5050 NW 7 ST 601, Miami, FL 33126

Parcel: 0141061210060 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$198,536

Property Details

Beds
3
Baths
2
Living Sqft
1,120
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2005-09-01
2
$110,000
2013-07-22
ADELAIDA E ARROYO GUTIERREZFEDERAL NATIONAL MORTGAGE ASSOC
3
$85,000-23%
2014-07-25
FEDERAL NATIONAL MORTGAGE ASSOCR & Z GROUP LLC

Tax Assessment History

$198,536
Assessed (2025)
$198,536
Market Value
$198,536
Taxable Value
$4,042
Annual Tax
2024
$36,520
$190,900
2025
$198,536
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $198,536 $198,536 $198,536 $4,042
2024 $36,520 $190,900 $36,520 $744

About 5050 NW 7 ST 601, Miami, FL 33126

5050 NW 7 ST 601, Miami, FL 33126 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1973 with 1,120 square feet of living space. The property is currently owned by R & Z GROUP 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 2014-07-25 for $85,000, when FEDERAL NATIONAL MORTGAGE ASSOC sold to R & Z GROUP LLC. The property sold for $25,000 less than the prior sale of $110,000 on 2013-07-22. There are 3 recorded sales for this property.

The 2025 assessed value is $198,536 with a market value of $198,536. The assessed value increased 444% from $36,520 in 2024. The median household income in this area is $51,667, and the median home value is $420,500.

The population density is 18,449 people per square mile. 5050 NW 7 ST 601, Miami, FL 33126 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 2014, with 3 recorded transactions in the public record. The current assessed value represents 234% 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 $76 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

R & Z GROUP LLC
6441 SW 63 TER, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,385 — $4,373
Flood $400 — $800
Property/Wind $1,985 — $3,573

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$51,667
Median Home Value$420,500
Pop. Density18,449/sq mi

Neighborhood 33126

29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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