5261 NE 5th Ave
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Morningside K-8 Academy
Booker T. Washington Senior High School
Horace Mann Middle School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-05 | Price change | $5,950,000 | $1,437 |
| 2026-04-27 | Price change | $6,250,000 | $1,509 |
| 2026-03-02 | Listed for sale | $6,500,000 | $1,569 |
| 2022-11-17 | Sold | $1,500,000 | $362 |
| 2020-11-19 | Sold | $1,400,000 | $338 |
| 2020-07-02 | Pending sale | $1,490,000 | $360 |
| 2020-03-30 | Price change | $1,490,000 | $360 |
| 2020-01-13 | Price change | $1,550,000 | $374 |
| 2019-09-30 | Price change | $1,600,000 | $386 |
| 2019-08-27 | Listed for sale | $1,590,000 | $384 |
| 2018-01-29 | Listing removed | $1,725,000 | $416 |
| 2017-12-01 | Price change | $1,725,000 | $416 |
| 2017-07-14 | Listed for sale | $1,875,000 | $453 |
| 2015-06-22 | Sold | $1,500,000 | $362 |
| 2015-05-13 | Pending sale | $1,700,000 | $410 |
| 2015-05-13 | Listed for sale | $1,700,000 | $410 |
| 2015-02-11 | Listing removed | $2,200,000 | $531 |
| 2014-11-23 | Listed for sale | $2,200,000 | $531 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $18,567.06 | $713,485 |
| 2024 | $17,718.28 | $648,623 |
| 2023 | $27,828.53 | $1,249,301 |
| 2022 | $18,305.97 | $766,286 |
| 2021 | $26,124.64 | $1,141,270 |
| 2020 | $24,963.54 | $1,090,189 |
| 2019 | $27,455.85 | $1,204,477 |
| 2018 | $27,042.87 | $1,207,820 |
| 2017 | $27,042.87 | $1,111,847 |
| 2016 | $25,313.65 | $1,075,892 |
| 2015 | $9,578.41 | $385,128 |
| 2014 | $8,709.78 | $382,072 |
| 2013 | $8,764.23 | $376,426 |
| 2012 | $8,764.23 | $370,134 |
| 2011 | $8,567.11 | $359,354 |
| 2010 | $8,858.26 | $354,044 |
| 2009 | $12,100.5 | $511,473 |
| 2007 | $11,588.2 | $471,081 |
| 2006 | $4,778.85 | $0 |
| 2005 | $4,778.85 | $0 |
| 2004 | $4,654.48 | $0 |
| 2003 | $4,531.26 | $0 |
| 2002 | $4,364.1 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $7,571/yr
On $1,495,000 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Miami.