1035 NW 5 ST, Miami, FL 33128

1035 NW 5 ST, Miami, FL 33128 is a 6-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1937 with 2,792 square feet of living space on a 7,500 square foot lot. The property is currently owned by LALA LAPAS 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 2012-11-26 for $150,000, when BAYSHORE TRUST LLC sold to LALA LAPAS LLC. The property has appreciated $65,000 (76%) since the prior sale of $85,000 on 2012-11-21. There are 3 recorded sales for this property.

The 2025 assessed value is $359,396 with a market value of $615,000. This breaks down to $562,500 for the land and $52,500 for the building. The assessed value increased 10% from $326,724 in 2024.

The median household income in this area is $37,423, and the median home value is $-666,666,666. The population density is 33,128 people per square mile. 1035 NW 5 ST, Miami, FL 33128 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 2012, with 3 recorded transactions in the public record. The current assessed value represents 240% 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 $54 per square foot — a key metric for comparing value across Miami's real estate market..