5624 NW 5 AVE, Miami, FL 33127

5624 NW 5 AVE, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1941 with 1,256 square feet of living space on a 6,250 square foot lot. The property is currently owned by BLACK ROYCE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-12-21 for $207,000, when GENEVA HODGES sold to GONFRA REAL ESTATE SOLUTIONS INC. The property sold for $68,000 less than the prior sale of $275,000 on 2021-12-21. There are 3 recorded sales for this property.

The 2025 assessed value is $315,880 with a market value of $351,605. This breaks down to $256,250 for the land and $95,355 for the building. The assessed value increased 16% from $273,318 in 2024.

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. There are active mortgage liens totaling $679,000 recorded against this property. 5624 NW 5 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 2005 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 153% 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 $165 per square foot — a key metric for comparing value across Miami's real estate market..