$425,000
Sold · October 29, 2025
1371 NW 51st Terrace
Palm Park Resub
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $425,000
- Vs. list price
- 3.4% under
- Days on market
- 165
- Price per sq ft
- $365
This 3-bedroom single-family home in ZIP 33142 sold for $425,000 on October 29, 2025. That was 3.4% below its final list price of $440,000. It first came on the market at $450,000, so the price was adjusted before it sold. It spent 165 days on the market. At $365 per square foot, it closed in line with the $371 median of the 3 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $425,000
- Sold On
- October 29, 2025
- Days on Site
- 165 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,164 sqft
- Year Built
- 2005
- Property Type
- Single Family
- MLS #
- F10498335
- Property Tax
- $5,239 (2024)
- Subdivision
- Palm Park Resub
- County
- Miami Dade
- Status
- Sold
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2005
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway
- Direction Faces
- South
- Living Sq Ft
- 1,164
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0104
Interior Features
- Appliances
- Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Family Dining Room / Main Level Primary / Tub Shower
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Other
- Lot Features
- Less Than Quarter Acre
Community & HOA
- Security
- Smoke Detectors
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 1371 NW 51st Terrace, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 1371 NW 51st Terrace, Miami, FL 33142. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1371 NW 51st Terrace, Miami, FL 33142 still available?
- 1371 NW 51st Terrace, Miami, FL 33142 is currently listed as Sold, and has been on the market 165 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1371 NW 51st Terrace, Miami, FL 33142?
- With 20% down ($88,000) on the $440,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1371 NW 51st Terrace, Miami, FL 33142 is about $2,312/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1371 NW 51st Terrace, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1371 NW 51st Terrace, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1371 NW 51st Terrace, Miami, FL 33142?
- Often, yes. The right offer on 1371 NW 51st Terrace, Miami, FL 33142 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Charles Rutenberg Realty FTL
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$425,000
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Listed by Beverly Chambers PA, Charles Rutenberg Realty FTL
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Recent Sales
Recently sold homes in ZIP 33142
These are the last 6 recorded closings in ZIP 33142, with the price each home actually sold for rather than what it was listed at. They closed at a median of $371 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$11,000,000
Sold · October 15, 2026
3464 N River Drive
0 bed · 0 bath
Sold$335,000
Sold · October 14, 2026
2118 NW 47th Street
3 bed · 1 bath · 1,040 sqft · $322/sqft
$5,000 over the asking price
Sold$557,500
Sold · October 13, 2026
1519 NW 40th Street
0 bed · 0 bath · 1,959 sqft · $285/sqft
$7,500 under the asking price
Sold$280,000
Sold · October 9, 2026
2052 NW 27th Street
0 bed · 0 bath
$19,000 under the asking price
Sold$490,000
Sold · October 9, 2026
2501 NW 55th Terrace
3 bed · 2 bath · 1,320 sqft · $371/sqft
$15,000 under the asking price
Sold$400,000
Sold · October 7, 2026
3062 NW 60th Street
3 bed · 2 bath · 864 sqft · $463/sqft
See every recorded sale in ZIP 33142 or find out what your ZIP 33142 home is worth.
