NOT LISTED FOR SALE

5091 NW 7th St Unit 1008 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $291,000 - $344,000

2 Beds
2 Baths
867 Sq Ft
2003 Built

Sale Details

Date Sold: April 11, 2023

Last sale price $295,000 $340 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,175 / mo

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Lagoon View
  • Fitness Center
  • Home fronts a lagoon or estuary
  • 1-minute walk to Antonio Maceo Park

About This Home

As of June 2023

BEAUTIFUL AND SPACIOUS APARTMENT, GREAT LOCATION IN THE HEART OF MIAMI. BLUE LAGOON HAS SPECTACULAR AMENITIES BUSINESS CENTER, HEATED POOL & JACUZZI, SPA AND BARBECUE GRILL AREA, STATE OF THE ART GYM, AND FULLY STOCKED MINI-MARKET. PARTY ROOMS, JOGGING PATH, VALET PARKING, GATED COMPLEX W/24-HR SECURITY. EASY ACCESS TO AIRPORT AND MAJOR ROADS, MALLS, DOWNTOW

Last Agent to Rent the Property

Valeria Farkass

ISC Realty Corp License #3254753 Listed on: 04/13/2023

Last Renter's Agent

Reinhardt Montenegro

True Brokers, LLC License #3119185

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • Home fronts a lagoon or estuary

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Built-Up Roof

Interior Spaces

  • 867 Sq Ft Home
  • Combination Dining and Living Room
  • Lagoon Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Property Available on 4/13/23
  • 12 Months Lease Term
  • Assessor Parcel Number 01-31-31-032-1480

Community Details

Overview

  • No Home Owners Association
  • Blue Lagoon Condo
  • Blue Lagoon Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse
  • Community Center
  • Elevator

Recreation

  • Boat Ramp
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Card or Code Access

Condo Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-04-13
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BLUE LAGOON CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Parquet, Vinyl
  • Furnished: Unfurnished
  • Living Area: 867
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Built-Up
  • View: Lagoon, Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BLUE LAGOON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Key Card Entry, Gated with Guard

Condo/Co-op/Association

  • Amenities: Activity Room, Clubhouse, Community Pool, Elevator(s), Exercise Room, Other, Child Play Area, Spa/Hot Tub
  • Association: No
  • Community Features: Clubhouse, Pool, Exercise Room

Lot Info

  • Parcel Number: 01-31-31-032-1480
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

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 13, 2023
Closed on
Apr 5, 2023
Sold by
Bought by
Seller's Agent
Valeria Farkass
ISC Realty Corp
Buyer's Agent
Reinhardt Montenegro
True Brokers, LLC
Sold Price
$2,600
Views
1
Current Estimated Value
$318,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,407
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Aug 12, 2022
Closed on
Mar 22, 2023
Sold by
Bought by
Seller's Agent
Graciela Restrepo
ISC Realty Corp
Buyer's Agent
Valeria Farkass
ISC Realty Corp
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Views
50

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 10, 2015
Sold by
Bought by
Seller's Agent
Edward Pichs
MMLS Assoc.-Inactive Member
Buyer's Agent
Adriana Goncalves
MMLS Assoc.-Inactive Member
List Price
$89,500
Sold Price
$92,000
Premium/Discount to List
$2,500
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 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
$258,750
Interest Rate
0.0837%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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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
$295,000 Stewart Title
-- None Listed On Document
$92,000 First Intl Title Lighthouse
$55,600 None Available
$345,000 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
Previous Owner $258,750
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
06/01/2023 06/01/23 Rented $2,600 0.0% --
05/24/2023 05/24/23 Under Contract -- -- --
05/15/2023 05/15/23 Price Changed $2,600 -3.7% $3 / Sq Ft
04/24/2023 04/24/23 Price Changed $2,700 +5.9% $3 / Sq Ft
04/13/2023 04/13/23 For Rent $2,550 0.0% --
04/11/2023 04/11/23 Sold $295,000 -1.3% $340 / Sq Ft View Prior Sale
11/04/2022 11/04/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $299,000 -6.6% $345 / Sq Ft
08/12/2022 08/12/22 For Sale $320,000 0.0% $369 / Sq Ft
03/28/2019 03/28/19 Rented $1,600 0.0% --
03/01/2019 03/01/19 Under Contract -- -- --
07/17/2018 07/17/18 For Rent $1,600 +6.7% --
10/09/2017 10/09/17 Rented $1,500 -3.2% --
09/18/2017 09/18/17 Under Contract -- -- --
08/23/2017 08/23/17 Price Changed $1,550 -3.1% $2 / Sq Ft
06/29/2017 06/29/17 For Rent $1,600 0.0% --
01/29/2016 01/29/16 Sold $92,000 +2.8% $106 / Sq Ft View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $89,500 -- $103 / 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 $5,377 $269,019
2024 $3,825 $256,209
2023 $3,825 $175,329 $0 $0
2022 $3,334 $159,390 $0 $0
2021 $3,079 $144,900 $0 $0
2020 $3,198 $150,150 $0 $0
2019 $3,205 $150,150 $0 $0
2018 $2,995 $143,000 $0 $0
2017 $3,029 $143,000 $0 $0
2016 $3,121 $143,000 $0 $0
2015 $2,628 $95,725 $0 $0
2014 $2,351 $87,023 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2023

    Valeria Farkass

    ISC Realty Corp

    1 in this area

    15 Total Sales

    Valeria Farkass
    Section Image

  • G

    Seller's Agent in 2023

    Graciela Restrepo

    ISC Realty Corp

    (786) 469-6539

    2 in this area

    15 Total Sales

    Graciela Restrepo
    Section Image
  • Adriana Goncalves

    Seller Co-Listing Agent in 2023

    Adriana Goncalves

    ISC Realty Corp

    (786) 210-7653

    2 in this area

    49 Total Sales

    Adriana Goncalves
    Section Image

  • R

    Tenant's Agent in 2023

    Reinhardt Montenegro

    True Brokers, LLC

    (305) 767-3325

    13 in this area

    18 Total Sales

    Reinhardt Montenegro
    Section Image

  • F

    Buyer's Agent in 2019

    Fanny Zaldumbide

    MMLS Assoc.-Inactive Member

    Section Image
  • Karla Hernandez

    Buyer's Agent in 2017

    Karla Hernandez

    Azul Realty Group, LLC

    (305) 299-2515

    1 in this area

    37 Total Sales

    Karla Hernandez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11371543

MIAMI REALTORS® MLS

APN: 01-3131-032-1480

Florida Miami/Dade County Miami 33126 Flagami

5091 NW 7th St Unit 1008, Miami, FL

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