5405 NW 159 ST, Miami Gardens, FL 33014
Parcel: 3421180030011 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 7300
Assessed Value (2025)
$23,425,600
Property Details
Living Sqft
409,355
Year Built
2001
Lot Sqft
742,698
Stories
2
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$4,774,000
2000-07-01
2
$29,752,167+523%
2021-12-21
MARBRISA ASSOCIATES LTD → 5200 NW 158TH TERRACE FL
Tax Assessment History
$23,425,600
Assessed (2025)
$28,000,000
Market Value
$3,312,380
Taxable Value
$67,437
Annual Tax
2024
$21,296,000
$27,420,000
2025
$23,425,600
$28,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $23,425,600 | $28,000,000 | $3,312,380 | $67,437 | $7,426,980 | $20,573,020 |
| 2024 | $21,296,000 | $27,420,000 | $2,721,629 | $55,410 | $7,426,980 | $19,993,020 |
About 5405 NW 159 ST, Miami Gardens, FL 33014
5405 NW 159 ST, Miami Gardens, FL 33014 is a multifamily 10 units plus : multifamily 3 or more units built in 2001 with 409,355 square feet of living space on a 742,698 square foot lot. The property is currently owned by 5200 NW 158TH TERRACE FL C/O BREIT OPERATING PARTNERSHIP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-12-21 for $29,752,167, when MARBRISA ASSOCIATES LTD sold to 5200 NW 158TH TERRACE FL . The property has appreciated $24,978,167 (523%) since the prior sale of $4,774,000 on 2000-07-01. The 2025 assessed value is $23,425,600 with a market value of $28,000,000.
This breaks down to $7,426,980 for the land and $20,573,020 for the building. The assessed value increased 10% from $21,296,000 in 2024. The median household income in this area is $60,424, and the median home value is $311,300.
The population density is 2,765 people per square mile. 5405 NW 159 ST, Miami Gardens, FL 33014 is located in Miami Gardens, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Gardens property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2000 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price. Based on the most recent sale, this property traded at $73 per square foot — a key metric for comparing value across Miami Gardens's real estate market..
Building Permits (3)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2002086427 | building | expired | — | ||
| N2001144766 | building | expired | — | ||
| N2001080953 | plumbing | expired | — |
Current Owner
5200 NW 158TH TERRACE FL C/O BREIT OPERATING PARTNERSHIP
PO BOX A3951, CHICAGO, IL, 60609
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$187,804 — $328,758
Flood $400 — $800
Property/Wind $187,404 — $327,958
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$60,424
Median Home Value$311,300
Pop. Density2,765/sq mi
Neighborhood 33014
53.4%
Owner-Occ
46.6%
Investor
662
Flips (4yr)
6,064
New Biz (3yr)
Distress Risk
MODERATE
29
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