1520 NW 61 ST, Miami, FL 33142

1520 NW 61 ST, Miami, FL 33142 is a 24-bedroom, 18-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1957 with 10,615 square feet of living space on a 10,600 square foot lot. The property is currently owned by JBR PROPERTIES 324 LLC, recorded as of 2026-05-31. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-16 for $2,970,000, when BY PROPERTIES INC sold to JBR PROPERTIES 324 LLC. The property has appreciated $2,775,000 (1423%) since the prior sale of $195,000 on 1999-03-01. There are 4 recorded sales for this property.

The 2025 assessed value is $994,554 with a market value of $1,950,000. This breaks down to $371,000 for the land and $1,579,000 for the building. The assessed value increased 10% from $904,140 in 2024.

The median household income in this area is $40,441, and the median home value is $358,900. The population density is 13,671 people per square mile. 1520 NW 61 ST, Miami, FL 33142 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 1998 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 33% 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 $280 per square foot — a key metric for comparing value across Miami's real estate market..