5085 NW 7 ST 505, Miami, FL 33126

Parcel: 0131310322460 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$203,168

Property Details

Beds
1
Baths
1
Living Sqft
685
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$126,000
2008-01-01
2
$130,000+3%
2012-05-23
ISRAEL HANINACESAR R LARRABURE GALVEZ JTRS
3
$290,000+123%
2024-09-27
CESAR R LARRABURE GALVEZ JTRSSARAIS PAYERO
4
$290,000
2024-10-16

Tax Assessment History

$203,168
Assessed (2025)
$203,168
Market Value
$152,446
Taxable Value
$3,104
Annual Tax
2024
$167,945
$203,168
2025
$203,168
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $203,168 $203,168 $152,446 $3,104
2024 $167,945 $203,168 $167,945 $3,419

About 5085 NW 7 ST 505, Miami, FL 33126

5085 NW 7 ST 505, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2003 with 685 square feet of living space. The property is currently owned by SARAIS PAYERO, 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 2024-10-16 for $290,000. There are 4 recorded sales for this property. The 2025 assessed value is $203,168 with a market value of $203,168.

The assessed value increased 21% from $167,945 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. There are active mortgage liens totaling $256,266 recorded against this property. 5085 NW 7 ST 505, 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 2008 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price.

Based on the most recent sale, this property traded at $423 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

SARAIS PAYERO
5085 NW 7 ST 205, MIAMI, FL, 33126
Since: 2026-03-29
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 →

Mortgages

ACTIVE
$261,000
~$256,266 bal.
AMERICAN PACIFIC MORTGAGE CORP · 2024-10-16
Est. Total Balance $256,266
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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