Accepting backups

Price cut: $23K (7/8)

$875,000

247 NW 51st Ave, Miami, FL 33126

5beds

3baths

1,998sqft

$5,978/mo

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Duplex

Built in 1966

-- sqft lot

$843,100 Zestimate^®

$438/sqft

$-- HOA

What's special

Excellent investment opportunity! Well-maintained duplex featuring two spacious units. Unit One offers 3 bedrooms and 2 bathrooms, while Unit Two features 2 bedrooms and 1 bathroom. Both units have their owe electric meter and water meter. Both units are in great condition and have been well cared for. Reliable long-term tenants are currently in place and would like to remain with the property, providing immediate rental income for the new owner if desired. Roof 2013, PVC pipes 2013, Kitchens & baths redone in 2012 & 2013, AC units 2013 and maintained annually. Separate meters and separate water. Conveniently located near shopping, dining, schools, and major roadways. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property is a must-see!

46 days

252

25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Features

Flooring: Tile

Interior area

Total structure area: 2,172
Total interior livable area: 1,998 sqft

Video & virtual tour

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Property

Parking

Total spaces: 4

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0141060182810
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

CBS Construction
Roof: Shingle

Condition

Year built: 1966

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Flagler Grove Estates Ext

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $438/sqft
Tax assessed value: $557,311
Annual tax amount: $10,240
Date on market: 6/9/2026
Listing terms: All Cash,Conventional

Estimated market value

$843,100

$801,000 - $885,000

$3,034/mo

Price history

Date	Event	Price
7/8/2026	Price change	$875,000-2.6%$438/sqft
Source: MIAMI #A12033584 Report a problem
6/10/2026	Listed for sale	$898,000$449/sqft
Source: MIAMI #A12033584 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,240 +7.6%	$433,076 +10%
2024	$9,518 +10.2%	$393,706 +10%
2023	$8,640 +9.7%	$357,915 +10%
2022	$7,877 +11.8%	$325,378 +10%
2021	$7,045 -0.1%	$295,799 +0.1%
2020	$7,054 +8.7%	$295,387 +10%
2019	$6,492 +4.2%	$268,534 +2.8%
2018	$6,229 +719.7%	$261,125 +5.6%
2017	$760 -86.2%	$247,236 +15.8%
2016	$5,523 +58.3%	$213,415 +11.2%
2011	$3,490 -2.6%	$191,979 +1.5%
2010	$3,582 +8.2%	$189,142 +2.7%
2009	$3,311 -2.2%	$184,170
2007	$3,386 -48.1%	--
2006	$6,519	--
2005	$6,519 +62.8%	--
2004	$4,004 +5.8%	--
2003	$3,785 +13.9%	--
2002	$3,323	--
2001	$3,323	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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