1451 NW 51 TER, Miami, FL 33142

1451 NW 51 TER, Miami, FL 33142 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2009 with 2,095 square feet of living space on a 5,000 square foot lot. The property is currently owned by MAGANA PMC LLC, 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 2013-10-24 for $95,100, when 1451 NW 51 TERRACE LLC sold to MAGANA PMC LLC. The property has appreciated $95,000 (95000%) since the prior sale of $100 on 2013-03-28. There are 3 recorded sales for this property.

The 2025 assessed value is $288,593 with a market value of $325,908. This breaks down to $124,200 for the land and $201,708 for the building. The assessed value increased 10% from $262,358 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. 1451 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 2013 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 303% 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 $45 per square foot — a key metric for comparing value across Miami's real estate market..