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Waterfront · Condominium
$275,000$401 / sqft

5085 NW 7th St # 909, Miami FL 33126

1
Bedrooms
1
Bathrooms
685 sqft
Interior
2003
Year built
$423 / mo
HOA
Condominium
Type

About this home

Beautiful 1-bedroom, 1-bath apartment offering approximately 685 SF of comfortable living space in the desirable Blue Lagoon community. Built in 2002, this residence features partial views of the lake and Miami International Airport, creating a unique urban-waterfront atmosphere. Residents enjoy access to resort-style amenities including a clubhouse, heated pool, jacuzzi, sauna, fitness center, BBQ areas, children’s playground, electric vehicle charging stations, and an on-site mini market. Centrally located with convenient access to Coral Gables, Little Havana, Doral, and the Brickell financial district, as well as major highways, shopping, dining, and entertainment. Ideal for end users or investors seeking a prime Miami location.

Features

  • Lobby
  • Pantry
  • Open Balcony
  • Lake
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,814

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,391
HOA
$423 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Keller Williams Realty International Lifestyles

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.