531 W 51 ST, Miami Beach, FL 33140

Parcel: 0232220220490 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,100,703

Property Details

Beds
4
Baths
2
Living Sqft
2,102
Year Built
1944
Lot Sqft
6,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,075,000
2021-05-21
OLEG KISLYANSKYROSS GOODHART
2
$100non-market transfer
2024-08-26
ROSS GOODHARTROSS GOODHART TRS
3
N/A
2024-11-21
4
$2,312,500
2025-03-31
ROSS GOODHART TRSR FREDERICK KEITH ESQ TRS
5
$2,312,500
2025-04-09

Tax Assessment History

$2,100,703
Assessed (2025)
$2,100,703
Market Value
$2,100,703
Taxable Value
$42,769
Annual Tax
2024
$1,762,733
$1,986,255
2025
$2,100,703
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,100,703 $2,100,703 $2,100,703 $42,769
2024 $1,762,733 $1,986,255 $1,712,733 $34,870

About 531 W 51 ST, Miami Beach, FL 33140

531 W 51 ST, Miami Beach, FL 33140 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1944 with 2,102 square feet of living space on a 6,250 square foot lot. The property is currently owned by R FREDERICK KEITH ESQ TRS 531 W 51ST STREET REVOCABLE TR, 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 2025-04-09 for $2,312,500. There are 5 recorded sales for this property. The 2025 assessed value is $2,100,703 with a market value of $2,100,703.

This breaks down to $1,250,000 for the land and $850,703 for the building. The assessed value increased 19% from $1,762,733 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. There are active mortgage liens totaling $1,812,884 recorded against this property. 531 W 51 ST, 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 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price.

Based on the most recent sale, this property traded at $1100 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

R FREDERICK KEITH ESQ TRS 531 W 51ST STREET REVOCABLE TR
531 W 51 ST, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$25,608 — $47,015
Flood $400 — $800
Property/Wind $25,208 — $46,215

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
View full risk analysis →

Mortgages

ACTIVE 5.875% rate
$1,840,000
~$1,812,884 bal.
WELLS FARGO BANK NA · 2025-04-09
1 satisfied mortgage
SATISFIED 2021-09-30
$1,348,750
FIRST REPUBLIC BANK
Est. Total Balance $1,812,884
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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