1951 NW 2 ST, Miami, FL 33125

Parcel: 0141030100041 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$466,482

Property Details

Beds
5
Baths
3
Living Sqft
2,064
Year Built
1972
Lot Sqft
4,725
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2004-10-01
2
$50,000
2017-03-22
ALFONSO D FARFAN &W ALFONSO D FARFAN
3
$100non-market transfer
2021-11-04
ALFONSO D FARFANALFAR & ASSOCIATES CORPORATION

Tax Assessment History

$466,482
Assessed (2025)
$466,482
Market Value
$466,482
Taxable Value
$9,497
Annual Tax
2024
$431,052
$445,023
2025
$466,482
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $466,482 $466,482 $466,482 $9,497
2024 $431,052 $445,023 $431,052 $8,776

About 1951 NW 2 ST, Miami, FL 33125

1951 NW 2 ST, Miami, FL 33125 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1972 with 2,064 square feet of living space on a 4,725 square foot lot. The property is currently owned by ALFAR & ASSOCIATES CORPORATION, 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 2021-11-04 for $100, when ALFONSO D FARFAN sold to ALFAR & ASSOCIATES CORPORATION. The property sold for $49,900 less than the prior sale of $50,000 on 2017-03-22. There are 3 recorded sales for this property.

The 2025 assessed value is $466,482 with a market value of $466,482. This breaks down to $245,700 for the land and $220,782 for the building. The assessed value increased 8% from $431,052 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 $43,020, and the median home value is $538,200.

The population density is 21,412 people per square mile. There are active mortgage liens totaling $210,000 recorded against this property. 1951 NW 2 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 2004 to 2021, with 3 recorded transactions in the public record..

Current Owner

ALFAR & ASSOCIATES CORPORATION
2024 NW 3 ST, MIAMI, FL, 33125
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,064 — $9,196
Flood $400 — $800
Property/Wind $4,664 — $8,396

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$43,020
Median Home Value$538,200
Pop. Density21,412/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$210,000
0
B HOME INVESTMENTS LLC · 2022-12-06
Est. Total Balance $210,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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