NOT LISTED FOR SALE

Blue Lagoon 5085 NW 7th St Unit 907 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $262,820 - $299,000

1 Bed
1 Bath
685 Sq Ft
2003 Built

Sale Details

Date Sold: June 3, 2022

Last sale price $250,000 $365 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,021 / mo

16 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Security Guard
  • Fitness Center
  • Elevator
  • 1-minute walk to Antonio Maceo Park

About This Home

As of June 2022

Spectacular one bedroom condo priced right! Blue Lagoon Condominiums provides a tropical resort-style escape in the heart of Miami. It has spectacular amenities that include: business center, heated pool, Jacuzzi, fitness center, grocery, spa/sauna, beauty salon, 7 BBQ in front of the lagoon, mini golf, kids play area, area for events and outdoor activities. Conveniently located in Central Miami, close to I95 and close to Downtown and the beaches in minutes.

Last Agent to Sell the Property

Jose Perez

JMP International Realty LLC License #3183072 Listed on: 04/26/2022

Last Buyer's Agent

Rocio Useche

Brown Harris Stevens License #3023717

Brown Harris Stevens

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 2003

Lot Details

HOA Fees

  • $382 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 685 Sq Ft Home
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-032-2760

Community Details

Overview

  • High-Rise Community
  • Blue Lagoon Condo
  • Blue Lagoon Condo Subdivision
  • 17-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,779

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$382 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 685
  • Possible Use: Secondary
  • Stories: 17
  • Bedroom Features: Other

Exterior Features

  • View: Lake, Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Association Fee: 382
  • Amenities: Bike/Jog Path, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-032-2760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2779

Multi Family

  • Maintenance Expense: 382

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 3, 2022
Sold by
Brilhante Mario Thome
Bought by
Seller's Agent
Jose Perez
JMP International Realty LLC
Buyer's Agent
Rocio Useche
Brown Harris Stevens
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$232,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,595
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Blue Lagoon Palace Inc
Bought by
Brilhante Mario Thome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,050
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Flagami, FL

  • Ileana Rodriguez P.A. Real Estate Agent - RE/MAX Advance Realty II

    Ileana Rodriguez P.A.

    RE/MAX Advance Realty II

    (786) 442-1182

    71 Total Sales

    2 in Flagami

    $520K - $645K Price Range

    Ileana Rodriguez P.A.
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  • Margarita Mestre Real Estate Agent - Portfolio Real Estate Group, Inc

    Margarita Mestre

    Portfolio Real Estate Group, Inc

    (786) 460-7691

    16 Total Sales

    1 in Flagami

    $190,000 Price

    Margarita Mestre
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  • Alejandro Vidal Real Estate Agent - Premium Estates Realty Corp

    Alejandro Vidal

    Premium Estates Realty Corp

    (786) 526-0151

    53 Total Sales

    3 in Flagami

    $185K - $250K Price Range

    Alejandro Vidal
     Section Image
  • Rolando Garcia Real Estate Agent - Florida Capital Realty

    Rolando Garcia

    Florida Capital Realty

    (786) 321-7989

    39 Total Sales

    2 in Flagami

    $225,000 Price Range

    Rolando Garcia
     Section Image
  • Edwin Vega Real Estate Agent - Edwin Vega Realty LLC

    Edwin Vega

    Edwin Vega Realty LLC

    (786) 933-8493

    40 Total Sales

    2 in Flagami

    $1K - $600K Price Range

    Edwin Vega
     Section Image
  • Arleen Davis-Slagle Real Estate Agent - Realty Home Advisors Inc

    Arleen Davis-Slagle

    Realty Home Advisors Inc

    (786) 629-1155

    17 Total Sales

    1 in Flagami

    $535,000 Price

    Arleen Davis-Slagle
     Section Image
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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 Buyer Sale Price Title Company
$250,000 Cambridge Title
Brilhante Mario Thome $233,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $198,050
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
06/03/2022 06/03/22 Sold $250,000 -2.0% $365 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $255,000 0.0% $372 / Sq Ft
04/02/2012 04/02/12 Rented $1,100 -4.3% --
04/02/2012 04/02/12 For Rent $1,150 -- --
Source: MIAMI REALTORS® MLS

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 $4,209 $210,560
2024 $3,865 $206,800
2023 $3,865 $188,000 $0 $0
2022 $3,009 $143,892 $0 $0
2021 $2,779 $130,811 $0 $0
2020 $2,739 $130,811 $0 $0
2019 $2,536 $124,582 $0 $0
2018 $2,296 $118,650 $0 $0
2017 $2,189 $95,791 $0 $0
2016 $2,090 $87,083 $0 $0
2015 $2,046 $79,167 $0 $0
2014 $1,945 $71,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Perez Real Estate Agent - JMP International Realty LLC

    Seller's Agent in 2022

    Jose Perez

    JMP International Realty LLC

    (404) 272-4646

    2 in this area

    19 Total Sales

    Jose Perez
    Section Image
  • Rocio Useche Real Estate Agent - Brown Harris Stevens

    Buyer's Agent in 2022

    Rocio Useche

    Brown Harris Stevens

    (305) 796-6769

    2 in this area

    17 Total Sales

    Rocio Useche
    Section Image
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About Blue Lagoon

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11194745

MIAMI REALTORS® MLS

APN: 01-3131-032-2760

Florida Miami/Dade County Miami 33126 Flagami

5085 NW 7th St Unit 907, 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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