5201 NW 7 ST 408, Miami, FL 33126

Parcel: 0131310221610 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$183,625

Property Details

Beds
1
Baths
1
Living Sqft
756
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$38,500
1980-06-01
2
$45,000+17%
1996-06-01
3
$130,000+189%
2018-09-24
LIDIA ROSA GONZALEZALEXIS MONTENEGRO

Tax Assessment History

$183,625
Assessed (2025)
$183,625
Market Value
$183,625
Taxable Value
$3,738
Annual Tax
2024
$92,306
$183,625
2025
$183,625
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $183,625 $183,625 $183,625 $3,738
2024 $92,306 $183,625 $42,306 $861

About 5201 NW 7 ST 408, Miami, FL 33126

5201 NW 7 ST 408, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1972 with 756 square feet of living space. The property is currently owned by ALEXIS MONTENEGRO, 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 2018-09-24 for $130,000, when LIDIA ROSA GONZALEZ sold to ALEXIS MONTENEGRO. The property has appreciated $85,000 (189%) since the prior sale of $45,000 on 1996-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $183,625 with a market value of $183,625. The assessed value increased 99% from $92,306 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. There are active mortgage liens totaling $102,618 recorded against this property. 5201 NW 7 ST 408, 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 1980 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 141% 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 $172 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ALEXIS MONTENEGRO
4242 NW 2 ST, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,236 — $4,105
Flood $400 — $800
Property/Wind $1,836 — $3,305

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 →

Mortgages

ACTIVE
$108,750
~$102,618 bal.
DG PINNACLE FUNDING · 2021-09-03
Est. Total Balance $102,618
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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