$387,000
Sold · October 8, 2025
5085 NW 7th Street PH1
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $387,000
- Vs. list price
- 5.4% under
- Days on market
- 3
- Price per sq ft
- $358
This 2-bedroom condo in Blue Lagoon Condo sold for $387,000 on October 8, 2025. That was 5.4% below its final list price of $409,000. It spent 3 days on the market. At $358 per square foot, it closed 6.8% below the $384 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $387,000
- Sold On
- October 8, 2025
- Days on Site
- 3 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,080 sqft
- Total Sq Ft
- 1,080 sqft
- Year Built
- 2003
- Property Type
- Condo
- MLS #
- A11857747
- Property Tax
- $5,959 (2024)
- HOA Fees
- $667 / Monthly
- Subdivision
- BLUE LAGOON CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
A remarkable 2/2 unit almost 1100 sq.ft within Blue Lagoon Condominium Complex. This residence offers spectacular views of both the lake and the city. The complex provides a comprehensive array of amenities - an Olympic sized pool, a well equipped gym, a sauna, a social room and a convenient grocery store. Additionally, the unit includes two parking spaces and pets up to 20 lbs are permitted. Its perfect location offers convenient access to major highways, and is minutes from Downtown Miami, Miami International Airport, University of Miami, and the beaches.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2003
- Property Condition
- Resale
- Number of Stories
- 17
- Garage Spaces
- 2
- Living Sq Ft
- 1,080
- Total Sq Ft
- 1,080
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate
- Interior Features
- Bathtub / Elevator / Split Bedrooms / Soaking Tub / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue / Lighting / Outdoor Living Area
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Lagoon / Other
- View
- City / Lagoon / Water
Community & HOA
- HOA Fee
- $667 / Monthly
- HOA Includes
- Common Areas / Maintenance Structure / Pools / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Maintenance Grounds / Management / Picnic Area / Pool / Parking / Sauna / Trash / Elevators
- Community Features
- Home Owners Association
- Security
- Smoke Detectors / Security Fence / Security Guard
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Rv
- MLS Area
- 2310
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 PH1, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 5085 NW 7th Street PH1, 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 PH1, Miami, FL 33126 still available?
- 5085 NW 7th Street PH1, Miami, FL 33126 is currently listed as Sold, and has been on the market 3 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 PH1, Miami, FL 33126?
- With 20% down ($81,800) on the $409,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5085 NW 7th Street PH1, Miami, FL 33126 is about $2,149/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 PH1, 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 PH1, 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 PH1, Miami, FL 33126 have an HOA fee?
- Yes: 5085 NW 7th Street PH1, Miami, FL 33126 carries an HOA fee of about $667 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 PH1, Miami, FL 33126?
- 5085 NW 7th Street PH1, 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 PH1, Miami, FL 33126?
- Often, yes. The right offer on 5085 NW 7th Street PH1, 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 Xcellence
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 July 1, 2026.
$387,000
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Listed by Luba M Dewitt, Xcellence
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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.
