1648 SW 7 ST, Miami, FL 33135

Parcel: 0141020120050 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 6101

Assessed Value (2025)
$1,441,600

Property Details

Beds
20
Baths
8
Living Sqft
6,014
Year Built
1924
Lot Sqft
5,000
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$926,900
2020-03-16
PALAZZO LITTLE HAVANA LLC1648 INVESTMENTS LLC
2
$2,500,000+170%
2022-03-29
1648 INVESTMENTS LLCPURUSHOTTAM GAYATRI DURLABHDAS
3
$2,500,000
2022-04-05
4
$2,225,000-11%
2025-01-14
PURUSHOTTAM GAYATRI DURLABHDAS ELLA SULONOV TRS
5
$2,225,000
2025-01-23

Tax Assessment History

$1,441,600
Assessed (2025)
$1,441,600
Market Value
$1,441,600
Taxable Value
$29,350
Annual Tax
2024
$1,729,002
2025
$1,441,600
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,441,600 $1,441,600 $1,441,600 $29,350
2024 $1,729,002 $1,729,002 $1,729,002 $35,201

About 1648 SW 7 ST, Miami, FL 33135

1648 SW 7 ST, Miami, FL 33135 is a 20-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1924 with 6,014 square feet of living space on a 5,000 square foot lot. The property is currently owned by ELLA E SULONOV TRS THE PARADISE II IRREV TR, 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 2025-01-23 for $2,225,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,441,600 with a market value of $1,441,600.

This breaks down to $500,000 for the land and $941,600 for the building. The assessed value decreased 17% from $1,729,002 in 2024. The median household income in this area is $35,841, and the median home value is $300,000.

The population density is 31,051 people per square mile. There are active mortgage liens totaling $1,125,250 recorded against this property. 1648 SW 7 ST, Miami, FL 33135 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 2020 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 65% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $370 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ELLA E SULONOV TRS THE PARADISE II IRREV TR
9229 COLLINS AVE 1010S, MIAMI, FL, 33154
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$17,699 — $32,515
Flood $400 — $800
Property/Wind $17,299 — $31,715

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$35,841
Median Home Value$300,000
Pop. Density31,051/sq mi

Neighborhood 33135

31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$1,125,250
A&S CAPITAL LLC · 2021-07-12
Est. Total Balance $1,125,250
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales