8111 NE 1 AVE, Miami, FL 33138

Parcel: 0131120120120 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6101

Assessed Value (2025)
$229,251

Property Details

Beds
4
Baths
2
Living Sqft
2,176
Year Built
1921
Lot Sqft
7,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$135,000
2005-03-01
2
$92,500-31%
2015-03-27
PIERRE R BLEMUR MW REAL ESTATE GROUP
3
$115,000+24%
2015-04-17
MW REAL ESTATE GROUPCRYPTON GROUP LLC

Tax Assessment History

$229,251
Assessed (2025)
$519,961
Market Value
$229,251
Taxable Value
$4,667
Annual Tax
2024
$208,410
$520,185
2025
$229,251
$519,961
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $229,251 $519,961 $229,251 $4,667
2024 $208,410 $520,185 $208,410 $4,243

About 8111 NE 1 AVE, Miami, FL 33138

8111 NE 1 AVE, Miami, FL 33138 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1921 with 2,176 square feet of living space on a 7,250 square foot lot. The property is currently owned by CRYPTON GROUP LLC C/O GIBSON GROUP MANAGEMENT, 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 2015-04-17 for $115,000, when MW REAL ESTATE GROUP sold to CRYPTON GROUP LLC. The property has appreciated $22,500 (24%) since the prior sale of $92,500 on 2015-03-27. There are 3 recorded sales for this property.

The 2025 assessed value is $229,251 with a market value of $519,961. This breaks down to $435,000 for the land and $84,961 for the building. The assessed value increased 10% from $208,410 in 2024.

The median household income in this area is $38,439, and the median home value is $459,400. The population density is 10,797 people per square mile. 8111 NE 1 AVE, Miami, FL 33138 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 2005 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 199% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $53 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

CRYPTON GROUP LLC C/O GIBSON GROUP MANAGEMENT
6061 N FALLS CIR DR UNIT 401, LAUDERHILL, FL, 33319
Since: 2026-04-19
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Est. Annual Insurance

$3,151 — $5,843
Flood $400 — $800
Property/Wind $2,751 — $5,043

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$38,439
Median Home Value$459,400
Pop. Density10,797/sq mi

Neighborhood 33138

48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
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