For sale

$689,000

5254 NW 2ND Terrace, Miami, FL 33126

6beds

2baths

2,126sqft

$4,707/mo

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Duplex, Multi Family, Multi Family

Built in 1953

-- sqft lot

$671,700 Zestimate^®

$324/sqft

$-- HOA

What's special

Discover this duplex in the heart of miami. Each unit 3 bed 1 bath. Front unit has an additional bonus room. Each unit 2,126 square feet of well-planned living space on a single floor per property appraiser. Front unit is occupied at $2150 a month, back unit is vacant. This is a solid investment option for those seeking rental income potential or a streamlined living arrangement. Seller financing is available

31 days

1,152

102

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Central, Individual

Cooling

Attic Fan, Central Air

Appliances

Laundry: Other

Features

Flooring: Other

Interior area

Total structure area: 2,247
Total interior livable area: 2,126 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: None
Fencing: Fenced

Lot

Size: 6,950 Square Feet
Features: < 1/4 Acre

Details

Parcel number: 0141060181500
Zoning: 5700
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family

Materials

Block
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Multiple Meters, Public
Utilities for property: None, Other

Community & HOA

Community

Subdivision: FLAGLER GROVE ESTATES EXTEN

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $324/sqft
Tax assessed value: $461,627
Annual tax amount: $10,328
Date on market: 7/23/2026
Listing terms: Conventional,Owner Will Carry,Other,Private Financing Available
Tenant pays: Common Area Maintenance, Electricity

Estimated market value

$671,700

$638,000 - $705,000

$2,791/mo

Price history

Date	Event	Price
7/23/2026	Listed for sale	$689,000-4.2%$324/sqft
Source: BeachesMLS #B26055788 Report a problem
5/30/2026	Listing removed	--
Source: Owner Report a problem
3/1/2026	Price change	$719,000-2.7%$338/sqft
Source: Owner Report a problem
2/2/2026	Listed for sale	$739,000+111.1%$348/sqft
Source: Owner Report a problem
6/5/2015	Listing removed	$350,000$165/sqft
Source: Evernova Realty LLC #A2062930 Report a problem
1/27/2015	Listed for sale	$350,000-2.5%$165/sqft
Source: Evernova Realty LLC #A2062930 Report a problem
7/3/2014	Listing removed	$359,000$169/sqft
Source: Coldwell Banker Residential Real Estate - Coconut Grove #A1939403 Report a problem
4/24/2014	Listed for sale	$359,000$169/sqft
Source: Great Florida Realty Services Inc #A1939403 Report a problem
2/10/2014	Listing removed	$359,000$169/sqft
Source: REALTY WORLD EXECUTIVE HOMES #A1860441 Report a problem
1/22/2014	Price change	$359,000-7.7%$169/sqft
Source: REALTY WORLD EXECUTIVE HOMES #A1860441 Report a problem
10/25/2013	Listed for sale	$389,000+7527.5%$183/sqft
Source: REALTY WORLD EXECUTIVE HOMES #A1860441 Report a problem
3/29/2013	Sold	$5,100$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,759 +7.6%	$461,627 +10%
2024	$9,998 +9.9%	$419,661 +10%
2023	$9,099 +9.5%	$381,510 +10%
2022	$8,309 +19.5%	$346,828 +19%
2021	$6,954 +0%	$291,539 +0.4%
2020	$6,952 +8.7%	$290,272 +10%
2019	$6,393 +5.7%	$263,884 +5.3%
2018	$6,051	$250,566 +10%
2017	$6,051 +6.2%	$227,788 +10%
2016	$5,695 +11.6%	$207,080 +10%
2015	$5,102 +9.9%	$188,255 +10%
2014	$4,641 +23.4%	$171,141 +3.4%
2010	$3,761 -7.9%	$165,442 -11.6%
2009	$4,082 -14.5%	$187,104 +0.5%
2007	$4,776 +11.3%	$186,225
2006	$4,291	--
2005	$4,291 +2.2%	--
2004	$4,197 +35.1%	--
2002	$3,107	--
2001	$3,107	--