1071 NW 51 ST, Miami, FL 33127
Parcel: 0131230061540 · Residential - Single Family · 1 Unit · Zoning: 0104
Assessed Value (2025)
$357,337
Property Details
Beds
3
Baths
2
Living Sqft
1,504
Year Built
1951
Lot Sqft
6,950
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$200,000
2020-09-25
EVELYN BEST EST OF → MELVIN L BROWNLEE
2
$395,000+98%
2024-12-16
MELVIN L BROWNLEE → ARG ASSETS LLC
3
$395,000
2024-12-23
4
$600,000+52%
2025-05-29
ARG ASSETS LLC → BINA MAISON
5
$600,000
2025-06-05
Tax Assessment History
$357,337
Assessed (2025)
$357,337
Market Value
$357,337
Taxable Value
$7,275
Annual Tax
2024
$279,909
$357,434
2025
$357,337
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $357,337 | $357,337 | $357,337 | $7,275 | $187,650 | $169,687 |
| 2024 | $279,909 | $357,434 | $279,909 | $5,699 | $187,650 | $169,784 |
About 1071 NW 51 ST, Miami, FL 33127
1071 NW 51 ST, Miami, FL 33127 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1951 with 1,504 square feet of living space on a 6,950 square foot lot. The property is currently owned by BINA MAISON, 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 2025-06-05 for $600,000. There are 5 recorded sales for this property. The 2025 assessed value is $357,337 with a market value of $357,337.
This breaks down to $187,650 for the land and $169,687 for the building. The assessed value increased 28% from $279,909 in 2024. 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 $504,853 recorded against this property. 1071 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 2020 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 60% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $399 per square foot — a key metric for comparing value across Miami's real estate market..
Est. Annual Insurance
$4,688 — $8,661
Flood $400 — $800
Property/Wind $4,288 — $7,861
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
Mortgages
ACTIVE
$510,000
DEEPHAVEN MORTGAGE LLC · 2025-06-05
1 satisfied mortgage
SATISFIED 2023-06-21
$260,000
CARRINGTON MORTGAGE SERVICES LLC
Est. Total Balance $504,853
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales