$385,000
SOLD JUL 25, 2025

5085 NW 7th St Unit 802 Miami, FL 33126

Flagami Neighborhood
2 Beds
2 Baths
914 Sq Ft
$565/mo HOA Fee

Recently Sold

$421 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Lake Front
  • Private Guards
  • Cooking Island
  • Private Dock
  • Community Pool
  • 1-minute walk to Antonio Maceo Park

About This Home

As of July 2025

Bright and spacious 2-bedroom, 2-bathroom unit with serene lake views in the sought-after Blue Lagoon Condominiums. Features wood-look tile floors throughout, updated open kitchen with stainless steel appliances, and a comfortable split floor plan. Enjoy the balcony with peaceful water views, perfect for morning coffee or evening sunsets. Washer and dryer in unit. Rare unit with two parking spaces offering added convenience for residents or guests. Blue Lagoon offers resort-style amenities including Olympic-size heated pool, jacuzzi, fitness center, sauna, clubhouse, BBQ areas, EV charging stations, convenience store, 24/7 security, and more. Centrally located near Miami International Airport, major expressways, shopping centers, and minutes from Coral Gables, Downtown.

Last Agent to Sell the Property

Luz Abreu

EXP Realty LLC License #3316750 Listed on: 06/17/2025

EXP Realty LLC

Last Buyer's Agent

Sarai Granda

Red House Realty, LLC License #3210969

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 2003

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 914 Sq Ft Home
  • Vertical Blinds
  • Sliding Windows
  • Family or Dining Combination
  • Lake Views
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Dock
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-032-2100

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Security Guard
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,461

Year Built

Built in 2003

Lot Details

0

HOA Fees

$565 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Take FL-836 W (Dolphin Expressway) and exit at NW 57th Ave/Red Road. Head south on NW 57th Ave, then turn right on NW 7th Street. Continue straight and turn left onto NW 47th Terrace into the Blue Lagoon Condominium entrance.
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BLUE LAGOON CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Furnished: Unfurnished
  • Living Area: 914
  • Possible Use: Primary
  • Stories: 17
  • Window Features: Clear Impact Glass, High Impact Windows, Sliding, Verticals
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Assigned, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Complex Fenced, Card Entry, Guard At Site, Private Guards, TV Camera

Condo/Co-op/Association

  • Association Fee: 565
  • Amenities: Barbecue, Boat Dock, Elevator(s), Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-032-2100

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5461

Ownership History

Date Name Owned For Owner Type

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
Outstanding Balance
$161,091
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$228,974

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- C & C Title Agency Inc
Warranty Deed $236,000 C & C Title Agency Inc
Quit Claim Deed -- None Available
Deed $100 --
Special Warranty Deed $92,000 Watson Title Insurance Agenc
Warranty Deed $435,000 None Available
Special Warranty Deed $313,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $181,000 New Conventional
Previous Owner $177,000 New Conventional
Previous Owner $282,750 Fannie Mae Freddie Mac
Previous Owner $281,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: A11823961

MIAMI REALTORS® MLS

APN: 01-3131-032-2100