5951 NE 1 AVE, Miami, FL 33137

5951 NE 1 AVE, Miami, FL 33137 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1929 with 1,518 square feet of living space on a 5,460 square foot lot. The property is currently owned by ALEJANDRO PAEZ MAURICIO PAEZ, 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 2014-12-03 for $55,000, when U S BANK NATL ASSOC TRS sold to ALEJANDRO PAEZ. The property has appreciated $17,900 (48%) since the prior sale of $37,100 on 2013-08-15. There are 3 recorded sales for this property.

The 2025 assessed value is $166,920 with a market value of $357,040. This breaks down to $223,861 for the land and $133,179 for the building. The assessed value increased 10% from $151,746 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 $35,271, and the median home value is $394,100.

The population density is 11,799 people per square mile. 5951 NE 1 AVE, Miami, FL 33137 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 2014, with 3 recorded transactions in the public record. The current assessed value represents 303% 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 $36 per square foot — a key metric for comparing value across Miami's real estate market..