851 NE 1 AVE 5105, Miami, FL 33132

Parcel: 0131370392860 · Residential · Condominium - Residential · Zoning: 6412

Assessed Value (2025)
$731,358

Property Details

Living Sqft
1,422
Year Built
2019
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,019,000
2021-07-07
TOWER 2 LLC PATRICK FRANCIS CHAU
2
$1,135,000+11%
2024-05-24
PATRICK FRANCIS CHAU851 NE 1 AVE 5105 LLC
3
$1,135,000
2024-06-20

Tax Assessment History

$731,358
Assessed (2025)
$731,358
Market Value
$731,358
Taxable Value
$14,890
Annual Tax
2024
$821,750
2025
$731,358
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $731,358 $731,358 $731,358 $14,890
2024 $821,750 $821,750 $771,750 $15,712

About 851 NE 1 AVE 5105, Miami, FL 33132

851 NE 1 AVE 5105, Miami, FL 33132 is a residential - total value : condominium - residential built in 2019 with 1,422 square feet of living space. The property is currently owned by 851 NE 1 AVE 5105 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 2024-06-20 for $1,135,000. There are 3 recorded sales for this property. The 2025 assessed value is $731,358 with a market value of $731,358.

The assessed value decreased 11% from $821,750 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 $833,330 recorded against this property.

851 NE 1 AVE 5105, 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 2021 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 64% 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 $798 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

851 NE 1 AVE 5105 LLC
1219 W WYNEWOOD ROAD 410, WYNNEWOOD, PA, 19096
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,788 — $8,113
Flood $400 — $800
Property/Wind $4,388 — $7,313

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 →

Mortgages

ACTIVE
$851,250
~$833,330 bal.
CITADEL SERVICING CORPORATION · 2024-06-20
1 satisfied mortgage
SATISFIED 2021-07-19
$764,250
BRADESCO BAC FLORIDA BANK
Est. Total Balance $833,330
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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