521 NE 38 ST 7, Miami, FL 33137

Parcel: 0132190410070 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$229,912

Property Details

Beds
2
Baths
1.5
Living Sqft
1,299
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$270,000
2005-12-01
2
$25,100-91%
2010-08-30
LAZARO MORFAUS BANK NATIONAL ASSOC TRS
3
$82,000+227%
2011-04-07
US BANK NATIONAL ASSOC TRSJOSE E GAMAS

Tax Assessment History

$229,912
Assessed (2025)
$301,184
Market Value
$229,912
Taxable Value
$4,681
Annual Tax
2024
$209,011
$289,600
2025
$229,912
$301,184
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $229,912 $301,184 $229,912 $4,681
2024 $209,011 $289,600 $209,011 $4,255

About 521 NE 38 ST 7, Miami, FL 33137

521 NE 38 ST 7, Miami, FL 33137 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1981 with 1,299 square feet of living space. The property is currently owned by JOSE E GAMAS, 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 2011-04-07 for $82,000, when US BANK NATIONAL ASSOC TRS sold to JOSE E GAMAS. The property has appreciated $56,900 (227%) since the prior sale of $25,100 on 2010-08-30. There are 3 recorded sales for this property.

The 2025 assessed value is $229,912 with a market value of $301,184. The assessed value increased 10% from $209,011 in 2024. 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. 521 NE 38 ST 7, 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 2005 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 280% 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 $63 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOSE E GAMAS
3838 N BAYSHORE DR, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,699 — $4,938
Flood $400 — $800
Property/Wind $2,299 — $4,138

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$96,833
Median Home Value$1,188,500
Pop. Density4,093/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
Zoom in to see property sales