721 SW 7 ST, Homestead, FL 33030

Parcel: 1078130040280 · Multifamily 2-9 Units · 2 Living Units · Zoning: 1900

Assessed Value (2025)
$280,256

Property Details

Beds
4
Baths
2
Living Sqft
1,346
Year Built
1966
Lot Sqft
7,920
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2005-07-01
2
$161,300
2019-10-03
DEBORAH J LUCAS TRMALENA SUAREZ
3
$400,000+148%
2024-12-17
MALENA SUAREZFM 721 LLC
4
$300,000-25%
2025-01-02

Tax Assessment History

$280,256
Assessed (2025)
$280,256
Market Value
$280,256
Taxable Value
$5,706
Annual Tax
2024
$188,404
$267,422
2025
$280,256
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $280,256 $280,256 $280,256 $5,706
2024 $188,404 $267,422 $188,404 $3,836

About 721 SW 7 ST, Homestead, FL 33030

721 SW 7 ST, Homestead, FL 33030 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1966 with 1,346 square feet of living space on a 7,920 square foot lot. The property is currently owned by FM 721 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 2025-01-02 for $300,000. The property sold for $100,000 less than the prior sale of $400,000 on 2024-12-17. There are 4 recorded sales for this property.

The 2025 assessed value is $280,256 with a market value of $280,256. This breaks down to $135,660 for the land and $144,596 for the building. The assessed value increased 49% from $188,404 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $26,268, and the median home value is $243,200.

The population density is 6,925 people per square mile. There are active mortgage liens totaling $315,326 recorded against this property. 721 SW 7 ST, Homestead, FL 33030 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2005 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 93% of the most recent sale price.

Based on the most recent sale, this property traded at $223 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

FM 721 LLC
2800 GLADES CIR 159, WESTON, FL, 33327
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,763 — $6,965
Flood $400 — $800
Property/Wind $3,363 — $6,165

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$26,268
Median Home Value$243,200
Pop. Density6,925/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$320,000
~$315,326 bal.
BLUEPEAK MORTGAGE INC · 2025-01-02
Est. Total Balance $315,326
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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