5055 NW 7 ST 1005, Miami, FL 33126

Parcel: 0131310201180 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$103,500

Property Details

Beds
1
Baths
1
Living Sqft
369
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2005-05-01
2
$100non-market transfer
2009-03-22
JULIE TREMOSRAUL G PEDRERO
3
$95,000
2020-12-21
RAUL G PEDRERONILO SOMOANO

Tax Assessment History

$103,500
Assessed (2025)
$103,500
Market Value
$103,500
Taxable Value
$2,107
Annual Tax
2024
$95,243
$103,500
2025
$103,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $103,500 $103,500 $103,500 $2,107
2024 $95,243 $103,500 $95,243 $1,939

About 5055 NW 7 ST 1005, Miami, FL 33126

5055 NW 7 ST 1005, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 369 square feet of living space. The property is currently owned by NILO SOMOANO, 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 2020-12-21 for $95,000, when RAUL G PEDRERO sold to NILO SOMOANO. The property has appreciated $94,900 (94900%) since the prior sale of $100 on 2009-03-22. There are 3 recorded sales for this property.

The 2025 assessed value is $103,500 with a market value of $103,500. The assessed value increased 9% from $95,243 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 1005, 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 2005 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price. Based on the most recent sale, this property traded at $257 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

NILO SOMOANO
5055 NW 7 ST 710, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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
View full risk analysis →
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