For sale

Price cut: $10K (7/27)

$740,000

5181 NW 5th St, Miami, FL 33126

4beds

2baths

1,806sqft

$5,056/mo

Get pre-qualified

Duplex

Built in 1959

-- sqft lot

$-- Zestimate^®

$410/sqft

$-- HOA

What's special

Prime Miami Development Opportunity! Existing duplex in a highly desirable central Miami location near MIA Airport, Brickell, Downtown, Coral Gables, and major expressways. Potential redevelopment opportunity with zoning/land use reportedly allowing 2–9 units. Ideal for developers, investors, or land-bank buyers seeking strong upside in a growing market. Existing structure may provide rental income while future plans are explored. Sold As-Is. Buyer to verify all development potential.

217 days

266

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central, Window/Wall

Cooling

Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Features

Flooring: Terrazzo

Interior area

Total structure area: 3,003
Total interior livable area: 1,806 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0141060180110
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

CBS Construction
Roof: Other

Condition

Year built: 1959

Utilities & green energy

Sewer: Other

Community & HOA

Community

Subdivision: Flagler Grove Estates Ext,Flagler Groves

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $410/sqft
Tax assessed value: $586,588
Annual tax amount: $10,193
Date on market: 1/18/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Price change	$740,000-1.3%$410/sqft
Source: MIAMI #A11948079 Report a problem
6/10/2026	Listed for sale	$750,000$415/sqft
Source: MIAMI #A11948079 Report a problem
2/9/2026	Pending sale	$750,000$415/sqft
Source: MIAMI #A11948079 Report a problem
1/30/2026	Price change	$750,000+15.4%$415/sqft
Source: MIAMI #A11948079 Report a problem
1/19/2026	Listed for sale	$650,000$360/sqft
Source: MIAMI #A11948079 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,193 +4.4%	$511,665 +5.1%
2024	$9,764 +3.5%	$487,039 +5%
2023	$9,432 +1.1%	$463,715 +11.6%
2022	$9,329 +71.7%	$415,656 +58.9%
2021	$5,432 +0.2%	$261,651 +0.4%
2020	$5,424 +6.8%	$260,599 +6.8%
2019	$5,078 +4.3%	$243,908 +2.4%
2018	$4,869	$238,164 +6.4%
2017	$4,869 +4.5%	$223,923 +6.5%
2016	$4,659 +7.2%	$210,240 +5.7%
2015	$4,344 +5.9%	$198,928 +5.5%
2014	$4,100 -0.6%	$188,499 +4.5%
2013	$4,126	$180,345 -5.1%
2012	$4,126 -4.2%	$190,132 -3.5%
2011	$4,306 -9.3%	$197,083 -4.4%
2010	$4,749 -5.5%	$206,244 -9.5%
2009	$5,023 -12.5%	$228,011 -0.8%
2007	$5,742 +10.3%	$229,819
2006	$5,205	--
2005	$5,205 +1.1%	--
2004	$5,147 +14.9%	--
2003	$4,481 -2.5%	--
2002	$4,593	--
2001	$4,593	--