5205 NW 163 ST, Miami Gardens, FL 33014

5205 NW 163 ST, Miami Gardens, FL 33014 is a warehouse terminal or stg : warehouse or storage built in 1971 with 9,639 square feet of living space on a 30,273 square foot lot. The property is currently owned by LRF3 MIA 161ST STREET LLC, 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 2023-11-28 for $40,878,200, when SEAGIS PLIP LLC sold to LRF3 MIA 161ST STREET LLC. The property has appreciated $38,090,200 (1366%) since the prior sale of $2,788,000 on 2007-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,485,643 with a market value of $1,485,643. This breaks down to $756,825 for the land and $728,818 for the building. The assessed value decreased 20% from $1,855,000 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. 5205 NW 163 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 1988 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 4% 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. Based on the most recent sale, this property traded at $4241 per square foot — a key metric for comparing value across Miami Gardens's real estate market..