220 NW 51 AVE, Miami, FL 33126

Parcel: 0141060181680 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$142,198

Property Details

Beds
5
Baths
3
Living Sqft
2,281
Year Built
1946
Lot Sqft
6,875
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2000-09-01
2
$33,400
2012-01-24
JORGE L GACITA &W EMILIAU S BANK NATIONAL ASSOCIATION TRS
3
$230,000+589%
2013-07-22
U S BANK NATIONAL ASSOCIATION TRSPEDRO PEREZ

Tax Assessment History

$142,198
Assessed (2025)
$587,526
Market Value
$91,476
Taxable Value
$1,862
Annual Tax
2024
$138,191
$554,652
2025
$142,198
$587,526
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $142,198 $587,526 $91,476 $1,862
2024 $138,191 $554,652 $88,191 $1,795

About 220 NW 51 AVE, Miami, FL 33126

220 NW 51 AVE, Miami, FL 33126 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1946 with 2,281 square feet of living space on a 6,875 square foot lot. The property is currently owned by PEDRO PEREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-07-22 for $230,000, when U S BANK NATIONAL ASSOCIATION TRS sold to PEDRO PEREZ. The property has appreciated $196,600 (589%) since the prior sale of $33,400 on 2012-01-24. There are 3 recorded sales for this property.

The 2025 assessed value is $142,198 with a market value of $587,526. This breaks down to $364,375 for the land and $223,151 for the building. The assessed value increased 3% from $138,191 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $51,667, and the median home value is $420,500. The population density is 18,449 people per square mile.

220 NW 51 AVE, Miami, FL 33126 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 2000 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 62% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $101 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

PEDRO PEREZ
220 NW 51 AVE, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,106 — $3,928
Flood $400 — $800
Property/Wind $1,706 — $3,128

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$51,667
Median Home Value$420,500
Pop. Density18,449/sq mi

Neighborhood 33126

29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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