Home » Miami » Blue Lagoon Condo at 5085 7th St Miami » 5085 NW 7th St 505, Miami, FL 33126 | A11597941

Sold 5085 NW 7th St 505, Miami, FL 33126

$299,999
closed for a price of $290,000

Property Highlights

Listing ID A11597941 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 Waterfront Has a view of a lake 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 130 Days

5085 NW 7th St 505, Miami, FL 33126

Property Description: Amazing apartment (685SqFt) with 1 bedroom, 1 bathroom and 1 parking space, with beautiful view Blue Lagoon and Airport. Washer and Dryer inside the unit. The Blue Lagoon Condominiums has excellent location and spectacular amenities that include business center, heated pool, Jacuzzi, fitness center, grocery, spa/sauna, beauty salon, 7 BBQ in front of the lagoon, mini golf, kids play area, area for parties, Electric vehicle (EV) charging Station. Conveniently located in Central Miami, close to Miami International Airport and highway access to Downtown and the beaches in minutes.

Useful Info

Contingency:3rd Party Approval
Original List Price:$299,999
Close Price:$290,000
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:
  • Condo-Conversion
Architectural
Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Brick
Number of stories:17

Property Features

Has View:Yes
View from the Property:
  • Lake
Waterfront:Yes
Waterfront Features:
  • Lake Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Security Guard
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
Interior Features:
  • Closet Cabinetry
Exterior Features:
  • Barbecue
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,198

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

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
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):
  • Business Center
  • Pool
  • Spa/hot Tub
  • Trash
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Picnic Area
Subdivision Name:BLUE LAGOON CONDO
Association Fee Includes:
  • Common Areas
  • Amenities
Complex Name:BLUE LAGOON CONDO
Senior Community:No
Restrictions: No Corporate Buyer,No RV (recreational vehicle), No Truck

Parking

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

Public Schools Assigned

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

Elementary School:Norma Butler Bossard
High School:South Miami
Middle Or Junior School:Kinlock Park

More Details

Other Information:
Unit ViewLake
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease185
Type of Governing BodiesCondominium
Pet Fee150
Tax InformationTax Reflects No Exemptions,Tax Reflects No Homestead Tax
Number of times allowed to lease per year2
Flood ZoneAH
Homeowner's Association Application Fee450
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number32
Water Access Description:Dock Available

Zoning and Legal

Tax Legal Description:BLUE LAGOON CONDO UNIT 505 BLDG 3 UNDIV 0.1303% INT IN COMMON ELEMENTS OFF REC 23710-3703 COC 26219-3633 01 2008 1
Real Estate Folio Number (Parcel Number):01-31-31-032-2460
Public Survey Township:1
Public Survey Range:31
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:May 30, 2024 5:43 pm
On Market Date:May 30, 2024
Close Date:October 7, 2024
Price Change Date Time:May 30, 2024 1:59 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:October 9, 2024 9:29 am
Status Last Changed:October 9, 2024 9:29 am
Photos Last Modified:August 1, 2024 5:04 pm
Last Modified:October 9, 2024 1:30 pm
Days on the Market Reference Date:October 9, 2024
Days on the Market (updated on Last Modified*):85
Cumulative Days on the Market (updated on Last Modified**):85

Additional Information

Unit Location:High Rise
Number of Photos:27
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Soy Tu Realtor LLC
Universal Property Id:US-12025-N-0131310322460-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:5085
Street Direction Prefix:NW
Street Address:5085 NW 7th St 505
Unit Number:505
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade
Full Address:5085 NW 7th St 505, Miami, FL 33126
Latitude:N25° 46' 47.2''
Longitude:W81° 43' 21.7''

Neighborhood

Postal City:Miami

Property Map

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