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Condominium at 5099 NW 7th St # 505, Miami FL 33126Active
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Waterfront · Condominium
$355,000$336 / sqft

5099 NW 7th St # 505, Miami FL 33126

2
Bedrooms
1
Bathrooms
1,056 sqft
Interior
2003
Year built
$652 / mo
HOA
Condominium
Type

About this home

Don’t miss the opportunity to own this very spacious apartment with spectacular views of the park and lagoon in the highly desirable Blue Lagoon condominium. This resort-style community offers outstanding amenities including a semi-Olympic pool, jacuzzi, sauna, gym, BBQ area, kids playground, electric car charging stations, mini market, salon, and more. ??? Excellent location near major highways, Coral Gables, Downtown Miami, Brickell, and Miami International Airport. The unit includes 2 assigned parking spaces and an in-unit washer and dryer for your convenience. Due to FIRPA requirements, Seller would only consider offers from Homestead primary home buyers.

Features

  • Fire Sprinklers
  • Split Bedroom
  • Open Balcony
  • Garden View
  • Lagoon

Location

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

Estimated loan & HOA

$2,447

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

Principal & interest
$1,795
HOA
$652 / 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
Floridian Realty Corp.

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.