131 NW 51 AVE, Miami, FL 33126

131 NW 51 AVE, Miami, FL 33126 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1952 with 1,742 square feet of living space on a 6,900 square foot lot. The property is currently owned by LUIS FELIPE VARGAS FRAYSA VARGAS, 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 2022-07-12 for $90,100, when LUIS FELIPE VARGAS &W FRAYSA sold to LUIS FELIPE VARGAS. The property sold for $79,900 less than the prior sale of $170,000 on 2002-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $229,104 with a market value of $568,505. This breaks down to $365,700 for the land and $202,805 for the building. The assessed value increased 3% from $222,648 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.

131 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 1987 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 254% 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 $52 per square foot — a key metric for comparing value across Miami's real estate market..