5500 NE 1 CT, Miami, FL 33137

5500 NE 1 CT, Miami, FL 33137 is a 3-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1952 with 2,098 square feet of living space on a 6,120 square foot lot. The property is currently owned by OMG TRUST, 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 2012-02-15 for $60,000, when JOSEPH ST VICTOR sold to OMG TRUST. The property sold for $48,000 less than the prior sale of $108,000 on 2003-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $160,086 with a market value of $413,396. This breaks down to $336,600 for the land and $76,796 for the building. The assessed value increased 10% from $145,533 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. 5500 NE 1 CT, 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 2000 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 267% 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 $29 per square foot — a key metric for comparing value across Miami's real estate market..