1050 Southwest 7th Street, Miami, FL 33130 Property Information
1050 Southwest 7th Street, Miami, FL 33130 Property Information
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Address
| Primary address | 1050 Southwest 7th Street, Miami |
| Zip code | 33130 |
| County | Miami-Dade |
| Municipality | Miami |
| Neighborhood | Little Havana |
| Parcel ID | 0141020054990 |
Sales & Tax Overview for 1050 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 | 02/24/2021 |
| Sale price | $950,000 |
| Arm's length | Register |
| Property tax | $20,592 |
Lot & Building Information for 1050 Southwest 7th Street, Miami
| Building sqft | 5,418 |
| Building class | Multifamily 2-9 Units: Multifamily 3 or More Units (0803) |
| Acreage | 0.157 |
| Year built | 1968 |
| Stories | 1 |
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 1050 Southwest 7th Street, Miami
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About 1050 Southwest 7th Street, Miami
1050 Southwest 7th Street, Miami, FL 33130 was built in 1968 and has a total of 5,418 square feet.
What is the assessed value of 1050 Southwest 7th Street, Miami, FL 33130 and the property tax paid?Assessed at $977,075, the tax amount paid for 1050 Southwest 7th Street, Miami, FL 33130 is $20,592.
When was 1050 Southwest 7th Street, Miami, FL 33130 last sold and what was the last sale price?1050 Southwest 7th Street, Miami, FL 33130 was last sold in 02/24/2021 for $950,000.
How many residential units does this building have?This building has 6 residential unit(s). There are 1 active listings at this address.
Ownership Information
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Spaces for Sale in 1050 Southwest 7th Street, Miami
| Listing type | For Sale |
|---|---|
| Listing date | 07/22/2024 |
| Last updated | 01/23/2025 |
AA
In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!
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Past Sales & Property History for 1050 Southwest 7th Street, Miami
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*Here are the three most recent sales for this property.
Title Documents for 1050 Southwest 7th Street, Miami
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R: Recorded date
D: Document date
Property Taxes for 1050 Southwest 7th Street, Miami
Access detailed property tax data for 1050 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 | $20,592 |
| Market value | $1,137,300 |
| Assessed value | $977,075 |
Assessment History for 1050 Southwest 7th Street, Miami
Here's the assessment & property tax history for 1050 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 | $1,139,207 | $888,250 | 20.0332 | $19,451 | +5.38% |
| 2023 | $917,842 | $888,250 | 20.5564 | $18,457 | +4.49% |
| 2022 | $856,841 | $856,841 | 20.6152 | $17,664 | +25.44% |
| 2021 | $702,724 | $643,129 | 21.2466 | $14,082 | +8.53% |
| 2020 | $609,220 | $584,663 | 21.2981 | $12,975 | +14.36% |
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 1050 Southwest 7th Street, Miami
Here are the neighbors for 1050 Southwest 7th Street, Miami.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1019 SW 8th St, Miami | 3,980 | 05/27/1998 | $251,500 |
| 642 SW 10th Ave, Miami | 3,679 | 09/01/2021 | $1,150,000 |
| 717 SW 11th Ave, Miami | 25,242 | 05/28/2014 | $2,400,000 |
| 1001 SW 8th St, Miami | 13,800 | 01/15/2015 | $1,900,000 |
| 1220 NW 7th St, Miami | 4,160 | 08/24/2005 | $10 |
| 740 SW 10th Ave, Miami | 03/21/2018 | $1,200,000 | |
| 1055 SW 8th St, Miami | 6,268 | 07/29/2008 | $760,000 |
| 1230 NW 7th St, Miami | 3,364 | 08/24/2005 | $10 |
| 1030 SW 7th St, Miami | 3,820 | 06/26/2018 | $810,000 |
| 626 SW 10th Ave, Miami | 1,425 | 12/23/2024 | $604,000 |
| 1019 SW 7th St, Miami | 5,196 | 06/30/2009 | $10 |
| 1040 SW 7th St, Miami | 4,176 | 11/04/2013 | $500,000 |
| 1036 SW 7th St, Miami | 10,810 | 05/15/2006 | $1,176,893 |
| 1031 SW 8th St, Miami | 450 | 08/30/2011 | $225,000 |
| 640 NW 12th Ave, Miami | 1,144 | 12/29/2020 | $1 |
| 1002 SW 7th St, Miami | 2,842 | 03/21/2018 | $1,200,000 |
| 634 SW 10th Ave, Miami | 1,625 | 09/01/2023 | $584,500 |
| 1052 SW 7th St, Miami | 1,064 | 04/19/2002 | $70,000 |
| 1061 SW 8th St, Miami | 5,282 | ||
| 746 SW 10th Ave, Miami | 1,998 | 01/31/2006 | $10 |