5050 NW 7 ST 118, Miami, FL 33126

5050 NW 7 ST 118, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 624 square feet of living space. The property is currently owned by SERGIO RICHARD GUTIERREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-07-26 for $125,000, when AARON AVILA LOPEZ sold to SERGIO RICHARD GUTIERREZ. The property has appreciated $2,000 (2%) since the prior sale of $123,000 on 2017-12-28. There are 3 recorded sales for this property.

The 2025 assessed value is $111,165 with a market value of $146,395. The assessed value increased 303% from $27,604 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $29,045 recorded against this property.

5050 NW 7 ST 118, 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 1996 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $200 per square foot — a key metric for comparing value across Miami's real estate market..