851 NE 1 AVE 5201, Miami, FL 33132

851 NE 1 AVE 5201, Miami, FL 33132 is a residential - total value : condominium - residential built in 2019 with 3,867 square feet of living space. The property is currently owned by PARAMOUNT PH 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 2022-05-09 for $4,375,000. There are 5 recorded sales for this property. The 2025 assessed value is $2,887,247 with a market value of $2,887,247.

The assessed value decreased 29% from $4,042,720 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 $105,679, and the median home value is $684,600. The population density is 18,976 people per square mile. There are active mortgage liens totaling $2,925,113 recorded against this property.

851 NE 1 AVE 5201, Miami, FL 33132 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 2020 to 2022, with 5 recorded transactions in the public record.

The current assessed value represents 66% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1131 per square foot — a key metric for comparing value across Miami's real estate market..