The central regions of galaxies harboring Active Galactic Nuclei (AGNs) can be quite complex, especially at high activity, presenting, besides variability, a variety of phenomena related, for example, to ionization/excitation mechanisms. A detailed study is necessary in order to understand better those objects. For that reason, we performed a multiwavelength analysis of the nuclear region of the nearby Seyfert galaxy NGC 7314, using an optical data cube obtained with the Integral Field Unit from the Gemini Multi-Object Spectrograph, together with Hubble Space Telescope images, X-ray data from the XMM–Newton and the Nuclear Spectroscopic Telescope Array and radio data from Atacama Large Millimeter/Submillimeter Array. The goals were to study the nuclear and circumnuclear emission, the emission of the AGN and the gas kinematics. The optical spectrum shows the emission of a Seyfert nucleus, with broad components in the Hα and Hβ emission lines, characterizing a type 1 AGN, with a spectrum rich in coronal emission lines. The spatial morphology of the [O iii] λ5007 suggests the presence of an ionization cone, west of the nucleus, meanwhile the east cone seems to be obscured by dust. An extended [Fe vii] λ6087 emission was also detected, which could be possibly explained by a scenario involving photoionization+shocks mechanisms. X-rays analyses showed that there are variations in the flux, however we did not detect any variations in the column density along the line of sight. Its variability may be a consequence of changes in the AGN accretion rate.