BLUE LAGOON CONDO
Homes for Sale in Miami, FL

BLUE LAGOON CONDO market snapshot (as of July 20, 2026): the median sale price is about $300K ($387 per sq ft over the trailing 12 months of closed sales), and a median 32 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level miami closed sales (15 closings in the current window).

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.