8340 NE 1 AVE, Miami, FL 33138

Parcel: 0131120120610 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6101

Assessed Value (2025)
$480,660

Property Details

Beds
2
Baths
2
Living Sqft
1,136
Year Built
1947
Lot Sqft
6,750
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$30,000
2011-08-11
HSBC MORTGAGE SERVICES INCDPH INVESTMENT GROUP LLC
2
$37,000+23%
2011-08-26
DPH INVESTMENT GROUP LLCLORENZO HOMES INC
3
$565,000+1427%
2024-02-09
LORENZO HOMES INCPRIORITY 1 RETIREMENT LLC
4
$565,000
2024-02-12

Tax Assessment History

$480,660
Assessed (2025)
$480,660
Market Value
$480,660
Taxable Value
$9,786
Annual Tax
2024
$146,163
$480,669
2025
$480,660
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $480,660 $480,660 $480,660 $9,786
2024 $146,163 $480,669 $146,163 $2,976

About 8340 NE 1 AVE, Miami, FL 33138

8340 NE 1 AVE, Miami, FL 33138 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1947 with 1,136 square feet of living space on a 6,750 square foot lot. The property is currently owned by PRIORITY 1 RETIREMENT 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 2024-02-12 for $565,000. There are 4 recorded sales for this property. The 2025 assessed value is $480,660 with a market value of $480,660.

This breaks down to $405,000 for the land and $75,660 for the building. The assessed value increased 229% from $146,163 in 2024. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.

Flood insurance is typically required. 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.

8340 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 2011 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $497 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

PRIORITY 1 RETIREMENT LLC
5794 BIRD RD 210, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$6,167 — $11,374
Flood $400 — $800
Property/Wind $5,767 — $10,574

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
View full risk analysis →
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