7230 SW 5 TER, Miami, FL 33144

7230 SW 5 TER, Miami, FL 33144 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,090 square feet of living space on a 6,000 square foot lot. The property is currently owned by NORBERTO ALVAREZ & MADELIN BARRIOS, 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 2000-07-01 for $125,000. The property has appreciated $25,000 (25%) since the prior sale of $100,000 on 1997-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $181,351 with a market value of $428,094. This breaks down to $270,000 for the land and $158,094 for the building. The assessed value increased 3% from $176,241 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $55,747, and the median home value is $405,800. The population density is 9,647 people per square mile.

7230 SW 5 TER, Miami, FL 33144 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 1989 to 2000, with 3 recorded transactions in the public record.

The current assessed value represents 145% 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 $115 per square foot — a key metric for comparing value across Miami's real estate market..