Miami-Dade County  »  33128  »  NW 1st St  »  550 NW 1st St

550 Northwest 1st Street, Miami, FL 33128 - Property report

Also known as: 550 NW 1st St

Property image for 550 Northwest 1st Street, Miami, FL 33128
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Property type

Multifamily 2-9 Units: Multifamily 3 or More Units (0803)

Year built

1919

Acreage

0.172

Sale price

$900,000

General information

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Address
Primary address
550 Northwest 1st Street
ZIP code
33128
County
Miami-Dade
Municipality
01
Neighborhood
010201000
Parcel ID
0102010001060
Qualifier

Owner

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Sales
Sale date
11/08/2021
Sale price
$900,000
Arm's length
Tax
Tax year
2025
Current property tax
$23,539
Building
Property type
Multifamily 2-9 Units: Multifamily 3 or More Units (0803)
Building sq. ft.
2,825
Buildings on lot
2
Stories
2
Year built
1919
Lot
Total sq. ft.
4,675
Acreage
0.172
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
85 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 550 Northwest 1st Street, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 550 Northwest 1st Street, Miami, FL 33128

Sale date Sale price Buyer name Seller name
11/08/2021 $900,000 XXXX XXXXX; XXXX XXXXXXXXXX XXX XXXXX XXXXXXXX
08/02/2003 $10 XXXXXXXX, XXXXXXXX &X; XXXXXXXX, XXXXX XXXXXXXX, XXXXX
10/23/2000 $44,400 XXXXXXXX, XXXXX XXXXXXXX, XXXXXXXX &X; XXXXXXXX, XXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/16/2021 - R
11/08/2021 - D
Deed XXXXX XXXXXXXX XXXX XXXXX
08/02/2003 - R Quit Claim Deed XXXXXXXX, XXXXX XXXXXXXX, XXXXXXXX &X
10/23/2000 - D
10/16/2000 - R
Quit Claim Deed XXXXXXXX, XXXXXXXX &X XXXXXXXX, XXXXX
08/04/1999 - D
07/29/1999 - R
Mortgage XXXXXXXX, XXXXX &X XXXXXXXX XXXXXXXX XXXXXXX XXXXXX XXX
08/04/1999 - D
07/29/1999 - R
Quit Claim Deed XXXXXXXX, XXXXXXXX XXXXXXXX, XXXXXXXX &X XXXXX
10/17/1997 - R Notice of Commencement XXXXXXXX, XXXXXXXX & XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 Northwest 1st Street, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$23,539
Recent tax assessments
Market value
$1,405,964
Land value
$1,275,000
Building value
$130,964
Assessed value
$1,064,311

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,405,964 $1,064,311 19.9878 $23,539 +13.19%
2024 $1,181,598 $967,556 20.0332 $20,796 +9.17%
2023 $1,024,040 $879,597 20.5564 $19,049 +15.56%
2022 $799,634 $799,634 20.6152 $16,485 +86.41%
2021 $562,843 $343,991 21.2466 $8,843 -26.23%
2020 $562,843 $317,606 21.2981 $11,987 +0.93%
2019 $556,390 $293,009 21.3464 $11,877 +1.82%
2018 $556,892 $270,787 20.9454 $11,664 -7.44%
2017 $594,893 $250,387 21.1842 $12,602 +20.84%
2016 $477,820 $231,756 21.8256 $10,429 +47.54%

Permit information for 550 Northwest 1st Street, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Demographics by ZIP code

Total population
9,475
Median age
43.7
Average household income
$54,929
Family households
42.5%
People per household (average)
2.06
Occupied housing units
4,395
Owner-occupied units
2.5%
Median year structure built
1979
Median value unmortgaged units
$916,700

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 550 Northwest 1st Street, Miami, FL 33128 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 550 Northwest 1st Street, Miami, FL 33128?

The development at 550 Northwest 1st Street, Miami, FL 33128 was built in 1919.

What is the total square footage of 550 Northwest 1st Street, Miami, FL 33128?

550 Northwest 1st Street, Miami, FL 33128 has a total of 2,825 square feet.

When was 550 Northwest 1st Street, Miami, FL 33128 last sold and what was the sale price?

550 Northwest 1st Street, Miami, FL 33128 was last sold on 11/08/2021 for $900,000.

What is the assessed value of 550 Northwest 1st Street, Miami, FL 33128?

550 Northwest 1st Street, Miami, FL 33128 is currently assessed at $1,064,311.

What are the property taxes for 550 Northwest 1st Street, Miami, FL 33128?

The property taxes for 550 Northwest 1st Street, Miami, FL 33128 total $23,539.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

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