851 NE 1 AVE 3502, Miami, FL 33132

Parcel: 0131370391430 · Residential · Condominium - Residential · Zoning: 6412

Assessed Value (2025)
$455,349

Property Details

Living Sqft
937
Year Built
2019
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$688,000
2022-10-11
TOWER 2 LLCLUIS PALACIOS

Tax Assessment History

$455,349
Assessed (2025)
$455,349
Market Value
$455,349
Taxable Value
$9,271
Annual Tax
2024
$535,705
2025
$455,349
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $455,349 $455,349 $455,349 $9,271
2024 $535,705 $535,705 $535,705 $10,907

About 851 NE 1 AVE 3502, Miami, FL 33132

851 NE 1 AVE 3502, Miami, FL 33132 is a residential - total value : condominium - residential built in 2019 with 937 square feet of living space. The property is currently owned by LUIS PALACIOS VIVIAN GUERRA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-10-11 for $688,000, when TOWER 2 LLC sold to LUIS PALACIOS. The 2025 assessed value is $455,349 with a market value of $455,349. The assessed value decreased 15% from $535,705 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. 851 NE 1 AVE 3502, 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 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 $734 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LUIS PALACIOS VIVIAN GUERRA
851 NE 1 AVE 3502, MIAMI, FL, 33132
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,132 — $5,353
Flood $400 — $800
Property/Wind $2,732 — $4,553

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$105,679
Median Home Value$684,600
Pop. Density18,976/sq mi

Neighborhood 33132

21.2%
Owner-Occ
78.8%
Investor
432
Flips (4yr)
11,877
New Biz (3yr)
Distress Risk
HIGH
69
View full risk analysis →
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