505 NW 7 AVE, Homestead, FL 33030

505 NW 7 AVE, Homestead, FL 33030 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1949 with 696 square feet of living space on a 7,102 square foot lot. The property is currently owned by JOSE NOE TZUNUN & SAMUEL TZUNUN JTRS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2008-01-01 for $102,600. The property has appreciated $75,600 (280%) since the prior sale of $27,000 on 1989-04-01. The 2025 assessed value is $62,126 with a market value of $208,425.

This breaks down to $134,938 for the land and $73,487 for the building. The assessed value increased 12% from $55,466 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.

505 NW 7 AVE, 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 1989 to 2008, with 2 recorded transactions in the public record.

The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $147 per square foot — a key metric for comparing value across Homestead's real estate market..