5311 NW 3 AVE, Miami, FL 33127

5311 NW 3 AVE, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1955 with 1,378 square feet of living space on a 7,826 square foot lot. The property is currently owned by BAYONA & CARRASCAL GROUP 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 2020-01-28 for $320,000, when STACY WHITE sold to BAYONA & CARRASCAL GROUP LLC. The property has appreciated $319,990 (3199900%) since the prior sale of $10 on 2008-04-30. There are 3 recorded sales for this property.

The 2025 assessed value is $423,221 with a market value of $658,033. This breaks down to $586,950 for the land and $71,083 for the building. The assessed value increased 10% from $384,747 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. 5311 NW 3 AVE, 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 2020, with 3 recorded transactions in the public record. The current assessed value represents 132% 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 $232 per square foot — a key metric for comparing value across Miami's real estate market..