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1
Bedrooms
1
Bathrooms
685 sqft
Interior
2003
Year built
$423 / mo
HOA
Condominium
Type
About this home
Welcome to Blue Lagoon Condo in Miami, where waterfront living meets modern convenience. This one-bedroom, one-bath condo offers 685 square feet of thoughtfully designed living space situated on the 9th floor. This property provides direct access to the natural beauty and lifestyle benefits of Miami. The open floor plan maximizes functionality within the unit, creating an efficient layout ideal for those seeking a streamlined, low-maintenance lifestyle. Located in the established Blue Lagoon community, this property presents an excellent opportunity for buyers looking to invest in waterfront living with all the advantages of condominium ownership. The property comes with washer and dryer, stainless steel appliances, a tankless water heater. the community offers a gym and a beauty parlor.
Features
- Interior Hall
- Lobby
- Elevator
- Barbeque
- Open Balcony
- Other
- Lagoon
- Lake
- Pool
- Lagoon View
- Lake View
- Other Water View
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.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.