Home » Miami » Blue Lagoon Condo at 5085 7th St Miami » 5085 NW 7th St 914, Miami, FL 33126 | A11513323

Sold 5085 NW 7th St 914, Miami, FL 33126

$355,000
closed for a price of $355,000

Property Highlights

Listing ID A11513323 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 923 Sqft/85.75 m2 approx. Building Area 923 Sqft/85.75 m2 approx. COMMUNITY POOL Year Built 2003 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 38 Days

5085 NW 7th St 914, Miami, FL 33126

Property Description: Immerse yourself into a comfortable lifestyle with great investment potential in the heart of Miami! This unit is ideal for home buyers and investor-friendly, has brand new S.S appliances, A/C and water heater less than 3 years old, is freshly painted, huge balcony with amazing views. 1 parking space under roof assigned, with an option to get a 2nd one. The resort lifestyle community offers a heated pool, jacuzzi, gym, clubhouse, beauty salon, business center mini supermarket, playground, BBQ areas, miniature golf, 24-hour security, and EV charging stations. The location is a plus! Easy access to I-95, Florida Turnpike, 826, and 836. Few minutes from Downtown Miami, Brickell Avenue, and Miami International Airport. Very easy to show! Remember to ask for a tour to the amenities.

Useful Info

Contingency:No Contingencies
Original List Price:$355,000
Close Price:$355,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Blue Lagoon Condo at 5085 7th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):9
Entry Level Location:9
Construction Materials:
  • Block
  • Brick
Flooring:
  • Tile
  • Other
Number of stories:17
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Water
Waterfront:Yes
Waterfront Features:
  • Lagoon
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Security Guard
  • Closed Circuit Camera(s)
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • First Floor Entry
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Main Living Area Entry Level
Exterior Features:
  • Barbecue
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,570

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$575
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Clubhouse
  • Playground
  • Elevator(s)
  • Fitness Center
  • Golf Course
Subdivision Name:BLUE LAGOON CONDO
Community Features:
  • Golf Course Community
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Reserve Fund
  • Recreation Facilities
  • Amenities
Complex Name:BLUE LAGOON CONDOMINIUM
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Covered
  • Electric Vehicle Charging Station(s)
  • Underground

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

High School:South Miami
Middle Or Junior School:Kinlock Park

More Details

Other Information:
Unit ViewWater View
Housing Older Persons ActUnverified
Unit DesignNone
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAH
Building Number3
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number32
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:Community Boat Dock,Deeded Dock

Zoning and Legal

Tax Legal Description:BLUE LAGOON CONDO UNIT 914 BLDG 3 UNDIV 0.1756% INT IN COMMON ELEMENTS OFF REC 23710-3703 COC 25936-1634 09 2007 3
Real Estate Folio Number (Parcel Number):01-31-31-032-3540
Public Survey Township:1
Public Survey Range:31
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:January 15, 2024 8:08 am
On Market Date:January 15, 2024
Close Date:February 22, 2024
Price Change Date Time:January 12, 2024 8:20 am
Last Important Update Description:Closed
Date and Time of Last Important Update:February 22, 2024 4:03 pm
Status Last Changed:February 22, 2024 4:03 pm
Photos Last Modified:January 15, 2024 10:05 pm
Last Modified:February 22, 2024 9:04 pm
Days on the Market Reference Date:February 22, 2024
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Unit Location:None
Number of Photos:38
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Robert Slack LLC
Universal Property Id:US-12025-N-0131310323540-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5085
Street Direction Prefix:NW
Street Address:5085 NW 7th St 914
Unit Number:914
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5085 NW 7th St 914, Miami, FL 33126
Latitude:N25° 46' 47.2''
Longitude:W81° 43' 21.7''

Neighborhood

Postal City:Miami

Property Map

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