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5085 NW 7th Street 406, Miami, FL 33126
Active
58 Days on Market
1 / 30
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All Listings

$370,000

5085 NW 7th Street 406

Miami, FL 33126

BLUE LAGOON CONDO

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$370,000
Price per sq ft
$401
Original price
Unchanged
Days on market
58

This 2-bedroom condo in Blue Lagoon Condo is listed at $370,000, or $401 per square foot. It has been on the market for 58 days.

2
Bedrooms
2
Bathrooms
923
Living Sq Ft
2003
Year Built

Estimated monthly payment

$1,945 /mo

Principal and interest only, based on $74,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $571/mo HOA are not included.

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Listing Snapshot

Price
$370,000
Days on Site
58 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
923 sqft
Total Sq Ft
923 sqft
Year Built
2003
Property Type
Condo
MLS #
A12058835
Property Tax
$5,222 (2025)
HOA Fees
$571 / Monthly
Subdivision
BLUE LAGOON CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Don’t miss this incredible opportunity! Beautifully maintained 2-bedroom, 2-bath condo in the highly sought-after Blue Lagoon Condominium, priced to sell quickly! Whether you’re looking for your next home or a great investment, this is a property you won’t want to miss.Enjoy one of this residence’s best features: a spacious private balcony overlooking the resort-style pool, the perfect place to relax, entertain, or enjoy the peaceful views.The unit features a bright, spacious layout, tile flooring throughout, and the convenience of an in-unit washer and dryer. Blue Lagoon is a gated waterfront community along beautiful Blue Lagoon Lake, offering spectacular water views, scenic walking paths, and a true resort-style atmosphere in the heart of Miami.Residents enjoy 24-hour security, a resort-style pool and spa, fitness center, business center, Jet Ski docks, beauty salon, convenience store, mini golf, seven BBQ grills, picnic areas, and beautifully landscaped grounds.Perfectly located minutes from Miami International Airport, Coral Gables, Downtown Miami, major highways, shopping, and restaurants, this community offers the ideal blend of comfort, convenience, and lifestyle.Exceptional value. Incredible location. Beautiful pool views. Priced to sell, schedule your private showing today before this opportunity is gone!

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
2003
Property Condition
Resale
Number of Stories
17
Garage Spaces
1
Parking
Assigned / Covered
Living Sq Ft
923
Total Sq Ft
923

Interior Features

Appliances
Dryer / Dishwasher / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Living Dining Room / Main Level Primary

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
View
Pool

Community & HOA

HOA Fee
$571 / Monthly
HOA Includes
Water
Association Amenities
Billiard Room / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Playground / Pool / Sauna
Security
Security Guard
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
No Truck / No Trailer Parking / Ok To Lease
MLS Area
2310

This home's HOA fee works out to $571 a month, in line with 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

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
View all 20 homes for sale in Blue Lagoon →
How do I schedule a tour of 5085 NW 7th Street 406, Miami, FL 33126?
Use the Tour button on this listing to request a showing of 5085 NW 7th Street 406, 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 406, Miami, FL 33126 still available?
5085 NW 7th Street 406, Miami, FL 33126 is currently listed as Active, and has been on the market 58 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 406, Miami, FL 33126?
With 20% down ($74,000) on the $370,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5085 NW 7th Street 406, Miami, FL 33126 is about $1,945/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 406, 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 406, 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 406, Miami, FL 33126 have an HOA fee?
Yes: 5085 NW 7th Street 406, Miami, FL 33126 carries an HOA fee of about $571 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 406, Miami, FL 33126?
5085 NW 7th Street 406, 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 406, Miami, FL 33126?
Often, yes. The right offer on 5085 NW 7th Street 406, 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 La Rosa Realty Kendall, 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 1, 2026.

$370,000

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Listed by Carolina Larco, La Rosa Realty Kendall, LLC.

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