$270,000
5085 NW 7th Street 1505
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $270,000
- Price per sq ft
- $394
- Vs. nearby sales
- In line
- Days on market
- 29
This 1-bedroom condo in Blue Lagoon Condo went under contract with an asking price of $270,000, or $394 per square foot. It spent 29 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $384 per square foot, so the asking price was in line with what comparable homes here actually sold for.
Estimated monthly payment
$1,419 /mo
Principal and interest only, based on $54,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $426/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $270,000
- Days on Site
- 29 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 685 sqft
- Total Sq Ft
- 685 sqft
- Year Built
- 2003
- Property Type
- Condo
- MLS #
- A12066364
- Property Tax
- $4,088 (2025)
- HOA Fees
- $426 / Monthly
- Subdivision
- BLUE LAGOON CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Corporate Listing / Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 2003
- Property Condition
- Resale
- Number of Stories
- 17
- Garage Spaces
- 1
- Parking
- Assigned / Guest
- Living Sq Ft
- 685
- Total Sq Ft
- 685
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Other
- Flooring
- Carpet / Laminate
- Interior Features
- Bathtub / Other / Soaking Tub
- Laundry
- Washer Hookup / Dryer Hookup
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area / Other
- Architectural Style
- Other
- Pool Features
- Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Lagoon / Other
- View
- Lagoon / Other
Community & HOA
- HOA Fee
- $426 / Monthly
- HOA Includes
- Common Areas / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Sewer / Security / Water
- Association Amenities
- Billiard Room / Clubhouse / Fitness Center / Maintenance Grounds / Other / Picnic Area / Playground / Pool / Parking / Spa Hot Tub / Elevators
- Security
- Key Card Entry / Security Fence / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Dock Restrictions / Ok To Lease
- MLS Area
- 2310
This home's HOA fee works out to $426 a month, 25% below the $568 median across 20 homes for sale in Blue Lagoon Condo. See Blue Lagoon Condo HOA fees
Schools
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
About the Community
Blue Lagoon Condo is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $315,000 to $444,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Blue Lagoon and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 20
- Median List Price
- $369,250
- Median $/Sq Ft
- $419
- Avg Days on Market
- 110
Frequently Asked Questions
- How do I schedule a tour of 5085 NW 7th Street 1505, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5085 NW 7th Street 1505, Miami, FL 33126. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5085 NW 7th Street 1505, Miami, FL 33126 still available?
- 5085 NW 7th Street 1505, Miami, FL 33126 is currently listed as Under Contract, and has been on the market 29 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5085 NW 7th Street 1505, Miami, FL 33126?
- With 20% down ($54,000) on the $270,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5085 NW 7th Street 1505, Miami, FL 33126 is about $1,419/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5085 NW 7th Street 1505, Miami, FL 33126?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5085 NW 7th Street 1505, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5085 NW 7th Street 1505, Miami, FL 33126 have an HOA fee?
- Yes: 5085 NW 7th Street 1505, Miami, FL 33126 carries an HOA fee of about $426 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5085 NW 7th Street 1505, Miami, FL 33126?
- 5085 NW 7th Street 1505, Miami, FL 33126 is zoned for Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5085 NW 7th Street 1505, Miami, FL 33126?
- Often, yes. The right offer on 5085 NW 7th Street 1505, Miami, FL 33126 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of ON Florida Realty, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$270,000
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Listed by Valentina Delgado, ON Florida Realty, LLC.
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Recent Sales
Recently sold homes in Blue Lagoon Condo
These are the last 6 recorded closings in Blue Lagoon Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $387 per square foot. The most recent closed on July 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$245,000
Sold · July 14, 2026
5077 NW 7th Street 1111
1 bed · 1 bath · 685 sqft · $358/sqft
$5,000 under the asking price
Sold$270,000
Sold · July 2, 2026
5085 NW 7th Street 1412
1 bed · 1 bath · 685 sqft · $394/sqft
$20,000 under the asking price
Sold$351,700
Sold · June 22, 2026
5077 NW 7th Street 903
2 bed · 2 bath · 922 sqft · $381/sqft
Sold$295,000
Sold · May 8, 2026
5077 NW 7th Street 610
1 bed · 1 bath · 685 sqft · $431/sqft
$20,000 under the asking price
Sold$265,000
Sold · March 31, 2026
5077 NW 7th Street TS7
1 bed · 1 bath · 685 sqft · $387/sqft
$25,000 under the asking price
Sold$290,000
Sold · March 26, 2026
5091 NW 7th Street 302
2 bed · 1 bath · 787 sqft · $368/sqft
$5,000 under the asking price
See every recorded sale in Blue Lagoon Condo or find out what your Blue Lagoon Condo home is worth.
