5500 NW 1 CT, Miami, FL 33127

5500 NW 1 CT, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1959 with 1,623 square feet of living space on a 6,391 square foot lot. The property is currently owned by ELY VELOZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-03-31 for $450,000, when ZOILA ALVAREZ sold to ELY VELOZ. The property has appreciated $449,900 (449900%) since the prior sale of $100 on 2014-09-17. There are 3 recorded sales for this property.

The 2025 assessed value is $476,771 with a market value of $476,771. This breaks down to $351,505 for the land and $125,266 for the building. The assessed value increased 7% from $445,734 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 $414,486 recorded against this property. 5500 NW 1 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 2013 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 106% of the most recent sale price.

Based on the most recent sale, this property traded at $277 per square foot — a key metric for comparing value across Miami's real estate market..