2 months on rocket

531 W 51st St, Miami Beach, FL, 33140

$2,395,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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531 W 51st St, Miami Beach$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered
Year Built1944
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11649036
StatusActive

About 531 W 51st St

Discover the epitome of Miami Beach living in the sought-after Lakeview community! This renovated 3-bed, 2-bath home boasts an open flow living concept, showcasing a top-of-the-line chef's kitchen with gas range and wine cooler. The meticulous renovations extend throughout, ensuring modern comfort. Step into a serene backyard retreat with lush landscaping, a pool, and dedicated spaces for outdoor dining and BBQs. Other features include hurricane impact windows, heated pool and full home generator. Fisher Park is a leisurely walk away, offering a nature escape. Minutes from Sunset Harbor and the beaches, this property provides the perfect balance of luxury and convenience. Live the ultimate Miami Beach lifestyle - schedule a viewing to make this dream home yours!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1944
  • Stories: 1

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Tristan Alexander

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Other

Parking Information:

  • Parking: Attached Carport, Covered

Virtual/3D Tour

  • Virtual Tour: 531 W 51st St
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000

Tax Information:

  • Annual Amount: $17,836
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

531 W 51st St vs Miami Beach

81 DAYS ON ROCKET

-20 Days

$2,395,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11649036

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Tristan Alexander

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17,836$921,300
2018$18,597$988,367
2017$17,110$898,516

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-504274
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-504275
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.81 miles

  • Public District Grades PK-5

school-card-donut-504276
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 2.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,524. Residents of Miami Beach, FL typically earn $200k+ each year. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 W 51st St

What is the listing price of this property?

The listing price of 531 W 51st St property is $2,395,000.

What type of property is this?

The property 531 W 51st St is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 531 W 51st St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,836 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 W 51st St has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 531 W 51st St is 1944.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›531 W 51st St

This home is located at 531 W 51st St in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This home was built in 1944. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $2,395,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

From Rocket Homes Real Estate and based on county public records data.

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