1649 SW 5 ST, Miami, FL 33135

1649 SW 5 ST, Miami, FL 33135 is a 14-bedroom, 12-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1925 with 4,748 square feet of living space on a 7,500 square foot lot. The property is currently owned by 1649 SW 5 ST 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 2023-12-26 for $1,000,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,500,000 with a market value of $1,500,000.

This breaks down to $750,000 for the land and $750,000 for the building. The assessed value decreased 1% from $1,510,000 in 2024. The median household income in this area is $35,841, and the median home value is $300,000.

The population density is 31,051 people per square mile. There are active mortgage liens totaling $877,500 recorded against this property. 1649 SW 5 ST, Miami, FL 33135 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 2020 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 150% 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 $211 per square foot — a key metric for comparing value across Miami's real estate market..