5501 NW 7 ST E404, Miami, FL 33126

Parcel: 0131310240320 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$158,000

Property Details

Beds
1
Baths
1
Living Sqft
662
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$99,100
2015-05-17
JOSIANE C MERLET FEDERAL NATIONAL MORTGAGE ASSN
2
$94,000-5%
2015-11-06
FEDERAL NATIONAL MORTGAGE ASSNRONNY LEMEGA
3
$130,000+38%
2018-03-02
RONNY LEMEGAERNESTO CAMACHO

Tax Assessment History

$158,000
Assessed (2025)
$158,000
Market Value
$158,000
Taxable Value
$3,217
Annual Tax
2024
$152,049
$165,600
2025
$158,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $158,000 $158,000 $158,000 $3,217
2024 $152,049 $165,600 $152,049 $3,096

About 5501 NW 7 ST E404, Miami, FL 33126

5501 NW 7 ST E404, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1972 with 662 square feet of living space. The property is currently owned by ERNESTO CAMACHO, 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 2018-03-02 for $130,000, when RONNY LEMEGA sold to ERNESTO CAMACHO. The property has appreciated $36,000 (38%) since the prior sale of $94,000 on 2015-11-06. There are 3 recorded sales for this property.

The 2025 assessed value is $158,000 with a market value of $158,000. The assessed value increased 4% from $152,049 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. 5501 NW 7 ST E404, 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 2015 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $196 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ERNESTO CAMACHO
1425 ALGERIA AVE, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,980 — $3,800
Flood $400 — $800
Property/Wind $1,580 — $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 →
Zoom in to see property sales