247 NW 54 ST, Miami, FL 33127

Parcel: 0131130480770 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6101

Assessed Value (2025)
$606,421

Property Details

Beds
3
Baths
2
Living Sqft
1,906
Year Built
1926
Lot Sqft
6,650
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1993-09-01
2
$249,000
2021-09-17
MARIA LUNABASS PROPERTY 1 LLC

Tax Assessment History

$606,421
Assessed (2025)
$733,557
Market Value
$606,421
Taxable Value
$12,346
Annual Tax
2024
$554,921
$637,454
2025
$606,421
$733,557
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $606,421 $733,557 $606,421 $12,346
2024 $554,921 $637,454 $554,921 $11,298

About 247 NW 54 ST, Miami, FL 33127

247 NW 54 ST, Miami, FL 33127 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1926 with 1,906 square feet of living space on a 6,650 square foot lot. The property is currently owned by BASS PROPERTY 1 LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-09-17 for $249,000, when MARIA LUNA sold to BASS PROPERTY 1 LLC. The 2025 assessed value is $606,421 with a market value of $733,557. This breaks down to $565,250 for the land and $168,307 for the building.

The assessed value increased 9% from $554,921 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $31,406, and the median home value is $334,000. The population density is 10,865 people per square mile. 247 NW 54 ST, Miami, FL 33127 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 1993 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 244% 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 $131 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

BASS PROPERTY 1 LLC
247 NW 54 ST, MIAMI, FL, 33127
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,677 — $14,141
Flood $400 — $800
Property/Wind $7,277 — $13,341

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$31,406
Median Home Value$334,000
Pop. Density10,865/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →
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