1040 NW 1 CT, Miami, FL 33136
Parcel: 0101010601050 · Vacant Land - Commercial · Vacant Land · Zoning: 6106
Assessed Value (2025)
$263,134
Sales History
1
$500
1996-06-01
2
$187,900+37480%
2004-12-01
3
$1,437,600+665%
2011-08-31
ROYAL PALM MIA DOWNTOWN LLC → RING EQUITY PROPERTIES LLC
Tax Assessment History
$263,134
Assessed (2025)
$760,000
Market Value
$263,134
Taxable Value
$5,357
Annual Tax
2024
$239,213
$758,835
2025
$263,134
$760,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $263,134 | $760,000 | $263,134 | $5,357 | $760,000 | $0 |
| 2024 | $239,213 | $758,835 | $239,213 | $4,870 | $758,835 | $0 |
About 1040 NW 1 CT, Miami, FL 33136
1040 NW 1 CT, Miami, FL 33136 is a property. The property is currently owned by RING EQUITY PROPERTIES LLC C/O PAUL RIZZI, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2011-08-31 for $1,437,600, when ROYAL PALM MIA DOWNTOWN LLC sold to RING EQUITY PROPERTIES LLC. The property has appreciated $1,249,700 (665%) since the prior sale of $187,900 on 2004-12-01. There are 3 recorded sales for this property.
The 2025 assessed value is $263,134 with a market value of $760,000. The assessed value increased 10% from $239,213 in 2024. The median household income in this area is $39,210, and the median home value is $-666,666,666.
The population density is 10,347 people per square mile. This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. 1040 NW 1 CT, Miami, FL 33136 is located in Miami, Florida.
Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 18% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Distress Signals
- Active lis pendens (foreclosure)
Current Owner
RING EQUITY PROPERTIES LLC C/O PAUL RIZZI
115 FIG DRIVE, DIX HILLS, NY, 11746
Since: 2026-04-19
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Est. Annual Insurance
$3,031 — $5,536
Flood $400 — $800
Property/Wind $2,631 — $4,736
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$39,210
Median Home Value$-666,666,666
Pop. Density10,347/sq mi
Neighborhood 33136
17.9%
Owner-Occ
82.1%
Investor
24
Flips (4yr)
2,726
New Biz (3yr)
Distress Risk
HIGH
74
Foreclosure Alert
ACTIVE 1975-07-03
Plaintiff: SOSNA SAM
Defendant: GOICOECHEA OLGA G
ACTIVE 1975-06-27
Plaintiff: LEVENSTEIN LEONARD L TRU
Defendant: LYON NORMAN W TRU & NORMAN W ET AL
ACTIVE 1975-03-25
Plaintiff: YAROS ASSOC A I A PA
Defendant: PLAZA SUPERMARKET INC
ACTIVE 1974-10-10
Plaintiff: LUISAND CORP
Defendant: SEARS ROEBUCK & CO
ACTIVE 1974-09-20
Plaintiff: KATZ HERBERT
Defendant: GAITOR ELLEN
ACTIVE 1974-07-05
Plaintiff: PHILADELPHIA SV FUND SOC
Defendant: LEDO BARBARA ROSA & JOSE JR
ACTIVE 1974-06-06
Plaintiff: BUILDERS INVEST GROUP
Defendant: DEVON DEVELOPERS INC ET AL
ACTIVE 1974-05-14
Plaintiff: CROWN DRYWALL CONST INC
Defendant: LEBA CONST CORP ET AL
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