1612 NW 42 ST, Miami, FL 33142

Parcel: 0131230373551 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$267,303

Property Details

Beds
3
Baths
2
Living Sqft
1,616
Year Built
1937
Lot Sqft
5,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$155,000
2015-05-18
PERSPECTIVE CENTER LLCFERNANDO DEL REY
2
$100non-market transfer
2018-10-04
FERNANDO DEL REY 1612 NW 42 STREET LLC
3
$299,900
2020-09-11
1612 NW 42 STREET LLCWENDELL C SAMUEL JR

Tax Assessment History

$267,303
Assessed (2025)
$344,544
Market Value
$216,581
Taxable Value
$4,409
Annual Tax
2024
$254,135
$362,047
2025
$267,303
$344,544
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $267,303 $344,544 $216,581 $4,409
2024 $254,135 $362,047 $204,135 $4,156

About 1612 NW 42 ST, Miami, FL 33142

1612 NW 42 ST, Miami, FL 33142 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1937 with 1,616 square feet of living space on a 5,000 square foot lot. The property is currently owned by WENDELL C SAMUEL JR, 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 2020-09-11 for $299,900, when 1612 NW 42 STREET LLC sold to WENDELL C SAMUEL JR. The property has appreciated $299,800 (299800%) since the prior sale of $100 on 2018-10-04. There are 3 recorded sales for this property.

The 2025 assessed value is $267,303 with a market value of $344,544. This breaks down to $185,000 for the land and $159,544 for the building. The assessed value increased 5% from $254,135 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

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. There are active mortgage liens totaling $274,034 recorded against this property.

1612 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 2015 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

WENDELL C SAMUEL JR
1612 NW 42 ST, MIAMI, FL, 33142
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$3,607 — $6,680
Flood $400 — $800
Property/Wind $3,207 — $5,880

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 33142

39.3%
Owner-Occ
60.7%
Investor
561
Flips (4yr)
7,163
New Biz (3yr)
Distress Risk
ELEVATED
42
View full risk analysis →

Mortgages

ACTIVE
$294,467
~$274,034 bal.
HAMILTON GROUP FUNDING INC · 2020-10-22
Est. Total Balance $274,034
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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