5116 NW 3 AVE, Miami, FL 33127
Parcel: 0131240133640 · Vacant Residential · Vacant Land · Zoning: 5700
Assessed Value (2025)
$354,972
Sales History
1
$317,000
2021-08-10
INELL WILLIAMS → MV CASH FLOW LLC
2
$100non-market transfer
2023-12-01
MV CASH FLOW LLC → 5116 NW 3RD AVE LLC
3
N/A
2023-12-13
Tax Assessment History
$354,972
Assessed (2025)
$358,610
Market Value
$354,972
Taxable Value
$7,227
Annual Tax
2024
$407,346
2025
$354,972
$358,610
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $354,972 | $358,610 | $354,972 | $7,227 | $358,610 | $0 |
| 2024 | $407,346 | $407,346 | $407,346 | $8,293 | $322,702 | $84,644 |
About 5116 NW 3 AVE, Miami, FL 33127
5116 NW 3 AVE, Miami, FL 33127 is a property. The property is currently owned by 5116 NW 3RD AVE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $354,972 with a market value of $358,610. The assessed value decreased 13% from $407,346 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 $1,767,038 recorded against this property. 5116 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 2021 to 2023, with 3 recorded transactions in the public record..
Current Owner
5116 NW 3RD AVE LLC
3037 DAY AVE, MIAMI, FL, 33133
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,949 — $7,189
Flood $400 — $800
Property/Wind $3,549 — $6,389
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$49,685
Median Home Value$657,900
Pop. Density8,510/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
$1,767,038
0 DEC GROUP LLC · 2024-04-16
2 satisfied mortgages
SATISFIED 2022-09-01
$500,500
MORTGAGE FUNDING 01 LLC ISAOA
SATISFIED 2021-08-26
$305,100
LENDMARQ FUNDING LLC
Est. Total Balance $1,767,038
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales