5505 NW 7 ST W116, Miami, FL 33126

5505 NW 7 ST W116, 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 EL LAGO 5055 LLC, 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 2021-07-09 for $135,000, when MARIA CARIDAD JIMENEZ sold to EL LAGO 5055 LLC. The property sold for $10,000 less than the prior sale of $145,000 on 2006-05-01. 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 7% from $147,457 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. 5505 NW 7 ST W116, 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 1995 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price. Based on the most recent sale, this property traded at $204 per square foot — a key metric for comparing value across Miami's real estate market..