650 W 51 TER, Miami Beach, FL 33140
Parcel: 0232220220280 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100
Assessed Value (2025)
$1,772,269
Property Details
Beds
4
Baths
4
Living Sqft
3,336
Year Built
1937
Lot Sqft
7,193
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$290,000
1996-12-01
2
$100non-market transfer
2017-12-01
NELSON CONZALEZ &W MARIELLA → NELSON GONZALEZ
3
$100non-market transfer
2022-07-06
NELSON GONZALEZ → NELSON M GONZALEZ TRS
4
N/A
2022-07-07
Tax Assessment History
$1,772,269
Assessed (2025)
$1,785,896
Market Value
$1,772,269
Taxable Value
$36,082
Annual Tax
2024
$1,611,154
2025
$1,772,269
$1,785,896
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,772,269 | $1,785,896 | $1,772,269 | $36,082 | $1,438,750 | $347,146 |
| 2024 | $1,611,154 | $1,611,154 | $1,611,154 | $32,802 | $1,294,875 | $316,279 |
About 650 W 51 TER, Miami Beach, FL 33140
650 W 51 TER, Miami Beach, FL 33140 is a 4-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1937 with 3,336 square feet of living space on a 7,193 square foot lot. The property is currently owned by NELSON M GONZALEZ TRS NELSON M GONZALEZ REVOCABLE TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $1,772,269 with a market value of $1,785,896. This breaks down to $1,438,750 for the land and $347,146 for the building.
The assessed value increased 10% from $1,611,154 in 2024. The median household income in this area is $191,786, and the median home value is $2,000,001. The population density is 2,726 people per square mile.
650 W 51 TER, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2022, with 4 recorded transactions in the public record..
Current Owner
NELSON M GONZALEZ TRS NELSON M GONZALEZ REVOCABLE TR
211 E RIVO ALTO DR, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$21,667 — $39,789
Flood $400 — $800
Property/Wind $21,267 — $38,989
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$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi
Neighborhood 33140
27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
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