Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 30M+ properties All 50 states Methodology

2040 51st St

Miami, FL 33142

2 bd 1 ba 974 sqft Built 1956 Lot 5,500 sqft single_family
Most recent sale
$156,750
Dec 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2023 Sold $410,000 Public Record
Aug 21, 2023 Sold $410,000 BeachesMLSMatrix
Jul 5, 2023 Listed $349,900 BeachesMLSMatrix
Feb 24, 2022 Listing removed $2,100 BeachesMLSMatrix
Feb 17, 2022 Price changed for rent $2,100 BeachesMLSMatrix
Feb 12, 2022 Listed for rent $1,900 BeachesMLSMatrix
Dec 9, 2021 Sold $156,750 MLS #A10994190
Feb 4, 2021 Listed $110,000 MLS #A10994190

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $70,474 $162,058 $232,532 $4,531
2022 $66,586 $110,016 $176,602 $3,542
2021 $50,547 $99,060 $149,607 $3,141
2020 $31,835 $561
2019 $31,120 $556
2018 $30,540 $527
2017 $29,912 $525
2016 $29,297 $487
2015 $16,768 $12,326 $29,094 $492
2014 $16,282 $12,782 $29,064 $497
2013 $30,464 $510
2012 $31,688 $531
2011 $33,661 $539
2010 $52,480 $707
2009 $90,607 $1,025
2008 $90,517 $1,016

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
974 sqft
Lot size
5,500 sqft
ZIP code
33142
City
Miami
Street
51st St
Coordinates
25.82109, -80.23016

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,802
Gross rental yield
13.80%
Implied cap rate
8.97%
Trend-extrapolated value

Frequently asked questions

When did 2040 51st St last sell?
2040 51st St most recently sold on Dec 9, 2021 for $156,750.
What is the current tax assessment for 2040 51st St?
The most recent total assessment for 2040 51st St (year 2023) is $232,532 with $4,531 in property tax.
How does 2040 51st St's assessment compare to its last sale price?
The current assessment is 48.3% above the last sale price of $156,750.
When was 2040 51st St built?
2040 51st St was built in 1956.
How does 2040 51st St compare to others on 51st St?
We track 8 other properties on 51st St. Browse the list under "Other properties on 51st St" to compare beds, baths, and sale history.
What are the property facts for 2040 51st St?
2040 51st St is a 2 bed, 1 bath, 974 sqft, 5,500 sqft lot single_family.
Is 2040 51st St a flip candidate?
Yes — 2040 51st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2040 51st St a tax-appeal candidate?
No — 2040 51st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$509K
2026 Q4
$511.4K
ZIP 33142 — Median Price History + Forecast

Explore nearby