118 E FLAGLER ST, Miami, FL 33131
Parcel: 0101120101090 · Store · Retail Outlet · Zoning: 6401
Assessed Value (2025)
$3,223,690
Property Details
Living Sqft
10,110
Year Built
1930
Lot Sqft
6,000
Stories
2
STORE : RETAIL OUTLET
Sales History
1
$7,250,000
2022-05-25
M O M REALTY CORP → 118 FLAGLER REALTY LLC
2
$7,250,000
2022-06-01
Tax Assessment History
$3,223,690
Assessed (2025)
$3,223,690
Market Value
$3,223,690
Taxable Value
$65,632
Annual Tax
2024
$3,541,520
$4,200,000
2025
$3,223,690
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,223,690 | $3,223,690 | $3,223,690 | $65,632 | $3,150,000 | $73,690 |
| 2024 | $3,541,520 | $4,200,000 | $3,541,520 | $72,103 | $3,900,000 | $300,000 |
About 118 E FLAGLER ST, Miami, FL 33131
118 E FLAGLER ST, Miami, FL 33131 is a store : retail outlet built in 1930 with 10,110 square feet of living space on a 6,000 square foot lot. The property is currently owned by 118 FLAGLER REALTY 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 2022-06-01 for $7,250,000. The 2025 assessed value is $3,223,690 with a market value of $3,223,690. This breaks down to $3,150,000 for the land and $73,690 for the building.
The assessed value decreased 9% from $3,541,520 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. 118 E FLAGLER ST, Miami, FL 33131 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 2022 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 44% 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 $717 per square foot — a key metric for comparing value across Miami's real estate market..
Distress Signals
- Active lis pendens (foreclosure)
Current Owner
118 FLAGLER REALTY LLC
19 W FLAGLER ST 310, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$39,084 — $71,721
Flood $400 — $800
Property/Wind $38,684 — $70,921
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$61,311
Median Home Value$364,000
Pop. Density13,567/sq mi
Neighborhood 33131
22.1%
Owner-Occ
77.9%
Investor
1,448
Flips (4yr)
25,103
New Biz (3yr)
Distress Risk
ELEVATED
56
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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