5055 NW 74 AVE, Medley, FL 33166

5055 NW 74 AVE, Medley, FL 33166 is a warehouse terminal or stg : warehouse or storage built in 2007 with 82,283 square feet of living space on a 202,295 square foot lot. The property is currently owned by CIP MIAMI 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 2025-07-10 for $47,000,000, when THE REALTY ASSOCIATES FUND XII sold to CIP MIAMI LLC. The property has appreciated $33,780,000 (256%) since the prior sale of $13,220,000 on 2020-12-15. There are 3 recorded sales for this property.

The 2025 assessed value is $8,730,060 with a market value of $10,500,000. This breaks down to $10,114,750 for the land and $385,250 for the building. The assessed value increased 10% from $7,936,419 in 2024.

The median household income in this area is $48,176, and the median home value is $169,900. The population density is 922 people per square mile. This property currently has 5 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. 5055 NW 74 AVE, Medley, FL 33166 is located in Medley, Florida. Property records, tax assessments, sales history, and ownership information for this Medley property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2018 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 19% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

There is 1 active building permit on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $571 per square foot — a key metric for comparing value across Medley's real estate market..