5141 NW 2 AVE, Miami, FL 33127

Parcel: 0131240130800 · VACANT LAND - COMMERCIAL : VACANT LAND · Zoning: 3901

Assessed Value (2025)
$119,094

Sales History

1
$26,000
1976-04-01
2
$2,110,000+8015%
2026-03-10
BAHAMIAN AMERICAN FEDERATION INCMILAS LP

Tax Assessment History

$119,094
Assessed (2025)
$2,875,000
Market Value
$0
Taxable Value
2024
$108,268
$2,156,250
2025
$119,094
$2,875,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $119,094 $2,875,000 $0
2024 $108,268 $2,156,250 $0

About 5141 NW 2 AVE, Miami, FL 33127

5141 NW 2 AVE, Miami, FL 33127 is a property. The property is currently owned by MILAS LP, 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 $2,110,000, when BAHAMIAN AMERICAN FEDERATION INC sold to MILAS LP. The property has appreciated $2,084,000 (8015%) since the prior sale of $26,000 on 1976-04-01. The 2025 assessed value is $119,094 with a market value of $2,875,000.

The assessed value increased 10% from $108,268 in 2024. 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. 5141 NW 2 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 1976 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 6% 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..

Current Owner

MILAS LP
8163 NE 2 AVE UNIT 3, MIAMI, FL, 33138
Since: 2026-03-30
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$49,685
Median Home Value$657,900
Pop. Density8,510/sq mi

Neighborhood 33127

44.2%
Corp-Owned
67.3%
Investor
411
Flips (4yr)
5
New Biz (3yr)
Distress Risk
ELEVATED
48
View full risk analysis →
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