950 NW 51 ST, Miami, FL 33127

Parcel: 0131230060790 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$248,473

Property Details

Beds
4
Baths
3
Living Sqft
1,587
Year Built
1940
Lot Sqft
5,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$26,400
2014-11-04
WILLIAM BROWNSUNNY ISLES ASSOCIATES LLC
2
$131,200+397%
2018-09-13
SUNNY ISLES ASSOCIATES LLCRFS INVESTOR LLC
3
$295,000+125%
2019-05-14
RFS INVESTOR LLCLUIS MELENDEZ

Tax Assessment History

$248,473
Assessed (2025)
$365,822
Market Value
$197,751
Taxable Value
$4,026
Annual Tax
2024
$240,855
$365,093
2025
$248,473
$365,822
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $248,473 $365,822 $197,751 $4,026
2024 $240,855 $365,093 $190,855 $3,886

About 950 NW 51 ST, Miami, FL 33127

950 NW 51 ST, Miami, FL 33127 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1940 with 1,587 square feet of living space on a 5,400 square foot lot. The property is currently owned by LUIS MELENDEZ ERICA ALCAIDE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-05-14 for $295,000, when RFS INVESTOR LLC sold to LUIS MELENDEZ. The property has appreciated $163,800 (125%) since the prior sale of $131,200 on 2018-09-13. There are 3 recorded sales for this property.

The 2025 assessed value is $248,473 with a market value of $365,822. This breaks down to $145,800 for the land and $220,022 for the building. The assessed value increased 3% from $240,855 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $37,550, and the median home value is $320,700. The population density is 9,415 people per square mile.

There are active mortgage liens totaling $127,814 recorded against this property. 950 NW 51 ST, 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 2019, with 3 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price. Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LUIS MELENDEZ ERICA ALCAIDE
950 NW 51 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,381 — $6,266
Flood $400 — $800
Property/Wind $2,981 — $5,466

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$37,550
Median Home Value$320,700
Pop. Density9,415/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
$135,000
~$127,814 bal.
SPACE COAST CU · 2025-09-25
2 satisfied mortgages
SATISFIED 2022-12-16
$37,136
SECRETARY HOUSING URBAN DEVELOPMENT
SATISFIED 2021-02-03
$313,701
FREEDOM MORTGAGE CORP
Est. Total Balance $127,814
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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