1251 NW 3 ST, Miami, FL 33125

Parcel: 0141020057450 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 6107

Assessed Value (2025)
$1,244,400

Property Details

Beds
12
Baths
6
Living Sqft
5,856
Year Built
1996
Lot Sqft
7,500
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
N/Anon-market transfer
1994-09-01
2
$810,000
2018-11-01
SIXTA M CHAMIZO RODOLFO MENENDEZ
3
$1,295,000+60%
2022-04-22
RODOLFO MENENDEZISTEL INVESTMENTS LLC
4
$1,295,000
2022-05-09

Tax Assessment History

$1,244,400
Assessed (2025)
$1,244,400
Market Value
$1,244,400
Taxable Value
$25,335
Annual Tax
2024
$1,139,207
2025
$1,244,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,244,400 $1,244,400 $1,244,400 $25,335
2024 $1,139,207 $1,139,207 $1,139,207 $23,193

About 1251 NW 3 ST, Miami, FL 33125

1251 NW 3 ST, Miami, FL 33125 is a 12-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1996 with 5,856 square feet of living space on a 7,500 square foot lot. The property is currently owned by ISTEL INVESTMENTS 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 2022-05-09 for $1,295,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,244,400 with a market value of $1,244,400.

This breaks down to $750,000 for the land and $494,400 for the building. The assessed value increased 9% from $1,139,207 in 2024. The median household income in this area is $40,479, and the median home value is $295,400.

The population density is 23,521 people per square mile. There are active mortgage liens totaling $555,111 recorded against this property. 1251 NW 3 ST, Miami, FL 33125 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 1994 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price.

Based on the most recent sale, this property traded at $221 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ISTEL INVESTMENTS LLC
3501 NW 27 AVE, MIAMI, FL, 33142
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: TELFEJA ISMAEL
View on Sunbiz →

Est. Annual Insurance

$10,355 — $18,221
Flood $400 — $800
Property/Wind $9,955 — $17,421

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$40,479
Median Home Value$295,400
Pop. Density23,521/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$582,750
~$555,111 bal.
NP INC · 2022-05-09
Est. Total Balance $555,111
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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