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Condominium at 5077 NW 7th St # 1217, Miami FL 33126Active
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Condominium
$389,000$397 / sqft

5077 NW 7th St # 1217, Miami FL 33126

2
Bedrooms
2
Bathrooms
979 sqft
Interior
2003
Year built
$615 / mo
HOA
Condominium
Type

About this home

Amazing 2/2 condo at Blue Lagoon Condominiums with beautiful views of the city lights, Blue Lagoon, and Miami Airport. Unit features a spacious layout, in-unit washer and dryer, and one assigned parking space. Blue Lagoon offers resort-style amenities including a business center, heated pool, Jacuzzi, fitness center, grocery store, spa/sauna, beauty salon, BBQ areas by the lagoon, mini golf, children’s play area, party room, and EV charging stations. Convenient Central Miami location, just minutes from Miami International Airport, major highways, Downtown, and the beaches.

Features

  • Walk-In Closet(s)
  • Open Balcony
  • Garden View
  • Skyline

Location

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

Estimated loan & HOA

$2,582

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

Principal & interest
$1,967
HOA
$615 / 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
Factory Realty

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.