5521 NW 1 AVE, Miami, FL 33127

Parcel: 0131130040041 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$428,706

Property Details

Beds
4
Baths
3
Living Sqft
2,180
Year Built
1962
Lot Sqft
6,960
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
N/Anon-market transfer
1989-09-01
2
$65,000
1990-01-01
3
$645,000+892%
2023-11-13
SAINT-ELOI LUCEL &W MARIEMHI LLC
4
$645,000
2023-12-19

Tax Assessment History

$428,706
Assessed (2025)
$428,706
Market Value
$428,706
Taxable Value
$8,728
Annual Tax
2024
$428,706
2025
$428,706
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $428,706 $428,706 $428,706 $8,728
2024 $428,706 $428,706 $428,706 $8,728

About 5521 NW 1 AVE, Miami, FL 33127

5521 NW 1 AVE, Miami, FL 33127 is a 4-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1962 with 2,180 square feet of living space on a 6,960 square foot lot. The property is currently owned by MHI LLC, 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 2023-12-19 for $645,000. There are 4 recorded sales for this property. The 2025 assessed value is $428,706 with a market value of $428,706.

This breaks down to $382,800 for the land and $45,906 for the building. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $31,406, and the median home value is $334,000. The population density is 10,865 people per square mile. 5521 NW 1 AVE, Miami, FL 33127 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 1989 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 66% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $296 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MHI LLC
5521 NW 1 AVE, MIAMI, FL, 33127
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,544 — $10,231
Flood $400 — $800
Property/Wind $5,144 — $9,431

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$31,406
Median Home Value$334,000
Pop. Density10,865/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →
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