261 NW 50 ST, Miami, FL 33127

261 NW 50 ST, Miami, FL 33127 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1958 with 1,445 square feet of living space on a 7,632 square foot lot. The property is currently owned by MARIELA PELAEZ LUIS PELAEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-12-22 for $799,000. There are 4 recorded sales for this property. The 2025 assessed value is $573,485 with a market value of $573,485.

This breaks down to $526,608 for the land and $46,877 for the building. The assessed value decreased 13% from $655,940 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 $582,722 recorded against this property. 261 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 2014 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 72% of the most recent sale price. Based on the most recent sale, this property traded at $553 per square foot — a key metric for comparing value across Miami's real estate market..