NOT LISTED FOR SALE

5040 NW 7th St Unit 470 Miami, FL 33126

Flagami Neighborhood
-- Bed
-- Bath
104,307 Sq Ft
1,307 Sq Ft Lot

About This Home

This home is located at 5040 NW 7th St Unit 470, Miami, FL 33126. 5040 NW 7th St Unit 470 is a home located in Miami-Dade County with nearby schools including Henry M. Flagler Elementary School, Kinloch Park Middle School, and South Miami Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Necg 5040 Bh Llc
Bought by
Valoro Med Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,700,000
Outstanding Balance
$11,042,870
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2021
Sold by
Netz 50Forty Llc
Bought by
Necg 5040 Bh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,090,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2013
Sold by
First Citizens Bank & Trust Company
Bought by
Tmsa Altis 5040 Llc

Purchase Details

Closed on
Aug 7, 2012
Sold by
5040 Corp
Bought by
First Citizens Bank & Trust Co

Purchase Details

Closed on
Dec 31, 1997
Sold by
Financial Federal Savings & Loan
Bought by
5040 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
7.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valoro Med Owner Llc $18,000,000 Sachs Sax Caplan Pl
Necg 5040 Bh Llc $14,500,000 Riverside Abstract Llc
Tmsa Altis 5040 Llc $5,700,000 Attorney
First Citizens Bank & Trust Co $200 --
5040 Corp $3,574,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valoro Med Owner Llc $11,700,000
Previous Owner Necg 5040 Bh Llc $1,090,000
Previous Owner 5040 Corp $3,300,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $282,096 $14,400,000 $4,924,475 $9,475,525
2024 $296,012 $14,081,445 $5,503,825 $8,577,620
2023 $296,012 $13,448,260 $4,171,320 $9,276,940
2022 $296,859 $14,400,000 $3,186,425 $11,213,575
2021 $174,320 $7,370,000 $0 $0
2020 $142,697 $6,700,000 $2,896,750 $3,803,250
2019 $143,021 $6,700,000 $2,896,750 $3,803,250
2018 $140,334 $6,700,000 $2,896,750 $3,803,250
2017 $141,934 $6,700,000 $0 $0
2016 $137,612 $6,156,172 $0 $0
2015 $134,745 $6,060,000 $0 $0
2014 $134,632 $5,936,520 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33126 Flagami

5040 NW 7th St Unit 470, Miami, FL

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