5255 NW 159 ST, Miami Gardens, FL 33014

Parcel: 3421180040040 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7100

Assessed Value (2025)
$15,273,432

Property Details

Living Sqft
175,919
Year Built
1974
Lot Sqft
299,002
Stories
2
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
$11,500,000
2008-01-01
2
$12,350,000+7%
2018-07-17
REALTY ASSOCIATES FUND VIII L P RPT PALMETTO LAKES LLC
3
$27,800,000+125%
2025-09-15
RPT PALMETTO LAKES LLCAG RC III PALMETTO LAKES
4
$27,800,000
2025-09-25

Tax Assessment History

$15,273,432
Assessed (2025)
$19,092,000
Market Value
$15,273,432
Taxable Value
$310,955
Annual Tax
2024
$13,884,939
$19,092,000
2025
$15,273,432
$19,092,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $15,273,432 $19,092,000 $15,273,432 $310,955
2024 $13,884,939 $19,092,000 $13,884,939 $282,686

About 5255 NW 159 ST, Miami Gardens, FL 33014

5255 NW 159 ST, Miami Gardens, FL 33014 is a warehouse terminal or stg : warehouse or storage built in 1974 with 175,919 square feet of living space on a 299,002 square foot lot. The property is currently owned by AG RC III PALMETTO LAKES OWNER 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 2025-09-25 for $27,800,000. There are 4 recorded sales for this property. The 2025 assessed value is $15,273,432 with a market value of $19,092,000.

This breaks down to $7,475,050 for the land and $11,616,950 for the building. The assessed value increased 10% from $13,884,939 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. There are active mortgage liens totaling $21,030,000 recorded against this property. 5255 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 2008 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 55% 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 $158 per square foot — a key metric for comparing value across Miami Gardens's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C1994234205 fire expired
C1989056433 electrical expired

Current Owner

AG RC III PALMETTO LAKES OWNER LLC
110 SE 2 ST STE 101, DELRAY BEACH, FL, 33444
Since: 2026-04-19
View owner profile →

People Behind This Entity

Registered Agent: CORPORATE CREATIONS NETWORK INC.
View on Sunbiz →

Est. Annual Insurance

$153,134 — $275,721
Flood $400 — $800
Property/Wind $152,734 — $274,921

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 →

Mortgages

ACTIVE
$21,030,000
SOUND POINT CRE SENIOR SECURED INCOME REIT LLC · 2025-11-19
Est. Total Balance $21,030,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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