5055 NW 7 ST 506, Miami, FL 33126
Parcel: 0131310200540 · Residential · Condominium - Residential · Zoning: 6106
Assessed Value (2025)
$252,252
Property Details
Beds
3
Baths
2
Living Sqft
1,326
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$43,600
1976-04-01
2
$100non-market transfer
2019-03-14
MARIA DREIZE → MARIA DREIZE LE
3
$275,000
2023-02-28
LIVIA R DREIZE → NILO SOMOANO
4
$275,000
2023-03-02
Tax Assessment History
$252,252
Assessed (2025)
$275,184
Market Value
$252,252
Taxable Value
$5,136
Annual Tax
2024
$229,320
2025
$252,252
$275,184
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $252,252 | $275,184 | $252,252 | $5,136 | $0 | $0 |
| 2024 | $229,320 | $229,320 | $229,320 | $4,669 | $0 | $0 |
About 5055 NW 7 ST 506, Miami, FL 33126
5055 NW 7 ST 506, Miami, FL 33126 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1973 with 1,326 square feet of living space. The property is currently owned by NILO SOMOANO JANINE LABRADA, 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 2023-03-02 for $275,000. There are 4 recorded sales for this property. The 2025 assessed value is $252,252 with a market value of $275,184.
The assessed value increased 10% from $229,320 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 506, 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 1976 to 2023, with 4 recorded transactions in the public record.
The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $207 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
NILO SOMOANO JANINE LABRADA
5055 NW 7 ST 710, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$2,922 — $5,340
Flood $400 — $800
Property/Wind $2,522 — $4,540
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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