520 W 51 TER, Miami Beach, FL 33140

520 W 51 TER, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1942 with 2,224 square feet of living space on a 9,375 square foot lot. The property is currently owned by PAZMARAL LLC, 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 2014-05-08 for $945,750, when CHARLES S WARREN sold to PAZMARAL LLC. There are 3 recorded sales for this property. The 2025 assessed value is $1,169,855 with a market value of $1,596,004.

This breaks down to $1,375,000 for the land and $221,004 for the building. The assessed value increased 10% from $1,063,505 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. 520 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 1999 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 124% 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 $425 per square foot — a key metric for comparing value across Miami Beach's real estate market..