518 NE 71 ST, Miami, FL 33138

518 NE 71 ST, Miami, FL 33138 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1929 with 1,288 square feet of living space on a 5,100 square foot lot. The property is currently owned by NADER S RAGHEB II, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-05-14 for $577,000, when FOUR G MEN LLC sold to NADER S RAGHEB II. The property has appreciated $192,000 (50%) since the prior sale of $385,000 on 2020-05-04. There are 3 recorded sales for this property.

The 2025 assessed value is $519,726 with a market value of $605,794. This breaks down to $382,500 for the land and $223,294 for the building. The assessed value increased 3% from $505,079 in 2024.

The property has the following tax exemptions: homestead. 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 $92,162, and the median home value is $547,000. The population density is 8,984 people per square mile. There are active mortgage liens totaling $487,795 recorded against this property.

518 NE 71 ST, Miami, FL 33138 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 2004 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $448 per square foot — a key metric for comparing value across Miami's real estate market..