940 SW 7 AVE, Miami, FL 33130

940 SW 7 AVE, Miami, FL 33130 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1957 with 2,619 square feet of living space on a 4,423 square foot lot. The property is currently owned by MANUEL DEL ORO SONIA DIAZ DEL ORO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-05-25 for $267,000, when ALBERTO J CABRERA sold to MANUEL DEL ORO. The property has appreciated $47,000 (21%) since the prior sale of $220,000 on 2011-12-02. There are 3 recorded sales for this property.

The 2025 assessed value is $575,525 with a market value of $779,498. This breaks down to $353,840 for the land and $425,658 for the building. The assessed value increased 10% from $523,205 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $80,803, and the median home value is $392,900.

The population density is 23,350 people per square mile. 940 SW 7 AVE, Miami, FL 33130 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 1991 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 216% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $102 per square foot — a key metric for comparing value across Miami's real estate market..