551 NW 50 ST, Miami, FL 33127

Parcel: 0131240134210 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$562,791

Property Details

Beds
2
Baths
1
Living Sqft
1,036
Year Built
1940
Lot Sqft
7,200
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2015-09-03
JACQUELYN M DAVIS PER REPRES D ANDREA DAVIS
2
N/Anon-market transfer
2020-01-14
D ANDREA DAVISD ANDREA DAVIS CARTER
3
$640,000
2024-06-13
D ANDREA DAVIS CARTERBLU PARTNERS LLC
4
N/A
2024-06-25
5
$640,000
2024-06-25

Tax Assessment History

$562,791
Assessed (2025)
$562,791
Market Value
$562,791
Taxable Value
$11,458
Annual Tax
2024
$339,485
$490,191
2025
$562,791
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $562,791 $562,791 $562,791 $11,458
2024 $339,485 $490,191 $339,485 $6,912

About 551 NW 50 ST, Miami, FL 33127

551 NW 50 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 1,036 square feet of living space on a 7,200 square foot lot. The property is currently owned by BLU PARTNERS 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 5 recorded sales for this property. The 2025 assessed value is $562,791 with a market value of $562,791. This breaks down to $464,400 for the land and $98,391 for the building.

The assessed value increased 66% from $339,485 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 $498,750 recorded against this property.

551 NW 50 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 2015 to 2024, with 5 recorded transactions in the public record..

Current Owner

BLU PARTNERS LLC
122 NE 50 ST, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,153 — $13,181
Flood $400 — $800
Property/Wind $6,753 — $12,381

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
View full risk analysis →

Mortgages

ACTIVE
$498,750
COREVEST AMERICAN FINANCE LENDER LLC · 2025-11-10
1 satisfied mortgage
SATISFIED 2024-06-25
$512,000
LIMA ONE CAPITAL LLC
Est. Total Balance $498,750
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales