5500 NE 7 AVE, Miami, FL 33137

5500 NE 7 AVE, Miami, FL 33137 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1950 with 2,213 square feet of living space on a 11,016 square foot lot. The property is currently owned by VICTOR MANUEL HERNANDEZ JR MARISA PIA CAPUA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-05-17 for $499,000, when KATHRYN MIKESELL sold to VICTOR MANUEL HERNANDEZ JR. The property has appreciated $179,000 (56%) since the prior sale of $320,000 on 2011-09-06. There are 3 recorded sales for this property.

The 2025 assessed value is $1,087,047 with a market value of $2,404,817. This breaks down to $1,817,722 for the land and $587,095 for the building. The assessed value increased 3% from $1,056,412 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $96,833, and the median home value is $1,188,500. The population density is 4,093 people per square mile. 5500 NE 7 AVE, Miami, FL 33137 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 2010 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 218% 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 $225 per square foot — a key metric for comparing value across Miami's real estate market..