511 SW 21 RD, Miami, FL 33129

511 SW 21 RD, Miami, FL 33129 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 1,278 square feet of living space on a 8,100 square foot lot. The property is currently owned by WALTER ALVAREZ MABEL MONTESINO ALVAREZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-10-24 for $440,000, when GALAL CORP sold to WALTER ALVAREZ. The property has appreciated $85,000 (24%) since the prior sale of $355,000 on 2014-08-26. There are 3 recorded sales for this property.

The 2025 assessed value is $737,097 with a market value of $980,697. This breaks down to $850,500 for the land and $130,197 for the building. The assessed value increased 10% from $670,089 in 2024.

The median household income in this area is $108,006, and the median home value is $485,900. The population density is 8,395 people per square mile. 511 SW 21 RD, Miami, FL 33129 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 1977 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 168% 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 $344 per square foot — a key metric for comparing value across Miami's real estate market..