2400 NW 5 AVE, Miami, FL 33127

Parcel: 0131250570011 · Wholesale Outlet · Wholesale Outlet · Zoning: 6101

Assessed Value (2025)
$2,861,090

Property Details

Living Sqft
8,856
Year Built
1955
Lot Sqft
10,430
Stories
1
WHOLESALE OUTLET : WHOLESALE OUTLET

Sales History

1
N/Anon-market transfer
1979-08-01
2
$550,000
1998-04-01
3
$2,450,000+345%
2014-08-04
DONG HEE KIMMILLIE REALTY LLC

Tax Assessment History

$2,861,090
Assessed (2025)
$4,173,000
Market Value
$2,861,090
Taxable Value
$58,250
Annual Tax
2024
$2,600,991
$3,953,970
2025
$2,861,090
$4,173,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,861,090 $4,173,000 $2,861,090 $58,250
2024 $2,600,991 $3,953,970 $2,600,991 $52,954

About 2400 NW 5 AVE, Miami, FL 33127

2400 NW 5 AVE, Miami, FL 33127 is a wholesale outlet : wholesale outlet built in 1955 with 8,856 square feet of living space on a 10,430 square foot lot. The property is currently owned by MILLIE REALTY 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 2014-08-04 for $2,450,000, when DONG HEE KIM sold to MILLIE REALTY LLC. The property has appreciated $1,900,000 (345%) since the prior sale of $550,000 on 1998-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,861,090 with a market value of $4,173,000. This breaks down to $4,172,000 for the land and $1,000 for the building. The assessed value increased 10% from $2,600,991 in 2024.

The median household income in this area is $38,200, and the median home value is $-666,666,666. The population density is 3,510 people per square mile. There are active mortgage liens totaling $1,000,000 recorded against this property.

2400 NW 5 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 1979 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 117% of the most recent sale price. Based on the most recent sale, this property traded at $277 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MILLIE REALTY LLC
888 NEWARK AVE, JERSEY CITY, NJ, 07306
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$34,733 — $63,743
Flood $400 — $800
Property/Wind $34,333 — $62,943

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$38,200
Median Home Value$-666,666,666
Pop. Density3,510/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
$1,000,000
CENTENNIAL BANK · 2022-12-01
Est. Total Balance $1,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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