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2
Bedrooms
2
Bathrooms
923 sqft
Interior
2003
Year built
$571 / mo
HOA
Condominium
Type
About this home
Don’t miss this incredible opportunity! Beautifully maintained 2-bedroom, 2-bath condo in the highly sought-after Blue Lagoon Condominium, priced to sell quickly! Whether you’re looking for your next home or a great investment, this is a property you won’t want to miss. Enjoy one of this residence’s best features: a spacious private balcony overlooking the resort-style pool, the perfect place to relax, entertain, or enjoy the peaceful views. The unit features a bright, spacious layout, tile flooring throughout, and the convenience of an in-unit washer and dryer. Blue Lagoon is a gated waterfront community along beautiful Blue Lagoon Lake, offering spectacular water views, scenic walking paths, and a true resort-style atmosphere in the heart of Miami. Residents enjoy 24-hour security, a resort-style pool and spa, fitness center, business center, Jet Ski docks, beauty salon, convenience store, mini golf, seven BBQ grills, picnic areas, and beautifully landscaped grounds. Perfectly located minutes from Miami International Airport, Coral Gables, Downtown Miami, major highways, shopping, and restaurants, this community offers the ideal blend of comfort, convenience, and lifestyle. Exceptional value. Incredible location. Beautiful pool views. Priced to sell, schedule your private showing today before this opportunity is gone!
Features
- First Floor Entry
- None
- Open Balcony
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,100.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.