5501 NW 7 ST E101, Miami, FL 33126

Parcel: 0131310240050 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$62,376

Property Details

Beds
2
Baths
2
Living Sqft
852
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
1982-05-01
2
$73,000
2000-04-01
3
$19,000-74%
2019-08-18
JOSE M NOVOAJOSE M NOVOA

Tax Assessment History

$62,376
Assessed (2025)
$195,000
Market Value
$0
Taxable Value
2024
$60,619
$190,308
2025
$62,376
$195,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $62,376 $195,000 $0
2024 $60,619 $190,308 $0

About 5501 NW 7 ST E101, Miami, FL 33126

5501 NW 7 ST E101, Miami, FL 33126 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1972 with 852 square feet of living space. The property is currently owned by JOSE M NOVOA GLORIA A NOVOA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-08-18 for $19,000, when JOSE M NOVOA sold to JOSE M NOVOA. The property sold for $54,000 less than the prior sale of $73,000 on 2000-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $62,376 with a market value of $195,000. The assessed value increased 3% from $60,619 in 2024. The property has the following tax exemptions: homestead.

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. 5501 NW 7 ST E101, 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 1982 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 328% 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 $22 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOSE M NOVOA GLORIA A NOVOA
5501 NW 7 ST E101, MIAMI, FL, 33126
Since: 2026-04-19
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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