5501 NW 7 ST E116, Miami, FL 33126

5501 NW 7 ST E116, 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 FERMIN CARDENAS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-09-15 for $50,000, when FEDERAL NATL MORTGAGE ASSN sold to FERMIN CARDENAS. The property sold for $43,861 less than the prior sale of $93,861 on 2011-06-22. There are 3 recorded sales for this property.

The 2025 assessed value is $51,602 with a market value of $158,000. The assessed value increased 3% from $50,148 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 E116, 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 2003 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 103% of the most recent sale price.

Based on the most recent sale, this property traded at $76 per square foot — a key metric for comparing value across Miami's real estate market..