510 SW 5 AVE, Miami, FL 33130

510 SW 5 AVE, Miami, FL 33130 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1991 with 3,252 square feet of living space on a 5,000 square foot lot. The property is currently owned by PEDRO LUIS PEREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-08-08 for $167,500, when MARIA L PEREZ sold to PEDRO LUIS PEREZ . The property has appreciated $116,000 (225%) since the prior sale of $51,500 on 2015-04-21. There are 3 recorded sales for this property.

The 2025 assessed value is $684,043 with a market value of $898,280. This breaks down to $500,000 for the land and $398,280 for the building. The assessed value increased 10% from $621,858 in 2024.

The median household income in this area is $22,433, and the median home value is $432,700. The population density is 22,263 people per square mile. 510 SW 5 AVE, Miami, FL 33130 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 408% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $52 per square foot — a key metric for comparing value across Miami's real estate market..