1198 NW 47 ST, Miami, FL 33127

Parcel: 0131230111920 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$190,349

Property Details

Beds
3
Baths
1
Living Sqft
1,222
Year Built
1972
Lot Sqft
5,370
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$79,000
2016-06-17
WILLIE M REID NEW WIRELESS LLC
2
$130,000+65%
2017-04-19
NEW WIRELESS LLCCHEY INVESTMENTS CORP
3
$216,000+66%
2017-10-05
CHEY INVESTMENTS CORPRONALD H PALMA

Tax Assessment History

$190,349
Assessed (2025)
$353,663
Market Value
$139,627
Taxable Value
$2,843
Annual Tax
2024
$184,985
$355,689
2025
$190,349
$353,663
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $190,349 $353,663 $139,627 $2,843
2024 $184,985 $355,689 $134,985 $2,748

About 1198 NW 47 ST, Miami, FL 33127

1198 NW 47 ST, Miami, FL 33127 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1972 with 1,222 square feet of living space on a 5,370 square foot lot. The property is currently owned by RONALD H PALMA TAMMYS MARIA CANTILLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-10-05 for $216,000, when CHEY INVESTMENTS CORP sold to RONALD H PALMA. The property has appreciated $86,000 (66%) since the prior sale of $130,000 on 2017-04-19. There are 3 recorded sales for this property.

The 2025 assessed value is $190,349 with a market value of $353,663. This breaks down to $198,690 for the land and $154,973 for the building. The assessed value increased 3% from $184,985 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.

1198 NW 47 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 2016 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 88% of the most recent sale price. Based on the most recent sale, this property traded at $177 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RONALD H PALMA TAMMYS MARIA CANTILLO
1198 NW 47 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,303 — $4,226
Flood $400 — $800
Property/Wind $1,903 — $3,426

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$39,857
Median Home Value$362,700
Pop. Density8,262/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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