5537 NW 5 AVE, Miami, FL 33127

5537 NW 5 AVE, Miami, FL 33127 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1925 with 1,493 square feet of living space on a 7,500 square foot lot. The property is currently owned by SIM GROUP LLC, recorded as of 2026-04-07. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-16 for $520,000, when MANGO STATE INVESTMENT LLC sold to SIM GROUP LLC. The property has appreciated $220,000 (73%) since the prior sale of $300,000 on 2022-02-28. There are 4 recorded sales for this property.

The 2025 assessed value is $400,305 with a market value of $406,125. This breaks down to $307,500 for the land and $98,625 for the building. The assessed value increased 10% from $365,173 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 $319,427 recorded against this property. 5537 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 2014 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price.

Based on the most recent sale, this property traded at $348 per square foot — a key metric for comparing value across Miami's real estate market..