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5085 NW 7th St # 1505, Miami FL 33126

Condo/Co-op For Sale
$270,000

BTC: 4.17181706

ETH: 141.90808561

10 days
Waterfront
1 bds
1 ba
685 sqft

Overview

Beautiful unit in the highly desirable, gated Blue Lagoon community, featuring a private balcony with open views of Blue Lagoon and Miami International Airport in the distance. The unit includes assigned covered parking, and residents enjoy resort-style amenities including a clubhouse, heated pool, jacuzzi, sauna, fitness center, BBQ areas, a children's playground, EV charging stations, and an on-site convenience store. The property management office is conveniently located on-site for added convenience. Ideally located just minutes from Miami International Airport, Coral Gables, Doral, Brickell, major highways, shopping, dining, and entertainment. An excellent opportunity for both end users and investors.

Location

Florida • Miami • 33126 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest
Year Built:
2003
Lot:
No Data
Heating:
Other
Price/sqft:
$394
Cooling:
Central Air
HOA:
$426

Valuation

Our model vs. what's actually selling nearby.
Estimate
$290,000
$199K – $408K
Confidence Low
List vs. estimate
$20K below estimate
List $270,000 · -6.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$394
-29.9% vs. city median $562
Based on
374 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $222K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,088
2025
HOA
$426/mo
View
Lagoon, Other View
Waterfront
Lagoon
Garage
1 car garage
Furnished
Furniture For Sale
All facts and features

  • Flooring

    • Carpet

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Guest

    Property

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 01-31-31-032-2550

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $426

    • HOA Frequency: Monthly

    • Annual tax amount: $4,088

  • Source details

    • MLS ID: A12066364

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 685

    • Subdivision Name: BLUE LAGOON CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33126
166
median $315K
Active
Same city
Miami
12,164
median $639K
Active
Same type
Condo/Co-op
6,390
median $495K
Active
Similar price
$189K – $351K
1,948
median $275K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ON Florida Realty, LLC.