Home » Miami » Blue Lagoon Condo at 5085 7th St Miami » 5085 NW 7th St 715, Miami, FL 33126 | A11567510

Sold 5085 NW 7th St 715, Miami, FL 33126

$365,000
closed for a price of $360,000

Property Highlights

Listing ID A11567510 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 979 Sqft/90.95 m2 approx. Building Area 979 Sqft/90.95 m2 approx. Year Built 2003 Waterfront Lease Term Minimum Duration: 180 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 180 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 104 Days

5085 NW 7th St 715, Miami, FL 33126

Property Description:

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$368,000
Original List Price:$370,000
Close Price:$360,000
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:
  • Newly Updated/renovated
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Wood
  • Ceramic Tile
Number of stories:15

Property Features

Has View:Yes
View from the Property:
  • Canal
Waterfront:Yes
Waterfront Features:
  • Canal Front
Security:
  • Complex Fenced
Appliances:
  • Microwave
  • Refrigerator
  • Washer
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Sitting Area In Primary
Exterior Features:
  • Awning(s)
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,208

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:$610
Association Fee Frequency:
  • Monthly
Membership Fee:$450
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Financing:
  • Conventional
Lease Considered:Yes

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Clubhouse
  • Elevator(s)
  • Fitness Center
Subdivision Name:BLUE LAGOON CONDO
Association Fee Includes:
  • Cable Tv
  • Maintenance Structure
  • Common Areas
Complex Name:Blue lagoon
Senior Community:No
Restrictions: OK To Lease
Membership Required:Yes

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • One Space

More Details

Other Information:
Unit ViewCanal
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year1
Flood ZoneAH
Homeowner's Association Application Fee450
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAH
Municipal Code31
Subdivision Number32
Buy StateFlorida
Buyer Country of ResidenceVenezuela
Water Access Description:Other

Zoning and Legal

Tax Legal Description:BLUE LAGOON CONDO UNIT 715 BLDG 3 UNDIV 0.1862% INT IN COMMON ELEMENTS OFF REC 23710-3703 COC 25440-2846 01 2007 1
Real Estate Folio Number (Parcel Number):01-31-31-032-3650
Public Survey Township:31
Public Survey Range:31
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:April 11, 2024 10:42 am
On Market Date:April 11, 2024
Close Date:July 24, 2024
Price Change Date Time:May 3, 2024 1:42 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 19, 2024 9:18 am
Status Last Changed:August 19, 2024 9:18 am
Photos Last Modified:April 18, 2024 10:07 am
Last Modified:August 19, 2024 1:18 pm
Days on the Market Reference Date:August 19, 2024
Days on the Market (updated on Last Modified*):55
Cumulative Days on the Market (updated on Last Modified**):55

Additional Information

Unit Location:Corner Unit
Number of Photos:9
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:EXP Realty LLC
Universal Property Id:US-12086-N-0131310323650-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5085
Street Direction Prefix:NW
Street Address:5085 NW 7th St 715
Unit Number:715
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5085 NW 7th St 715, Miami, FL 33126
Latitude:N25° 46' 47.2''
Longitude:W81° 43' 21.7''

Neighborhood

Postal City:Miami

Property Map

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