5085 NW 7th St

Miami, FL 33126

$370,000

$401/ft²

2Beds

2Baths

923Sq ft

2003Year built

CondoType

About this home

Don’t miss this incredible opportunity! Beautifully maintained 2-bedroom, 2-bath condo in the highly sought-after Blue Lagoon Condominium, priced to sell quickly! Whether you’re looking for your next home or a great investment, this is a property you won’t want to miss. Enjoy one of this residence’s best features: a spacious private balcony overlooking the resort-style pool, the perfect place to relax, entertain, or enjoy the peaceful views. The unit features a bright, spacious layout, tile flooring throughout, and the convenience of an in-unit washer and dryer. Move-in ready! Blue Lagoon is a gated waterfront community along beautiful Blue Lagoon Lake, offering spectacular water views, scenic walking paths, and a true resort-style atmosphere in the heart of Miami. Residents enjoy 24-hour security, a resort-style pool and spa, fitness center, business center, Jet Ski docks, beauty salon, convenience store, mini golf, seven BBQ grills, picnic areas, and beautifully landscaped grounds. Perfectly located minutes from Miami International Airport, Coral Gables, Downtown Miami, major highways, shopping, and restaurants, this community offers the ideal blend of comfort, convenience, and lifestyle. Exceptional value. Incredible location. Beautiful pool views. Priced to sell, schedule your private showing today before this opportunity is gone!

Property details

Listing

MLS #: A12058835
Status: For sale
Listed on: Jul 27, 2026
Days on market: 13 days
Listing data updated: Jul 28, 2026

Interior

Beds: 2
Baths: 2
Living area: 923 ft²
Price per ft²: $401/ft²
Unit: 406

Building & community

Type: Condo
Year built: 2003
HOA fee: $571/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,871
Property taxes (est.): $339
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $571

Estimated total$3,098*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?