1029 NW 5 ST, Miami, FL 33128

Parcel: 0141020050640 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$896,902

Property Details

Beds
6
Baths
6
Living Sqft
4,740
Year Built
1973
Lot Sqft
7,500
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$85,000
1978-11-01
2
$500,000+488%
2006-11-01
3
$548,750+10%
2014-04-30
VC & JG LLCWHITECASTLE PROPERTY

Tax Assessment History

$896,902
Assessed (2025)
$1,081,200
Market Value
$896,902
Taxable Value
$18,260
Annual Tax
2024
$815,366
$1,124,785
2025
$896,902
$1,081,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $896,902 $1,081,200 $896,902 $18,260
2024 $815,366 $1,124,785 $815,366 $16,600

About 1029 NW 5 ST, Miami, FL 33128

1029 NW 5 ST, Miami, FL 33128 is a 6-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1973 with 4,740 square feet of living space on a 7,500 square foot lot. The property is currently owned by WHITECASTLE PROPERTY MANAGEMENT LLC, 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 2014-04-30 for $548,750, when VC & JG LLC sold to WHITECASTLE PROPERTY. The property has appreciated $48,750 (10%) since the prior sale of $500,000 on 2006-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $896,902 with a market value of $1,081,200. This breaks down to $562,500 for the land and $518,700 for the building. The assessed value increased 10% from $815,366 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. 1029 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 1978 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 163% 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 $116 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

WHITECASTLE PROPERTY MANAGEMENT LLC
1029 NW 5 ST, MIAMI, FL, 33128
Since: 2026-04-19
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Est. Annual Insurance

$9,369 — $16,944
Flood $400 — $800
Property/Wind $8,969 — $16,144

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$37,423
Median Home Value$-666,666,666
Pop. Density33,128/sq mi

Neighborhood 33128

22.1%
Owner-Occ
77.9%
Investor
24
Flips (4yr)
1,367
New Biz (3yr)
Distress Risk
HIGH
61
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