NOT LISTED FOR SALE

Blue Lagoon 5077 NW 7th St Unit 1404 Floor 14 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $243,000 - $281,000

1 Bed
1 Bath
685 Sq Ft
2003 Built

Sale Details

Date Sold: June 5, 2025

Last sale price $275,000 $401 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,849 / mo

About This Home

As of August 2025

COME AND ENJOY THE BEST SUNSETS AND VIEW OF THE LAGOON FROM THIS SPACIOUS SOUGHT AFTER UNIT IN BLUE LAGOON. LOCATED IN THE HEART OF THE CITY AND NESTLED IN AN AMAZING COMMUNITY WITH LOTS OF AMENITIES. WASHER/DRYER INSIDE, COMPLETELY TILED, WALK IN CLOSET, FREE WATER, GYM, SAUNA, POOL, CLUBHOUSE, BBQ AREA AND LOTS MORE. HURRY AND CALL TODAY FOR A VIEWING BEFORE ITS GONE

Last Agent to Rent the Property

Reinhardt Montenegro

True Brokers, LLC License #3119185 Listed on: 08/12/2025

Last Renter's Agent

Reinhardt Montenegro

True Brokers, LLC License #3119185 Listed on: 08/12/2025

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Parking

  • 1 Car Garage

Home Design

  • 685 Sq Ft Home
  • Entry on the 14th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Listing and Financial Details

  • Property Available on 8/13/25
  • Assessor Parcel Number 01-31-31-032-4360

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-08-13

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 16
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BLUE LAGOON CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 16

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 685
  • Stories: 16

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

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: 01-31-31-032-4360
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6106

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
Feb 24, 2025
Closed on
Jun 4, 2025
Sold by
Vichot Terry
Bought by
Seller's Agent
Reinhardt Montenegro
True Brokers, LLC
Buyer's Agent
Reinhardt Montenegro
True Brokers, LLC
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Current Estimated Value
$267,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,632
Avg. Annual Appreciation
-2.17%
Original Mortgage
$178,750
Outstanding Balance
$176,684
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$90,684

Purchase Details

Closed on
Mar 31, 2011
Sold by
Martin Guillermo A and Martins Karina
Bought by
Vichot Terry

Purchase Details

Closed on
Sep 25, 2007
Sold by
Blue Lagoon Palace Inc
Bought by
Martin Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.41%
Mortgage Type
Unknown
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

  • Desiree Avila Real Estate Agent - Avila Real Estate LLC

    Desiree Avila

    Avila Real Estate LLC

    (754) 354-4624

    72 Total Sales

    2 in Flagami

    $570K - $610K Price Range

    Desiree Avila
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  • Elizabeth Fernandez Real Estate Agent - Privee Real Estate INC

    Elizabeth Fernandez

    Privee Real Estate INC

    (786) 706-9957

    52 Total Sales

    1 in Flagami

    $655,000 Price

    Elizabeth Fernandez
     Section Image
  • Loriana Mendez Real Estate Agent - Pinnacle Realty of Florida Corp

    Loriana Mendez

    Pinnacle Realty of Florida Corp

    (833) 954-3374

    19 Total Sales

    2 in Flagami

    $500,000 Price Range

    Loriana Mendez
     Section Image
  • 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.
     Section Image
  • 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
     Section Image
  • 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
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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
$275,000 None Listed On Document
Vichot Terry $70,000 The Title Services Group Inc
Martin Guillermo $330,000 Attorney
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
Open $178,750
Previous Owner Vichot Terry $40,000
Previous Owner Martin Guillermo $313,500
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 Prior Sale
08/30/2025 08/30/25 Rented $2,100 0.0% --
08/12/2025 08/12/25 For Rent $2,100 0.0% --
06/05/2025 06/05/25 Sold $275,000 -14.1% $401 / Sq Ft View Prior Sale
05/01/2025 05/01/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $320,000 -- $467 / Sq Ft
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 $4,397 $84,390
2024 $388 $82,012
2023 $388 $79,624 $0 $0
2022 $365 $77,305 $0 $0
2021 $371 $75,054 $0 $0
2020 $368 $74,018 $0 $0
2019 $358 $72,354 $0 $0
2018 $329 $71,005 $0 $0
2017 $332 $69,545 $0 $0
2016 $337 $68,115 $0 $0
2015 $347 $67,642 $0 $0
2014 $359 $67,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RM

    Landlord's Agent in 2025

    Reinhardt Montenegro

    True Brokers, LLC

    (305) 767-3325

    15 in this area

    20 Total Sales

    Reinhardt Montenegro
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About Blue Lagoon

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11858610

MIAMI REALTORS® MLS

APN: 01-3131-032-4360

Florida Miami/Dade County Miami 33126 Flagami

5077 NW 7th St Unit 1404, 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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