670 NE 51 ST, Miami, FL 33137

Parcel: 0132190040830 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,611,252

Property Details

Beds
4
Baths
4
Living Sqft
2,477
Year Built
1952
Lot Sqft
8,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$67,500
1980-07-01
2
$600,000+789%
2021-03-08
WISVLINE LABROUSSESAGAR DESAI
3
$2,400,000+300%
2024-03-18
SAGAR DESAILOTUS GROVE LLC

Tax Assessment History

$1,611,252
Assessed (2025)
$1,611,252
Market Value
$1,611,252
Taxable Value
$32,804
Annual Tax
2024
$703,514
$1,461,350
2025
$1,611,252
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,611,252 $1,611,252 $1,611,252 $32,804
2024 $703,514 $1,461,350 $653,514 $13,305

About 670 NE 51 ST, Miami, FL 33137

670 NE 51 ST, Miami, FL 33137 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1952 with 2,477 square feet of living space on a 8,100 square foot lot. The property is currently owned by LOTUS GROVE LLC, 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 2024-03-18 for $2,400,000, when SAGAR DESAI sold to LOTUS GROVE LLC. The property has appreciated $1,800,000 (300%) since the prior sale of $600,000 on 2021-03-08. There are 3 recorded sales for this property.

The 2025 assessed value is $1,611,252 with a market value of $1,611,252. This breaks down to $1,012,500 for the land and $598,752 for the building. The assessed value increased 129% from $703,514 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $96,833, and the median home value is $1,188,500.

The population density is 4,093 people per square mile. There are active mortgage liens totaling $431,581 recorded against this property. 670 NE 51 ST, Miami, FL 33137 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 1980 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 67% 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 $969 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LOTUS GROVE LLC
670 NE 51 ST, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$19,735 — $36,247
Flood $400 — $800
Property/Wind $19,335 — $35,447

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$96,833
Median Home Value$1,188,500
Pop. Density4,093/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$460,000
~$431,581 bal.
BANK OF AMERICA NA · 2021-03-10
Est. Total Balance $431,581
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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