Home » Miami » Blue Lagoon Condo at 5085 7th St Miami » 5085 NW 7th St 1003, Miami, FL 33126 | A11542968

Sold 5085 NW 7th St 1003, Miami, FL 33126

$320,000
closed for a price of $280,000

Property Highlights

Listing ID A11542968 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 685 Sqft/63.64 m2 approx. Building Area 685 Sqft/63.64 m2 approx. COMMUNITY POOL Year Built 2003 Lease Term Minimum Duration: 185 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 185 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 91 Days

5085 NW 7th St 1003, Miami, FL 33126

Property Description: Amazing opportunity to have views of the lagoon and the airport from this spacious condo in Blue Lagoon. Enjoy a nice layout complete with a walk in closet, tiled floors, tiled balcony, washer and dryer inside, assigned garage parking and energy saving features. The community is full of amenities. Gym, Sauna, Pool, Spa, Clubhouse, Bbq areas, Kids Park, and more. Hurry and own a piece of Miami. Call now!

Useful Info

Contingency:Pending Inspections
Original List Price:$320,000
Close Price:$280,000
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:
  • Condo-Conversion
Architectural
Style:
  • High Rise
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Other
  • Lagoon
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Security Guard
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Walk-in Closet(s)
  • Bedroom On Main Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$3,484

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:2022
Association Fee:$424
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Clubhouse
  • Barbecue
  • Fitness Center
  • Picnic Area
Subdivision Name:BLUE LAGOON CONDO
Association Fee Includes:
  • Water
  • Trash
Complex Name:BLUE LAGOON
Senior Community:No
Restrictions: Corporate Buyer OK, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

More Details

Other Information:
Unit ViewLagoon,Other View
Pet Fee DescriptionNon refundable
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease185
Type of Governing BodiesCondominium
Pet Fee100
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year1
Flood ZoneAH
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number32
Buy StateFlorida
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:BLUE LAGOON CONDO UNIT 1003 BLDG 3 UNDIV 0.1303% INT IN COMMON ELEMENTS OFF REC 23710-3703 COC 26479-2645 07 2008 3
Real Estate Folio Number (Parcel Number):01-31-31-032-2250
Public Survey Township:1
Public Survey Range:31
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:March 1, 2024 6:33 pm
On Market Date:March 1, 2024
Close Date:May 31, 2024
Price Change Date Time:March 1, 2024 6:33 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 1, 2024 1:41 am
Status Last Changed:June 1, 2024 1:41 am
Photos Last Modified:March 2, 2024 12:27 am
Last Modified:June 1, 2024 5:42 am
Days on the Market Reference Date:June 1, 2024
Days on the Market (updated on Last Modified*):54
Cumulative Days on the Market (updated on Last Modified**):54

Additional Information

Unit Location:High Rise
Number of Photos:12
Location:,,
Included:,,
Area:31
Courtesy of:True Brokers, LLC
Universal Property Id:US-12025-N-0131310322250-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5085
Street Direction Prefix:NW
Street Address:5085 NW 7th St 1003
Unit Number:1003
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5085 NW 7th St 1003, Miami, FL 33126
Latitude:N25° 46' 47.2''
Longitude:W81° 43' 21.7''

Neighborhood

Postal City:Miami

Property Map

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