1040 SW 7 ST, Miami, FL 33130

1040 SW 7 ST, Miami, FL 33130 is a 12-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1972 with 4,176 square feet of living space on a 6,850 square foot lot. The property is currently owned by BRICKELL GATE INC, 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 2013-10-28 for $500,000, when JUAN FERNANDEZ &W MERCEDES sold to BRICKELL GATE INC. The property has appreciated $340,000 (213%) since the prior sale of $160,000 on 1993-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $723,661 with a market value of $907,800. This breaks down to $685,000 for the land and $222,800 for the building. The assessed value increased 10% from $657,874 in 2024.

The median household income in this area is $28,611, and the median home value is $-666,666,666. The population density is 38,892 people per square mile. 1040 SW 7 ST, Miami, FL 33130 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 1978 to 2013, 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 $120 per square foot — a key metric for comparing value across Miami's real estate market..