7020 NE 5 AVE, Miami, FL 33138

7020 NE 5 AVE, Miami, FL 33138 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1936 with 1,227 square feet of living space on a 5,500 square foot lot. The property is currently owned by FELIPE RESTREPO 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 2024-04-16 for $211,100. There are 4 recorded sales for this property. The 2025 assessed value is $530,051 with a market value of $530,051.

This breaks down to $412,500 for the land and $117,551 for the building. The assessed value increased 19% from $443,578 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.

There are active mortgage liens totaling $656,685 recorded against this property. 7020 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 2012 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 251% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $172 per square foot — a key metric for comparing value across Miami's real estate market..