221 NW 7 AVE, Miami, FL 33128

221 NW 7 AVE, Miami, FL 33128 is a 25-bedroom, 24-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1949 with 8,969 square feet of living space on a 14,989 square foot lot. The property is currently owned by BOWERY 690 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-08-17 for $7,550,000, when ARVAT CORPORATION sold to BOWERY 690 LLC. The property has appreciated $7,549,900 (7549900%) since the prior sale of $100 on 2013-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $3,000,000 with a market value of $3,000,000. This breaks down to $2,098,460 for the land and $901,540 for the building. The assessed value increased 63% from $1,840,262 in 2024.

The median household income in this area is $55,194, and the median home value is $290,500. The population density is 25,494 people per square mile. This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property.

221 NW 7 AVE, Miami, FL 33128 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2001 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 40% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $842 per square foot — a key metric for comparing value across Miami's real estate market..