7201 NE 5 AVE, Miami, FL 33138

7201 NE 5 AVE, Miami, FL 33138 is a 3-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1950 with 1,740 square feet of living space on a 7,540 square foot lot. The property is currently owned by TRM6 LLC C/O LAURENCE A HERRUP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-05-28 for $710,000, when DAMASO DANIEL MEDINA sold to TRM6 LLC. The property has appreciated $321,000 (83%) since the prior sale of $389,000 on 2017-06-23. There are 3 recorded sales for this property.

The 2025 assessed value is $703,477 with a market value of $703,477. This breaks down to $497,928 for the land and $205,549 for the building. The assessed value increased 1% from $697,567 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $92,162, and the median home value is $547,000.

The population density is 8,984 people per square mile. 7201 NE 5 AVE, Miami, FL 33138 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 1993 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $408 per square foot — a key metric for comparing value across Miami's real estate market..