5035 NW 5 AVE, Miami, FL 33127

5035 NW 5 AVE, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1986 with 1,690 square feet of living space on a 6,514 square foot lot. The property is currently owned by MOHAMMED A SHEIKH, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-10 for $1,000,000, when MANUEL A VIDAL sold to MOHAMMED A SHEIKH. The property has appreciated $660,000 (194%) since the prior sale of $340,000 on 2020-03-16. There are 3 recorded sales for this property.

The 2025 assessed value is $502,833 with a market value of $600,673. This breaks down to $456,008 for the land and $144,665 for the building. The assessed value increased 6% from $472,503 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $49,685, and the median home value is $657,900. The population density is 8,510 people per square mile. 5035 NW 5 AVE, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 1986 to 2026, with 3 recorded transactions in the public record. The current assessed value represents 50% 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 $592 per square foot — a key metric for comparing value across Miami's real estate market..