Palm Park Resub

1371 NW 51st Terrace, Miami FL 33142

3 beds · 2 baths · 1,164 ft²

Closed

$440,000

2.22%

Est. Payment $2,342/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,164

Sq. Ft.

2005

Year Built

Stories

165

Days on Market

Description

WALK IN WITH 5K IN EQUITY- APPAISED FOR 445K!!!3-Bedroom, 2-Bath Family Home near the Wynwood District. Located in a dynamic and steadily evolving neighborhood, this property offers both comfort and opportunity. It features a spacious two-car driveway, plenty of street parking, and the UNIQUE REAR ACCESS VIA A PUBLIC ROAD—ideal for added convenience. This fully fenced lot boasts ample space, perfect for building a pool or designing an inviting outdoor entertainment area. With its prime location and strong potential, this home is a standout option for homeowners or investors. Appraisal page attached.

Facts

MLS#: F10498335
Subdivision: Palm Park Resub
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 2005
Lot Size: 6,000 ft²
Sq. Ft.: 1,164 ft²
Sq. Mt.: 108 m²
Price per sq. ft.: $378/ft²
Price per sq. mt.: $4,074/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 165 days
Listed: Apr 15, 2025
Last Updated: May 20, 2026
Price/Lot Sq.Ft.: $73/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/20/2026	Sold	$440,000
8/22/2025	Price change	$440,000-2.2%
4/15/2025	Listed for sale	$450,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$2,859/mo

Principal & Interest

$2,342

Property Tax

$367

Insurance

$150

HOA

Down Payment20% ($88,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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