Atlantic Luxury AdvisorsKeller Williams Realty Services

25 photos

5085 NW 7th St #906

Miami, FL 33126

$379,000
2
2
923 sq ft
2003
1 car
Condominium
$571/mo
90
Active

Listing courtesy of Compass Florida, LLC. Contact: [email protected].

About this home

Wake up to peaceful Blue Lagoon views while enjoying one of Miami’s most convenient locations. This spacious 2-bedroom, 2-bath residence offers nearly 1,000 square feet of bright, functional living space, providing the comfort of a larger home without the premium price tag. Enjoy tranquil lagoon views and an outstanding collection of resort-style amenities, including a heated pool, spa, sauna, fully equipped fitness center, billiards room, media lounge, and outdoor barbecue area. The unit also includes one assigned covered parking space, plus ample guest parking. Perfectly positioned just minutes from Miami International Airport, Brickell, Downtown Miami, Coral Gables, and major highways, you’ll enjoy effortless access to everything Miami has to offer while coming home to a peaceful waterfront setting. Don’t miss this opportunity to own one of the best values in the Blue Lagoon area. Come see it today.

Virtual tour
What it costs to own
Estimated monthly payment
$3,241/mo
Principal and interest
$1,916
Property tax
$521
Homeowners insurance
$233
HOA
$571

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,249/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$571/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2003, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2033. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.