5077 NW 7th St # 1012, Miami FL 33126 | Miami-Dade County | A11964502
- $315,000
- $315,000
Description
This beautiful 1-bedroom, 1-bath apartment has been tastefully updated and features impact glass for added peace of mind. Located in a highly desirable community, it offers stunning water views that you’ll love waking up to. The property includes water, and residents enjoy 24-hour security in a gated, fenced complex. In-unit washer and dryer for your convenience. Enjoy access to a range of fantastic on-site amenities including a swimming pool, sauna, gym, jacuzzi, and recreational areas. A mini market on the first floor adds extra convenience for daily essentials.
Property Overview
This is a 1-bedroom, 1-bath condominium of about 685 square feet at 5077 NW 7th St # 1012, Miami FL 33126 (Miami 33126), listed at $315,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $424.
The tax of record is $3,211 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $6,300/yr (≈ $525/mo); with the homestead exemption on a primary residence, about $5,300/yr (≈ $442/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $315,000. Fixtures and built-in appliances are standard, but the MLS record does not state if the unit is furnished; this must be confirmed.
The home itself conveys its interior components. The listed community amenities—including the pool, sauna, exercise room, child play area, and elevators—are shared HOA features. For precise verification of what is included, contact Christopher Lazaro, Miami Real Estate Broker.
Where exactly is it, and what should I know about the location?
The property is located in Miami, Florida 33126. This is part of the coastal corridor west of Miami International Airport.
To discuss the specific characteristics of this area and available neighborhood data, you should contact Christopher Lazaro, Miami Real Estate Broker, directly for verification.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this condominium is $424. The fee covers All Amenities, Building Exterior, Common Area, Elevator, Outside Maintenance, Parking, Pool Service, Security, and Water, as recorded in the association's governing documents.
All communities are subject to applicable city ordinances, which can be reviewed in the Miami Municipal Code. For precise verification of these fees and any pending assessments, you should contact Christopher Lazaro, Miami Real Estate Broker, directly.
What are the property taxes and homestead implications?
The tax of record is $3,211 for 2025. Florida reassesses upon sale, so as an estimate only at the $315,000 list price and a Miami-Dade rate near 2.0%: without a homestead exemption, annual property tax would be approximately $6,300, or about $525 per month. With the homestead exemption, which lowers the taxable value for a primary residence, the estimate is about $5,300 per year, or roughly $442 monthly.
These are estimates, not quotes; you must confirm figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification, contact Christopher Lazaro, Miami Real Estate Broker.
Is the home in a flood zone, and what does that mean?
This property is located in a high-risk flood zone, designated as an AE zone by FEMA. This classification means there is at least a 1% annual chance of flooding, and lenders will require flood insurance for a mortgage. You can review FEMA's flood zone definitions and view the FEMA flood map for this address for precise details.
For a complete assessment of the insurance implications and costs, contact Christopher Lazaro, Miami Real Estate Broker, for verification and guidance.
Are pets allowed?
Pets are allowed, with restrictions or possible restrictions, per the MLS record. A nonrefundable pet fee applies, and we will obtain the association's exact current rules for this unit upon your request.
Separate federal accommodation rules apply for documented service or assistance animals. For definitive verification of all policies, contact Christopher Lazaro, Miami Real Estate Broker.
How is the price set and is there room to negotiate?
The price is set using a Comparative Market Analysis of recent sales in the building and vicinity. For broader context, Miami-Dade condos have recently been closing at 94% of list, averaging about 64 days on market.
To determine the precise negotiation room for this unit, I recommend a detailed Miami-specific CMA before you formulate an offer. Contact Christopher Lazaro, Miami Real Estate Broker, to verify the analysis and discuss strategy.
What financing step do you recommend before touring?
I recommend securing a mortgage pre-approval before touring any property. This requires speaking with a Florida-licensed mortgage loan officer, which you can do here. A pre-approval clarifies your budget and strengthens your position when you decide to make an offer.
For specific guidance on this property or to verify financial details, please reach out to me, Christopher Lazaro, Miami Real Estate Broker, directly.
Monthly Fees & Carrying Costs
| Association Fee | $424 / month |
| Total Monthly Fees | $424 / month |
- Membership Required: Yes
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 7th St
-
City: Miami
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33126
-
Area: BLUE LAGOON CONDO
Details
Updated on July 15, 2026 at 6:41 am-
Property ID A11964502
-
Price $315,000
-
Property Size 685 Sq Ft
-
Bedroom 1
-
Room 0
-
Bathroom 1
-
Garage 0
-
Year Built 2003
-
Type Condominium
-
Property Status Active, Residential
Additional details
-
Flooring Other
-
Bedroom Features Other
-
Cooling Central Air, Electric
-
Association Type Condo
-
Building Blue Lagoon
-
Association Fee Frequency Monthly
-
Area Blue Lagoon Condo
-
Annual Tax 3211
-
Association Yes
-
Elementary School Flagler; Henry M.
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront No
-
Full Bathrooms 1
-
Subdivision BLUE LAGOON CONDO
-
Total Stories 13
-
Restrictions Other Restrictions
-
Maintenance Includes All Amenities, Building Exterior, Common Area, Elevator, Outside Maintenance, Parking, Pool Service, Security, Water
-
Amenities Child Play Area, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna
-
Parking 1 Space, Assigned
-
Heating Central, Electric
-
Structure Type Condo 5+ Stories, Condo
-
Tax Year 2025
-
Construction CBS Construction
-
Building Area 685
-
Covered Spaces 0
-
Middle School Kinlock Park
-
Unit Floor 10
-
View Pool Area View, Water View
-
Year Built Details Resale
-
High School South Miami
-
Pets Allowed Yes
-
Attached Yes
-
Unit Number 1012
-
Half Bathrooms 0
-
Flood Zone AH
-
Patio / Porch Open Balcony
-
New Construction No
-
Garage Spaces 0
-
Style Condo 5+ Stories
-
Association Fee 424
-
Lot Size (Sq Ft) 0
-
Membership Purchase Required Yes
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees