2520 Shelter Ave
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $5,387/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Miami Beach
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-15 | Price change | $19,750,000 | $3,424 |
| 2026-05-10 | Listed for sale | $19,500,000 | $3,381 |
| 2025-07-24 | Sold | $10,500,000 | $1,820 |
| 2020-11-16 | Sold | $2,350,000 | $407 |
| 2020-10-25 | Pending sale | $2,350,000 | $407 |
| 2020-06-15 | Listed for sale | $2,350,000 | $407 |
| 2020-05-13 | Listing removed | $2,350,000 | $407 |
| 2019-12-10 | Listed for sale | $2,350,000 | $407 |
| 2019-07-02 | Listing removed | $2,399,000 | $416 |
| 2018-11-21 | Price change | $2,399,000 | $416 |
| 2018-04-24 | Price change | $2,550,000 | $442 |
| 2018-04-02 | Listed for sale | $2,675,000 | $464 |
| 2015-12-21 | Listing removed | $2,895,000 | $502 |
| 2015-10-23 | Price change | $2,895,000 | $502 |
| 2015-04-30 | Listed for sale | $2,950,000 | $511 |
| 2015-02-26 | Listing removed | $2,950,000 | $511 |
| 2014-11-05 | Price change | $2,950,000 | $511 |
| 2014-09-10 | Price change | $3,090,000 | $536 |
| 2014-08-30 | Listed for sale | $3,200,000 | $555 |
| 2012-11-09 | Listing removed | $11,000 | $2 |
| 2012-10-17 | Price change | $11,000 | $2 |
| 2012-08-21 | Sold | $1,690,000 | $293 |
| 2012-07-05 | Listed for rent | $7,000 | $1 |
| 2012-03-08 | Price change | $2,200,000 | $381 |
| 2012-01-11 | Price change | $2,400,000 | $416 |
| 2011-11-29 | Listed for sale | $2,500,000 | $433 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $67,526.54 | $2,942,841 |
| 2024 | $61,923.04 | $2,675,310 |
| 2023 | $59,409.59 | $2,432,100 |
| 2022 | $45,555.84 | $2,211,000 |
| 2021 | $38,809.3 | $2,010,000 |
| 2020 | $34,627.13 | $1,782,000 |
| 2019 | $34,881.3 | $1,800,000 |
| 2018 | $34,975.8 | $1,860,000 |
| 2017 | $34,975.8 | $1,737,047 |
| 2016 | $36,875.99 | $1,835,736 |
| 2015 | $35,462.33 | $1,668,851 |
| 2014 | $31,317.63 | $1,517,138 |
| 2013 | $24,251.22 | $1,379,217 |
| 2012 | $24,251.2 | $1,184,715 |
| 2011 | $24,565.7 | $1,186,792 |
| 2010 | $28,220.1 | $1,278,867 |
| 2009 | $29,270 | $1,422,881 |
| 2007 | $36,659.7 | $1,817,120 |
| 2006 | $26,482.4 | $0 |
| 2005 | $26,482.4 | $0 |
| 2003 | $15,075.3 | $0 |
| 2002 | $10,389.8 | $0 |
| 2001 | $10,389.8 | $0 |
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