511 NW 48 ST, Miami, FL 33127

511 NW 48 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1941 with 1,395 square feet of living space on a 5,000 square foot lot. The property is currently owned by 511 DEVELOPMENT 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 2024-08-28 for $535,000. There are 4 recorded sales for this property. The 2025 assessed value is $447,906 with a market value of $447,906.

This breaks down to $340,000 for the land and $107,906 for the building. The assessed value increased 526% from $71,588 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 $49,685, and the median home value is $657,900. The population density is 8,510 people per square mile.

There are active mortgage liens totaling $367,363 recorded against this property. 511 NW 48 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 2008 to 2024, with 4 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 $384 per square foot — a key metric for comparing value across Miami's real estate market..