1245 NW 51 TER, Miami, FL 33142

1245 NW 51 TER, Miami, FL 33142 is a 2-bedroom, 1-bathroom multifamily 2-9 units : 2 living units built in 1947 with 1,928 square feet of living space on a 5,000 square foot lot. The property is currently owned by DIEUMAITRE SILLERY &W MARIE C SILLERY, 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 1986-08-01 for $40,600. The property has appreciated $14,800 (57%) since the prior sale of $25,800 on 1985-07-01. The 2025 assessed value is $150,932 with a market value of $318,669.

This breaks down to $135,000 for the land and $183,669 for the building. The assessed value increased 7% from $140,817 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. 1245 NW 51 TER, Miami, FL 33142 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 1985 to 1986, with 2 recorded transactions in the public record. The current assessed value represents 372% 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 $21 per square foot — a key metric for comparing value across Miami's real estate market..