Skip to content
All listings
Condominium at 5091 NW 7th St # 02, Miami FL 33126Active
1 / 28

Photo 1 of 28

Waterfront · Condominium
$340,000$432 / sqft

5091 NW 7th St # 02, Miami FL 33126

2
Bedrooms
2
Bathrooms
787 sqft
Interior
2003
Year built
$569 / mo
HOA
Condominium
Type

About this home

Enjoy elevated waterfront living from this penthouse-level residence at Blue Lagoon Condo. This bright 2-bedroom, 2-bath unit offers captivating views of the lagoon and Miami International Airport, creating a unique backdrop of colorful sunrises, shimmering water, and the energy of Miami’s skyline. The residence features a private balcony, in-unit washer and dryer, assigned parking, and access to resort-style amenities, including a heated pool, fitness center, spa and sauna, business center, mini-market, children’s play area, BBQ stations, and scenic waterfront paths. Centrally located approximately 2–3 minutes from the Dolphin Expressway (SR-836), 6–8 minutes from the Palmetto Expressway (SR-826), and 10–15 minutes from Miami International Airport, with convenient access to Coral Gables, Downtown Miami, Doral, and major employment centers. A distinctive opportunity combining views, amenities, and exceptional connectivity in the heart of Miami.

Features

  • First Floor Entry
  • Elevator
  • No Additional Rooms
  • Barbeque
  • Open Balcony
  • Lagoon

Location

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

Estimated loan & HOA

$2,288

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

Principal & interest
$1,719
HOA
$569 / 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
Realty One Group Evolution

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.