1954 NW 5 PL 275, Miami, FL 33136

Parcel: 0131360830080 · Residential · Condominium - Residential · Zoning: 6101

Assessed Value (2025)
$117,714

Property Details

Beds
2
Baths
1
Living Sqft
1,034
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$10,300
2010-09-29
ERNEST HAYESLASALLE BANK NATIONAL ASSOCIATION
2
$20,550+100%
2012-01-12
BANK OF AMERICA NATL ASSOC TRSFLORIDA FORECLOSURE MGMT LLC
3
$48,000+134%
2012-01-31
FLORIDA FORECLOSURE MGMT LLCBAHIA 3 LLC

Tax Assessment History

$117,714
Assessed (2025)
$230,461
Market Value
$117,714
Taxable Value
$2,397
Annual Tax
2024
$107,013
$221,597
2025
$117,714
$230,461
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $117,714 $230,461 $117,714 $2,397
2024 $107,013 $221,597 $107,013 $2,179

About 1954 NW 5 PL 275, Miami, FL 33136

1954 NW 5 PL 275, Miami, FL 33136 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 1,034 square feet of living space. The property is currently owned by BAHIA 3 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 2012-01-31 for $48,000, when FLORIDA FORECLOSURE MGMT LLC sold to BAHIA 3 LLC. The property has appreciated $27,450 (134%) since the prior sale of $20,550 on 2012-01-12. There are 3 recorded sales for this property.

The 2025 assessed value is $117,714 with a market value of $230,461. The assessed value increased 10% from $107,013 in 2024. The median household income in this area is $41,968, and the median home value is $274,500.

The population density is 13,376 people per square mile. 1954 NW 5 PL 275, Miami, FL 33136 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 2010 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 245% 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 $46 per square foot — a key metric for comparing value across Miami's real estate market..

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$41,968
Median Home Value$274,500
Pop. Density13,376/sq mi

Neighborhood 33136

17.9%
Owner-Occ
82.1%
Investor
24
Flips (4yr)
2,726
New Biz (3yr)
Distress Risk
HIGH
74
View full risk analysis →
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