5261 NW 161 ST, Miami Gardens, FL 33014

Parcel: 3421180040025 · Light Manufacturing · Light Mfg & Food Processing · Zoning: 7100

Assessed Value (2025)
$9,266,967

Property Details

Baths
5.5
Living Sqft
83,719
Year Built
1985
Lot Sqft
174,239
Stories
1
LIGHT MANUFACTURING : LIGHT MFG & FOOD PROCESSING

Sales History

1
N/Anon-market transfer
2002-10-01
2
$9,600,000
2019-02-07
WEISBERG FAMILY INVEST LLLPREALTY ASSOCIATES FUND XII
3
$21,500,000+124%
2025-01-21
THE REALTY ASSOCIATES FUND XIIPALMETTO MIAMI GARDENS CORP
4
$21,500,000
2025-01-29

Tax Assessment History

$9,266,967
Assessed (2025)
$16,398,000
Market Value
$9,266,967
Taxable Value
$188,668
Annual Tax
2024
$8,424,516
$10,966,800
2025
$9,266,967
$16,398,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $9,266,967 $16,398,000 $9,266,967 $188,668
2024 $8,424,516 $10,966,800 $8,424,516 $171,516

About 5261 NW 161 ST, Miami Gardens, FL 33014

5261 NW 161 ST, Miami Gardens, FL 33014 is a light manufacturing : light mfg & food processing built in 1985 with 83,719 square feet of living space on a 174,239 square foot lot. The property is currently owned by PALMETTO MIAMI GARDENS CORP, 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 2025-01-29 for $21,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $9,266,967 with a market value of $16,398,000.

This breaks down to $4,355,975 for the land and $12,042,025 for the building. The assessed value increased 10% from $8,424,516 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. 5261 NW 161 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 2002 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 43% 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 $257 per square foot — a key metric for comparing value across Miami Gardens's real estate market..

Current Owner

PALMETTO MIAMI GARDENS CORP
175 SW 7 ST STE 2112, MIAMI, FL, 33130
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$93,069 — $167,605
Flood $400 — $800
Property/Wind $92,669 — $166,805

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
View full risk analysis →
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