542 Southwest 7th Street, Miami, FL 33130 Property Information
542 Southwest 7th Street, Miami, FL 33130 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 542 Southwest 7th Street, Miami |
| Zip code | 33130 |
| County | Miami-Dade |
| Municipality | Miami |
| Neighborhood | Little Havana |
| Parcel ID | 0102040801060 |
Sales & Tax Overview for 542 Southwest 7th Street, Miami
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/16/2017 |
| Sale price | $555,000 |
| Arm's length | Register |
| Property tax | $40,283 |
Lot & Building Information for 542 Southwest 7th Street, Miami
| Building sqft | 12,437 |
| Building class | Multifamily 2-9 Units: Multifamily 3 or More Units (0803) |
| Acreage | 0.135 |
| Year built | 2022 |
| Stories | 3 |
Zoning, Use & Area Overview
| Zoning district | Register |
| School district | Miami-Dade County Public Schools |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 542 Southwest 7th Street, Miami
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About 542 Southwest 7th Street, Miami
542 Southwest 7th Street, Miami, FL 33130 was built in 2022 and has a total of 12,437 square feet.
What is the assessed value of 542 Southwest 7th Street, Miami, FL 33130 and the property tax paid?Assessed at $1,938,972, the tax amount paid for 542 Southwest 7th Street, Miami, FL 33130 is $40,282.
When was 542 Southwest 7th Street, Miami, FL 33130 last sold and what was the last sale price?542 Southwest 7th Street, Miami, FL 33130 was last sold in 11/16/2017 for $555,000.
How many residential units does this building have?This building has 8 residential unit(s). There are 1 active listings at this address.
Ownership Information
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Spaces for Sale in 542 Southwest 7th Street, Miami
| Listing type | For Sale |
|---|---|
| Listing date | 07/22/2024 |
| Last updated | 01/23/2025 |
AA
This is a new 33-bedroom co-living building in Little Havana designed to provide affordable, convenient, and move-in ready housing for middle-income renters aged 25-35 with incomes between $45k-$150k. Each private room comes with a unique digital lock for security, fully furnished, all utilities-included, professionally cleaned, and periodically serviced. Some rooms have shared bathrooms, while others have en-suite bathrooms, and the building has communal spaces such as spacious living rooms and fully equipped kitchens. Sellers have the option to sign a 5 year master lease with Common/Habyt, a multi-million dollar company and the world’s largest operator of co-living properties which comes with a corporate guarantee of an NOI of $282,673 and them assuming all maintenance costs.
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Past Sales & Property History for 542 Southwest 7th Street, Miami
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*Here are the three most recent sales for this property.
Title Documents for 542 Southwest 7th Street, Miami
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R: Recorded date
D: Document date
Property Taxes for 542 Southwest 7th Street, Miami
Access detailed property tax data for 542 Southwest 7th Street, Miami, FL 33130. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $40,283 |
| Market value | $2,169,200 |
| Assessed value | $1,938,972 |
Assessment History for 542 Southwest 7th Street, Miami
Here's the assessment & property tax history for 542 Southwest 7th Street, Miami, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $1,768,898 | $1,762,702 | 20.0332 | $35,353 | +1.73% |
| 2023 | $1,690,582 | $1,690,582 | 20.5564 | $34,752 | +363.26% |
| 2022 | $381,875 | $355,437 | 20.6152 | $7,502 | +6.09% |
| 2021 | $352,500 | $323,125 | 21.2466 | $7,071 | -5.82% |
| 2020 | $352,500 | $323,125 | 21.2981 | $7,508 | +65.51% |
Miami residential market stats
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Demographics By Zip Code
| Total population | 32,363 |
| Median age | 37 |
| Average household income | $97,519 |
| Family households | 43.8% |
| Occupied housing units | 17,027 |
| Owner occupied units | 14.9% |
| Average number of people per household | 1 |
| Median year structure built | 2002 |
| Median value for units with a mortgage | $484,700 |
| Median value for units without a mortgage | $471,600 |
Risk
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| FEMA flood zone(s) | X (See more on map) |
Transportation
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Neighbors for 542 Southwest 7th Street, Miami
Here are the neighbors for 542 Southwest 7th Street, Miami.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 570 SW 7th St, Miami | |||
| 531 SW 8th St, Miami | 2,752 | 10/14/1993 | $180,000 |
| 536 SW 7th St, Miami | 4,835 | 11/01/2018 | $781,000 |
| 510 SW 7th St, Miami | 1,372 | 05/04/1992 | $62,000 |
| 553 SW 8th St, Miami | 01/17/2018 | $1,500,000 | |
| 526 SW 7th St, Miami | 5,422 | 02/09/2010 | $10 |
| 665 SW 8th St, Miami | 17,784 | 07/29/2002 | $10,484,900 |
| 561 SW 8th St, Miami | 5,062 | 05/12/2010 | $10 |
| 559 SW 8th St, Miami | 1,870 | 08/03/2012 | $270,000 |
| 520 SW 7th St, Miami | 4,544 | 01/04/2024 | $1,375,000 |
| 590 SW 7th St, Miami | 6,056 | 05/10/1993 | $298,000 |
| 545 SW 8th St, Miami | 01/17/2018 | $1,500,000 | |
| 701 SW 7th Ave, Miami | 10/29/2014 | $575,000 | |
| 591 SW 8th St, Miami | 9,810 | 01/04/2018 | |
| 535 SW 8th St, Miami | 5,016 | 06/05/2002 | $345,000 |
| 500 SW 7th St, Miami | 2,204 | 05/17/2017 | $10 |
| 718 SW 5th Ave, Miami | 1,288 | 12/22/2017 | $10 |
| 676 SW 7th St, Miami | 2,070 | 08/27/2003 | $130,000 |
| 550 SW 7th St, Miami | 02/18/2000 | $230,000 | |
| 619 SW 8th St, Miami | 07/29/2002 | $10,484,900 |