507 SW 7 AVE, Homestead, FL 33030

507 SW 7 AVE, Homestead, FL 33030 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1954 with 1,273 square feet of living space on a 4,947 square foot lot. The property is currently owned by ASAD SHEHADEH, 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 2009-07-16 for $20,000, when WELLS FARGO BNK NA TRS sold to ASAD SHEHADEH. The property has appreciated $10,000 (100%) since the prior sale of $10,000 on 2009-04-30. There are 3 recorded sales for this property.

The 2025 assessed value is $47,749 with a market value of $221,628. This breaks down to $103,887 for the land and $117,741 for the building. The assessed value increased 10% from $43,409 in 2024.

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. 507 SW 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 2005 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 239% 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 $16 per square foot — a key metric for comparing value across Homestead's real estate market..