525 NE 189 ST, Ives Estates, FL 33179

Parcel: 3022060000119 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7300

Assessed Value (2025)
$10,788,805

Property Details

Living Sqft
143,455
Year Built
1972
Lot Sqft
220,370
Stories
1
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
N/Anon-market transfer
1992-01-01
2
$5,340,500
2002-05-01
3
$1,813,525-66%
2013-03-21
MDJ REALTY LLCFREEMAN BROTHERS PROPERTIES LLC

Tax Assessment History

$10,788,805
Assessed (2025)
$14,775,865
Market Value
$10,788,805
Taxable Value
$219,651
Annual Tax
2024
$9,808,005
$16,600,000
2025
$10,788,805
$14,775,865
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $10,788,805 $14,775,865 $10,788,805 $219,651
2024 $9,808,005 $16,600,000 $9,808,005 $199,683

About 525 NE 189 ST, Ives Estates, FL 33179

525 NE 189 ST, Ives Estates, FL 33179 is a warehouse terminal or stg : warehouse or storage built in 1972 with 143,455 square feet of living space on a 220,370 square foot lot. The property is currently owned by FREEMAN BROTHERS PROPERTIES 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 2013-03-21 for $1,813,525, when MDJ REALTY LLC sold to FREEMAN BROTHERS PROPERTIES LLC. The property sold for $3,526,975 less than the prior sale of $5,340,500 on 2002-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $10,788,805 with a market value of $14,775,865. This breaks down to $9,420,818 for the land and $5,355,047 for the building. The assessed value increased 10% from $9,808,005 in 2024.

The median household income in this area is $38,817, and the median home value is $268,300. The population density is 6,623 people per square mile. This property currently has 6 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. There are 7 total code violations on record for this property, including 1 that have been resolved. 525 NE 189 ST, Ives Estates, FL 33179 is located in Ives Estates, Florida.

Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1992 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 595% 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. There is 1 active building permit on this property with a combined estimated cost of $146,250, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $13 per square foot — a key metric for comparing value across Ives Estates's real estate market..

Building Permits (6)

Permit #TypeStatusCost
C2026050445 building A $146,250
N1993164250 mechanical expired $2,371
N1993164255 electrical expired $225
C1993035704 mechanical expired $1,000
N1991149263 plumbing expired
C1991142155 plumbing expired

Code Violations 6 open

20260245463 open
2026-01-15
20260245458 open
2026-01-15
20260245462 open
2026-01-15
R2025052412 open
2025-12-15
20250238443 open
2025-04-30
20240229971 open
2024-05-06
202404000150 lien
Failure to Obtain a Certificate of Use
2024-01-11

Distress Signals

  • 6 open code violations

Current Owner

FREEMAN BROTHERS PROPERTIES LLC
515 NE 190 ST, NORTH MIAMI BEACH, FL, 33179
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$108,288 — $194,998
Flood $400 — $800
Property/Wind $107,888 — $194,198

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$38,817
Median Home Value$268,300
Pop. Density6,623/sq mi

Neighborhood 33179

36.8%
Owner-Occ
63.2%
Investor
249
Flips (4yr)
5,543
New Biz (3yr)
Distress Risk
ELEVATED
40
View full risk analysis →
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