Active Under ContractMLS® A12066364

$270,000

5085 NW 7th Street 1505, Miami, FL 33126

Beds: 1
Baths: 1
Sqft: 685

Est. payment$2,303/mo

Home type: Condominium
Year built: 2003
Lot size: —
Price / sqft: $394
HOA: $426/mo
Community: BLUE LAGOON CONDO

Property description

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.

Listing activity

Days on market: 29
Listed: Aug 5, 2026
MLS listing updated: Oct 31, 2026
Feed last checked: 3 minutes ago

Listed by Valentina Delgado · ON Florida Realty, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Other
Flooring: Carpet, Laminate
Appliances: Electric Water Heater, Dishwasher, Electric Range, Microwave, Refrigerator, Other
Laundry: Washer Hookup, Dryer Hookup
Furnished: Negotiable
Other equipment: Other

Heating & cooling

Heating: Other
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Assigned, Guest
Attached garage: No

Exterior

Stories: 17
Building area: 685 sqft
Exterior features: Balcony, Lighting, Other
View: Lagoon, Other
Waterfront: Other, Lagoon
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Architectural style: Other
Year built: 2003
New construction: No

Materials

Construction: Block
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: BLUE LAGOON CONDO
MLS area: 2310
Security: Key Card Entry, Security Fence, Security Patrol
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $426 monthly
Estimated monthly dues: $426
Amenities: Maintenance, Billiard Room, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Parking, Picnic Area, Playground, Spa/Hot Tub, Other
Services included: Recreation Facility, Pool Service, Common Areas, Elevator, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33126

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12066364
Possession: Close Of Escrow, Negotiable
Original list price: $270,000
Parcel number: 0131310322550
Annual property tax: $4,088
Tax year: 2025
Tax legal description: BLUE LAGOON CONDO UNIT 1505 BLDG 3 UNDIV 0.1303% INT IN COMMON ELEMENTS OFF REC 23710-3703 24622-0405 COC 25694-1307 05 2007 1

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Billiard Room, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Parking, Picnic Area, Playground, Spa/Hot Tub, Other
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Common Areas, Elevator, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 685
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 29
Elementary School: Henry M. Flagler
High School: South Miami
Laundry Features: Washer Hookup, Dryer Hookup
List Price: 270000
Listing Contract Date: 2026-08-05
Living Area: 685
MLSArea Major: 2310
Middle Or Junior School: Kinloch Park
Mls Status: Active Under Contract
On Market Date: 2026-08-05
Photos Count: 21
Postal Code: 33126
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Key Card Entry, Security Fence, Security Patrol
Senior Community: No
Standard Status: Active Under Contract
State Or Province: FL
Status Change Timestamp: 2026-09-03T15:57:41Z
Stories Total: 17
Subdivision Name: BLUE LAGOON CONDO
Waterfront Features: Other, Lagoon
Tax Annual Amount: 4088
Bathrooms Full: 1
Bedrooms Total: 1
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 426

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 5, 2026	ListedMIAMI REALTORS® MLS	$270,000$394/sqft

Public tax history

Year	Property taxes	Assessment
2025	$4,088	—

Payment calculator

Estimated monthly payment$2,303/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,401
Property taxes: $341
Insurance: $135
Association dues: $426

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

BLUE LAGOON CONDO

Miami · Miami-Dade County · 33126

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Henry M. FlaglerElementary

—

Kinloch ParkMiddle

—

South MiamiHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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