NOT LISTED FOR SALE

5085 NW 7th St Unit 506 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $325,472 - $380,000

2 Beds
2 Baths
923 Sq Ft
2003 Built

Sale Details

Date Sold: November 4, 2022

Last sale price $320,000 $347 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,846 / mo

26 Days on Market

Highlights

  • Pool View
  • Balcony
  • Cooling Available
  • Billiard Room
  • Walk-In Closet
  • 1-minute walk to Antonio Maceo Park

About This Home

As of November 2022

Wonderful 2 Bed/ 2 Bath with ceramic floor. Fantastic views to the pool area and lagoon! Washer and Dryer inside the unit. Wonderful 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 parties. Conveniently located in Central Miami, close to Miami International Airport and highway access to Downtown and the beaches in minutes.

Last Agent to Sell the Property

Claudia Ramirez

Floridian Realty Corp. License #3261926 Listed on: 09/21/2022

Last Buyer's Agent

Claudia Ramirez

Floridian Realty Corp. License #3261926 Listed on: 09/21/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 2003

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 923 Sq Ft Home
  • Ceramic Tile Flooring
  • Pool Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-032-2590

Community Details

Overview

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

Amenities

  • Billiard Room

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complex Is Fenced
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,661

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$515 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • 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, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 923
  • Possible Use: Investment
  • Stories: 17
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: Blue Lagoon Condominium
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Card Entry

Condo/Co-op/Association

  • Association Fee: 515
  • Amenities: Billiard Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-032-2590
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3661

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
Sep 21, 2022
Closed on
Nov 4, 2022
Sold by
Bought by
Seller's Agent
Claudia Ramirez
Floridian Realty Corp.
Buyer's Agent
Claudia Ramirez
Floridian Realty Corp.
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Views
13
Current Estimated Value
$350,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,118
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
9.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- --
$320,000 --
$175,000 Attorney
$107,664 Premium Title Services Inc
$73,600 None Available
$66,200 None Available
$390,000 Attorney
$288,000 --
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 $312,000
Previous Owner $259,200
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
11/04/2022 11/04/22 Sold $320,000 -2.7% $347 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $329,000 -5.7% $356 / Sq Ft
09/21/2022 09/21/22 For Sale $349,000 0.0% $378 / Sq Ft
12/10/2021 12/10/21 Rented -- -- --
11/30/2021 11/30/21 Under Contract -- -- --
11/23/2021 11/23/21 For Rent $2,250 +32.7% --
11/01/2018 11/01/18 Rented $1,695 0.0% --
10/13/2018 10/13/18 Under Contract -- -- --
10/04/2018 10/04/18 For Rent $1,695 -- --
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 $5,203 $262,864 -- --
2024 $4,825 $258,170 -- --
2023 $4,825 $234,700 $0 $0
2022 $3,965 $186,763 $0 $0
2021 $3,661 $169,785 $0 $0
2020 $3,287 $154,350 $0 $0
2019 $3,295 $154,350 $0 $0
2018 $3,079 $147,000 $0 $0
2017 $3,114 $147,000 $0 $0
2016 $2,842 $121,745 $0 $0
2015 $2,524 $110,678 $0 $0
2014 $2,428 $100,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11276509

MIAMI REALTORS® MLS

APN: 01-3131-032-2590

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