Miami-Dade County  »  33126  »  NW 7th St  »  5040 NW 7th St

5040 Northwest 7th Street, Miami, FL 33126 - Property report

Also known as: 5040 NW 7th St

Property image for 5040 Northwest 7th Street, Miami, FL 33126
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Property type

Office Building - Multistory: Office Building (1813)

Year built

1986

Acreage

1.33

Sale price

$18,000,000

General information

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Address
Primary address
5040 Northwest 7th Street
ZIP code
33126
County
Miami-Dade
Municipality
01
Neighborhood
014106127
Parcel ID
0141061270010
Qualifier

Owner

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Sales
Sale date
04/28/2022
Sale price
$18,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$287,824
Building
Property type
Office Building - Multistory: Office Building (1813)
Building sq. ft.
87,654
Buildings on lot
2
Stories
9
Year built
1986
Lot
Total sq. ft.
104,307
Acreage
1.33
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
65 /100.  Somewhat Walkable
Transit score
42 /100.  Some Transit
Bike score
61 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 5040 Northwest 7th Street, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5040 Northwest 7th Street, Miami, FL 33126

Sale date Sale price Buyer name Seller name
04/28/2022 $18,000,000 XXXXXX XXX XXXXX XXX XXXX XXXX XX XXX
01/29/2021 $14,500,000 XXXX XXXX XX XXX XXXX XXXXXXX XXX
05/09/2013 $5,700,000 XXXX XXXXX XXXX XXX XXXXX XXXXXXXX XXX & XXX XX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/02/2022 - R
04/28/2022 - D
Deed XXXX XXXX XX XXX XXXXXX XXX XXXXX XXX
02/01/2021 - R
01/29/2021 - D
Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing XXXX XXXX XX XXX XXXX XXXXXX XXX
02/01/2021 - R
01/29/2021 - D
Deed XXXX XXXXXXX XXX XXXX XXXX XX XXX
12/30/2020 - R
12/21/2020 - D
Notice of Commencement XXXXX XXXXX X X
08/08/2019 - R
08/05/2019 - D
Notice of Commencement X XXXXXX
07/26/2019 - D
07/26/2019 - R
Notice of Commencement XXX XXXXX XXXXXX
04/04/2018 - R
03/30/2018 - D
Notice of Commencement XXXXXXXX XXXXXXXX
10/04/2017 - D
10/04/2017 - R
Notice of Termination XXXX XXXXX XXXX XXX XXXXXX XXX
05/09/2013 - D
05/09/2013 - R
Deed XXXXX XXXXXXXX XXX & XXX XX XXXX XXXXX XXXX XXX
08/22/2012 - D
08/22/2012 - R
Certificate of Title XXXX XXXX XXXXX XXXXXXXX XXX & XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5040 Northwest 7th Street, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$287,824
Recent tax assessments
Market value
$14,400,000
Land value
$4,924,475
Building value
$9,475,525
Assessed value
$14,400,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $14,400,000 $14,400,000 19.9878 $287,824 -0.23%
2024 $14,400,000 $14,400,000 20.0332 $288,478 -2.55%
2023 $14,400,000 $14,400,000 20.5564 $296,012 -0.29%
2022 $14,400,000 $14,400,000 20.6152 $296,859 +70.30%
2021 $9,900,000 $7,370,000 21.2466 $174,320 +22.16%
2020 $6,700,000 $6,700,000 21.2981 $142,697 -0.23%
2019 $6,700,000 $6,700,000 21.3464 $143,021 +1.91%
2018 $6,700,000 $6,700,000 20.9454 $140,334 -1.13%
2017 $6,700,000 $6,700,000 21.1842 $141,934 -1.47%
2016 $6,600,000 $6,156,172 21.8256 $144,049 +6.91%

Permit information for 5040 Northwest 7th Street, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Demographics by ZIP code

Total population
47,307
Median age
46.4
Average household income
$70,217
Family households
64.4%
People per household (average)
2.5
Occupied housing units
18,714
Owner-occupied units
36.5%
Median year structure built
1977
Median value mortgaged units
$395,500
Median value unmortgaged units
$337,500

Risk

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FEMA flood zones

FEMA flood zones
AH

Transportation

Daily traffic map

Access the detailed traffic volume map for 5040 Northwest 7th Street, Miami, FL 33126 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 5040 Northwest 7th Street, Miami, FL 33126?

The development at 5040 Northwest 7th Street, Miami, FL 33126 was built in 1986.

What is the market value of 5040 Northwest 7th Street, Miami, FL 33126?

The current market value of 5040 Northwest 7th Street, Miami, FL 33126 is $14,400,000.

What is the total square footage of 5040 Northwest 7th Street, Miami, FL 33126?

5040 Northwest 7th Street, Miami, FL 33126 has a total of 87,654 square feet.

What is the price per square foot for this property?

$205 per square foot is the price for 5040 Northwest 7th Street, Miami, FL 33126.

Disclaimer

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