1042 NW 47 TER, Miami, FL 33127

1042 NW 47 TER, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1939 with 1,313 square feet of living space on a 5,000 square foot lot. The property is currently owned by ARODIS MARZO, 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 2020-07-13 for $240,000, when AMERICAN REAL EST & MGMT GRP LLC sold to ARODIS MARZO. The property has appreciated $211,000 (728%) since the prior sale of $29,000 on 2011-09-28. There are 3 recorded sales for this property.

The 2025 assessed value is $326,621 with a market value of $326,621. This breaks down to $185,000 for the land and $141,621 for the building. The assessed value increased 31% from $248,504 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $39,857, and the median home value is $362,700. The population density is 8,262 people per square mile.

1042 NW 47 TER, 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 1997 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 136% 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 $183 per square foot — a key metric for comparing value across Miami's real estate market..