518 SW 7 AVE, Miami, FL 33130

518 SW 7 AVE, Miami, FL 33130 is a 5-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1947 with 1,763 square feet of living space on a 5,650 square foot lot. The property is currently owned by NICHOLAS J DE LA PARTE JTRS DANNY DE LA PARTE JTRS, 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 2014-02-10 for $135,000, when U S BANK N A TRS sold to NICHOLAS J DE LA PARTE JTRS. The property has appreciated $31,900 (31%) since the prior sale of $103,100 on 2013-10-17. There are 3 recorded sales for this property.

The 2025 assessed value is $403,289 with a market value of $575,000. This breaks down to $565,000 for the land and $10,000 for the building. The assessed value increased 10% from $366,627 in 2024.

The median household income in this area is $54,031, and the median home value is $1,442,300. The population density is 35,277 people per square mile. 518 SW 7 AVE, Miami, FL 33130 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 1998 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 299% 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 $77 per square foot — a key metric for comparing value across Miami's real estate market..