1515 NW 7 ST, Miami, FL 33125
Parcel: 0131350800010 · Drive-In Restaurant · Retail Outlet · Zoning: 6100
Assessed Value (2025)
$2,913,160
Property Details
Living Sqft
2,620
Year Built
2001
Lot Sqft
24,193
Stories
1
DRIVE-IN RESTAURANT : RETAIL OUTLET
Sales History
1
$540,000
2001-05-01
2
$7,052,800+1206%
2014-10-23
BT FOODS INC → COLONIAL SUITES INC
3
$2,970,000-58%
2024-11-11
COLONIAL SUITES INC → RALGO ON NW 7 STREET LLC
4
$2,970,000
2024-11-21
Tax Assessment History
$2,913,160
Assessed (2025)
$2,913,160
Market Value
$2,913,160
Taxable Value
$59,310
Annual Tax
2024
$2,237,561
$2,926,800
2025
$2,913,160
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,913,160 | $2,913,160 | $2,913,160 | $59,310 | $2,903,160 | $10,000 |
| 2024 | $2,237,561 | $2,926,800 | $2,237,561 | $45,555 | $2,903,160 | $23,640 |
About 1515 NW 7 ST, Miami, FL 33125
1515 NW 7 ST, Miami, FL 33125 is a drive-in restaurant : retail outlet built in 2001 with 2,620 square feet of living space on a 24,193 square foot lot. The property is currently owned by RALGO ON NW 7 STREET 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 2024-11-21 for $2,970,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,913,160 with a market value of $2,913,160.
This breaks down to $2,903,160 for the land and $10,000 for the building. The assessed value increased 30% from $2,237,561 in 2024. The median household income in this area is $32,917, and the median home value is $546,900.
The population density is 13,859 people per square mile. 1515 NW 7 ST, Miami, FL 33125 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 2001 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $1134 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
RALGO ON NW 7 STREET LLC
1955 NW 110 AVE, MIAMI, FL, 33172
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$23,705 — $41,584
Flood $400 — $800
Property/Wind $23,305 — $40,784
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$32,917
Median Home Value$546,900
Pop. Density13,859/sq mi
Neighborhood 33125
39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
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