5631 NW 5 CT, Miami, FL 33127

Parcel: 0131130420601 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$99,405

Property Details

Beds
2
Baths
2
Living Sqft
888
Year Built
1956
Lot Sqft
6,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$110,000
2005-03-01
2
$185,000+68%
2006-02-01
3
$305,600+65%
2025-08-08
CARLOS MEJIASWELLS FARGO BANK NA TRS
4
$305,600
2025-08-12

Tax Assessment History

$99,405
Assessed (2025)
$336,638
Market Value
$99,405
Taxable Value
$2,024
Annual Tax
2024
$90,369
$322,072
2025
$99,405
$336,638
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $99,405 $336,638 $99,405 $2,024
2024 $90,369 $322,072 $90,369 $1,840

About 5631 NW 5 CT, Miami, FL 33127

5631 NW 5 CT, Miami, FL 33127 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1956 with 888 square feet of living space on a 6,250 square foot lot. The property is currently owned by WELLS FARGO BANK NA TRS C/O SHELLPOINT MTG SERVICING, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-08-12 for $305,600. There are 4 recorded sales for this property. The 2025 assessed value is $99,405 with a market value of $336,638.

This breaks down to $256,250 for the land and $80,388 for the building. The assessed value increased 10% from $90,369 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 $150,000 recorded against this property. 5631 NW 5 CT, 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 2025, with 4 recorded transactions in the public record. The current assessed value represents 33% 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 $344 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

WELLS FARGO BANK NA TRS C/O SHELLPOINT MTG SERVICING
75 BEATTIE PL 300, GREENVILLE, SC, 29601
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 →

Mortgages

ACTIVE
$150,000
0
MIGUEL A CORRAL · 2022-05-17
Est. Total Balance $150,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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