2016 $2,801 $109,352 $0 $0
2015 $2,569 $99,411 $0 $0
2014 $2,442 $90,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11847601

MIAMI REALTORS® MLS

APN: 01-3131-032-2100