5077 NW 7th St # 508, Miami FL 33126, MIAMI, FL, 33126
Active124 days on marketListed Apr 15, 2026MLS #A12001613
About this home
5077 NW 7th St # 508, Miami FL 33126
Enjoy this bright and spacious 2-bed, 2-bath condo as you primary residence, or take advantage of its strong, consistent rental history! The open-concept layout creates an airy and inviting atmosphere, while the private balcony overlooking the pool offers the perfect spot for peaceful mornings or relaxing evenings. Within the gated community, you’ll enjoy access to a fully equipped gym, sauna, pool table, beauty salon and ping-pong area , Electric Vehicle (EV) charging station — all with 24/7 guard security for added peace of mind. Close to MIA airport, Downtown and the beaches.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
922
Sqft
1
Garage
2003
Year built
$401
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,481 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,481/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+10.3%
$/sqft vs BLUE LAGOON CONDO
$401 vs $436
Days on market
124 vs 66 typical
Where $401/sqft sits among the 10 homes for sale in BLUE LAGOON CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flagami
Get to know Miami. See the full Miami guide →
Flagami — neighborhood snapshot
Population
55,032
Median age
48
Median income
$56,604
Median home value
$362,933
Avg household
3
Households w/ children
5,140
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 10
BLUE LAGOON CONDO have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9907% above the MIAMI 33126 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 5077 NW 7th St # 508
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$351,700
5077 NW 7th St # 903, Miami FL 33126 · same community
2 bd · 2 ba · 922 sqft · $381/sqft · 82 DOM
Sold · Dec ’25$390,000
5077 NW 7th St, Miami FL 33126 · same community
2 bd · 2 ba · 922 sqft · $423/sqft · 67 DOM
Sold · Jan ’26$405,000
5077 NW 7th St, Miami FL 33126 · same community
2 bd · 2 ba · 979 sqft · $414/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Dan Schriver
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5077 NW 7th St # 508 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5077 NW 7th St # 508 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Dan's phone and CRM.
Straight answers
5077 NW 7th St # 508 FAQs
What would the monthly payment be for 5077 NW 7th St # 508, Miami FL 33126?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,481/mo — principal and interest, the actual property-tax bill, the $570/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5077 NW 7th St # 508, Miami FL 33126?+
The association fee works out to $570 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5077 NW 7th St # 508, Miami FL 33126?+
The most recent tax bill on record (2025) was $4,914. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5077 NW 7th St # 508, Miami FL 33126?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $370,000, this home is listed about 39% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5077 NW 7th St # 508, Miami FL 33126?+
Henry M. Flagler Elementary School (elementary), Kinloch Park Middle School (middle), South Miami Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$370,000 runs 9907% above the MIAMI 33126 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $570/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $409,000, now $370,000 — a $39K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Zoila M Oro · Zoila Oro. MLS #A12001613.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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