NOT LISTED FOR SALE

600 W 51st Terrace Miami Beach, FL 33140

La Gorce Neighborhood

Estimated Value: $1,967,000 - $2,158,678

3 Beds
3 Baths
3,032 Sq Ft
$676/Sq Ft Est. Value

About This Home

This home is located at 600 W 51st Terrace, Miami Beach, FL 33140 and is currently estimated at $2,048,670, approximately $675 per square foot. 600 W 51st Terrace is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Gerelf Llc
Bought by
Shabi Omri and Shabi Liel Green
Current Estimated Value
$2,048,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Outstanding Balance
$1,462,607
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$586,063

Purchase Details

Closed on
Dec 19, 2024
Sold by
Mp 600W51 Llc
Bought by
Gerelf Llc

Purchase Details

Closed on
May 9, 2023
Sold by
Engelmajer Maria Manuela
Bought by
Mp 600W51 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2020
Sold by
Engelmajer Francois
Bought by
Engelmajer Maria Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1998
Sold by
Kranichfeld William H and Kranichfeld Denise
Bought by
Engelmajer Francois and Engelmajer Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shabi Omri $2,100,000 Attorneys Signature Title
Gerelf Llc $1,458,100 --
Mp 600W51 Llc -- Eastcor National Title Service
Engelmajer Maria Manuela -- Attorney
Engelmajer Francois $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabi Omri $1,470,000
Previous Owner Mp 600W51 Llc $1,250,000
Previous Owner Engelmajer Maria Manuela $410,000
Previous Owner Engelmajer Francois $100,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,716 $1,877,510 $1,500,000 $377,510
2024 $12,510 $1,687,823 $1,350,000 $337,823
2023 $12,510 $703,137 $0 $0
2022 $11,407 $648,353 $0 $0
2021 $11,364 $629,469 $0 $0
2020 $10,449 $580,507 $0 $0
2019 $10,206 $567,456 $0 $0
2018 $9,700 $556,876 $0 $0
2017 $9,609 $545,423 $0 $0
2016 $9,588 $534,205 $0 $0
2015 $9,710 $530,492 $0 $0
2014 $9,876 $526,282 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami Beach 33140 La Gorce

600 W 51st Terrace, Miami Beach, FL

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