3401 Northwest 7th Avenue

3401 Northwest 7th Avenue in Miami, FL was first built in 1987 and is 37 years old. This has been categorized as a commercial property type. It is a single story home. There is a 1 partial bathroom. 3401 Northwest 7th Avenue has 3,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,755 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3401 Northwest 7th Avenue was last sold in Dec 15, 2004 for $3,900. According to our calculations, that's $1.25 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Jan 1, 1970. Current property owners are expected to pay $8,261 in taxes per year. The property on 3401 Northwest 7th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $357,030. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.