32 NE 1 AVE, Miami, FL 33132

32 NE 1 AVE, Miami, FL 33132 is a store : retail outlet built in 1925 with 1,410 square feet of living space on a 1,250 square foot lot. The property is currently owned by 125ST DEVELOPMENT NM LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-09-11 for $1,500,000, when BARBARA MAROON BASILA TRS sold to 125ST DEVELOPMENT NM LLC. The property has appreciated $1,499,900 (1499900%) since the prior sale of $100 on 2016-10-19. There are 3 recorded sales for this property.

The 2025 assessed value is $771,505 with a market value of $812,660. This breaks down to $750,000 for the land and $62,660 for the building. The assessed value increased 10% from $701,369 in 2024.

The median household income in this area is $61,311, and the median home value is $364,000. The population density is 13,567 people per square mile. This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property.

32 NE 1 AVE, Miami, FL 33132 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 2011 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 51% 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. Based on the most recent sale, this property traded at $1064 per square foot — a key metric for comparing value across Miami's real estate market..