Blue Lagoon
Condos for Sale in Miami, FL

Blue Lagoon Condo market snapshot (as of November 10, 2026): the median sale price is about $270K ($394 per sq ft over the trailing 12 months of closed sales), a median 11 days on market for closed sales, and 44.0 months of supply, a buyer-leaning market.

In ZIP 33126 (Miami), 28 homes closed in the last 12 months at a median of $270K ($290/sq ft), with a median 58 days on market. Right now 28 active and 4 pending listings put supply at about 12.0 months — a soft market. See the live ZIP 33126 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 81 homes in BLUE LAGOON Condo that have changed hands since 2009, built between 2003 and 2003 (median 2003), with a median living area of about 902 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

A Miami-Dade condo market where compact unit sizes push the per-square-foot number higher even as the overall median price stays approachable, with pricing power currently sitting more with buyers than sellers.

The relationship between the $300,000 median price and the $386.86 median price per square foot is the story here: divide one by the other and you land on a unit size well under a typical single-family footprint. This is a market for buyers evaluating a smaller condo purchase on a cost-per-square-foot basis, not a market to compare directly against detached homes.

A -8.8% year-over-year shift alongside a market heat score of 37 signals reduced competitive pressure compared to prior conditions. That gives buyers more latitude on offer terms and inspection contingencies, while sellers need to lean on condition and pricing precision rather than assuming multiple-offer momentum. At 15 closings in the recorded window, this is a market with enough transaction volume to trust the pricing signal, but not so much that outlier sales won't skew it — comparable selection matters.

In a smaller-unit, cooling-price condo market like this one, the per-square-foot math and the comparable pool matter more than the headline median. We pull the closing-level detail behind the $300,000 figure so you're pricing or offering against real recent sales, not a blended average that hides condition differences.