251 NE 47 ST, Miami, FL 33137

251 NE 47 ST, Miami, FL 33137 is a 3-bedroom, 1.5-bathroom residential - single family : 1 unit built in 1941 with 1,327 square feet of living space on a 6,500 square foot lot. The property is currently owned by NIR DAVID PERETS TRS 251 NE 47TH ST RESIDENT TRUST, 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 2014-07-21 for $170,000, when HAROLD FREIMAN sold to NIR DAVID PERETS TRS. The property has appreciated $8,000 (5%) since the prior sale of $162,000 on 2011-04-29. There are 3 recorded sales for this property.

The 2025 assessed value is $506,906 with a market value of $705,314. This breaks down to $539,500 for the land and $165,814 for the building. The assessed value increased 10% from $460,824 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 $67,271, and the median home value is $618,500.

The population density is 8,215 people per square mile. 251 NE 47 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 2006 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 298% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $128 per square foot — a key metric for comparing value across Miami's real estate market..