Jose A. Cordero sold a two-bedroom, two-bath home at 5085 NW Seventh St., Unit 716, in Miami, to Luis Aldrey for $163,000 on March 19.

The 979-square-foot home last sold for $279,000 in November 2005. It is located in the Blue Lagoon condo development.

According to BlockShopper, there have been 3,041 home sales in Miami during the past 12 months with a median sale price of $215,000.

Address: 5085 Northwest 7th Street, Unit: 716
Buyer(s): Luis Aldrey
Seller(s): Jose A Cordero
Sale date: Mar. 19, 2014