5055 NW 7 ST 501, Miami, FL 33126
Parcel: 0131310200490 · Residential · Condominium - Residential · Zoning: 6106
Assessed Value (2025)
$167,492
Property Details
Beds
2
Baths
2
Living Sqft
1,037
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$95,000
2014-08-28
FEDERAL HOME LOAN MORTGAGE CORP → NILO SOMOANO JTRS
2
$100non-market transfer
2018-11-20
NILO SOMOANO JTRS → CONCEPCION MARINA SOMOANO
3
$100non-market transfer
2021-04-22
CONCEPCION MARINA SOMOANO → CONCEPCION M SOMOANO LE
Tax Assessment History
$167,492
Assessed (2025)
$227,563
Market Value
$167,492
Taxable Value
$3,410
Annual Tax
2024
$152,266
$206,875
2025
$167,492
$227,563
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $167,492 | $227,563 | $167,492 | $3,410 | $0 | $0 |
| 2024 | $152,266 | $206,875 | $152,266 | $3,100 | $0 | $0 |
About 5055 NW 7 ST 501, Miami, FL 33126
5055 NW 7 ST 501, Miami, FL 33126 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1973 with 1,037 square feet of living space. The property is currently owned by CONCEPCION M SOMOANO LE REM CONCEPCION M SOMOANO TRS, 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 2021-04-22 for $100, when CONCEPCION MARINA SOMOANO sold to CONCEPCION M SOMOANO LE . There are 3 recorded sales for this property. The 2025 assessed value is $167,492 with a market value of $227,563.
The assessed value increased 10% from $152,266 in 2024. The median household income in this area is $59,779, and the median home value is $263,200. The population density is 54,361 people per square mile.
5055 NW 7 ST 501, Miami, FL 33126 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 2014 to 2021, with 3 recorded transactions in the public record..
Current Owner
CONCEPCION M SOMOANO LE REM CONCEPCION M SOMOANO TRS
5055 NW 7 ST 210, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$2,074 — $3,814
Flood $400 — $800
Property/Wind $1,674 — $3,014
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$59,779
Median Home Value$263,200
Pop. Density54,361/sq mi
Neighborhood 33126
29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
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