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Built in 2003 - 195 units - 17 floors

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Building Information

Blue Lagoon 3

Number of units: 195
Active listings for rent: 3
Active listings for sale: 2
Building inventory for sale: 1%
Number of sales over the last 12 months: 6
Number of sales over the last 6 months: 4
Number of sales over the last 3 months: 3
Avg. time to close over last 12 months: 62 days

Address

5085 NW 7 St, Miami, Miami-Dade, FL, 33126

Blue Lagoon
Condominium Association, Inc.
5077 NW 7 Street
Miami, Florida 33126
Phone:(305) 442-1494
Fax:(305) 442-1491

Link: https://www.bluelagooncondominiums.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1101 1,080 sq ft Dec 2025 $433,000 $401
1509 685 sq ft Oct 2025 $260,000 $380
PH1 1,080 sq ft Oct 2025 $387,000 $358
802 914 sq ft Jul 2025 $385,000 $421
702 914 sq ft Jan 2025 $370,000 $405
512 685 sq ft Jan 2025 $280,000 $409

Market Information

Building vs Area

Blue Lagoon 3: $414/sq. ft.
Miami: $627/sq. ft.

Area vs City

Miami $627/sq. ft.
Miami-Dade $671/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 4%

Avg. time to close over last 12 months

Blue Lagoon 3 62 days
Miami: 70 days
Miami-Dade: 77 days