1301 NW 42 ST, Miami, FL 33142

1301 NW 42 ST, Miami, FL 33142 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1937 with 733 square feet of living space on a 5,000 square foot lot. The property is currently owned by THE MG GROUP SERVICES CORP, 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 2012-03-14 for $10,000, when FANNIE MAE sold to THE MG GROUP SERVICES CORP. The property has appreciated $9,900 (9900%) since the prior sale of $100 on 2012-02-16. There are 3 recorded sales for this property.

The 2025 assessed value is $90,697 with a market value of $266,106. This breaks down to $185,000 for the land and $81,106 for the building. The assessed value increased 10% from $82,452 in 2024.

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. 1301 NW 42 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 2011 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 907% 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 $14 per square foot — a key metric for comparing value across Miami's real estate market..