1229 NW 5 AVE, Florida City, FL 33034

Parcel: 1678240080900 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$612,753

Property Details

Beds
10
Baths
4
Living Sqft
3,840
Year Built
2023
Lot Sqft
4,500
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$11,000
2004-03-01
2
$67,100+510%
2017-06-29
NORDI DEVELOPERS CORP SERGIO SANTIBANEZ
3
$20,000-70%
2018-10-17
SERGIO SANTIBANEZAC REAL ESTATE INVESTMENTS INC

Tax Assessment History

$612,753
Assessed (2025)
$618,616
Market Value
$612,753
Taxable Value
$12,475
Annual Tax
2024
$557,049
2025
$612,753
$618,616
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $612,753 $618,616 $612,753 $12,475
2024 $557,049 $557,049 $557,049 $11,341

About 1229 NW 5 AVE, Florida City, FL 33034

1229 NW 5 AVE, Florida City, FL 33034 is a 10-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2023 with 3,840 square feet of living space on a 4,500 square foot lot. The property is currently owned by AC REAL ESTATE INVESTMENTS INC, 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 2018-10-17 for $20,000, when SERGIO SANTIBANEZ sold to AC REAL ESTATE INVESTMENTS INC. The property sold for $47,100 less than the prior sale of $67,100 on 2017-06-29. There are 3 recorded sales for this property.

The 2025 assessed value is $612,753 with a market value of $618,616. This breaks down to $90,000 for the land and $528,616 for the building. The assessed value increased 10% from $557,049 in 2024.

The median household income in this area is $22,438, and the median home value is $321,100. The population density is 7,362 people per square mile. 1229 NW 5 AVE, Florida City, FL 33034 is located in Florida City, Florida.

Property records, tax assessments, sales history, and ownership information for this Florida City property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2004 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 3064% 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 $5 per square foot — a key metric for comparing value across Florida City's real estate market..

Current Owner

AC REAL ESTATE INVESTMENTS INC
8425 MILLER DR, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$4,076 — $6,927
Flood $400 — $800
Property/Wind $3,676 — $6,127

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$22,438
Median Home Value$321,100
Pop. Density7,362/sq mi

Neighborhood 33034

41.9%
Owner-Occ
58.1%
Investor
197
Flips (4yr)
1,770
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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