515 NW 48 ST, Miami, FL 33127

Parcel: 0131240011510 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$269,687

Property Details

Beds
3
Baths
2
Living Sqft
1,500
Year Built
2007
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$249,900
2017-07-28
WILMINGTON SAVING FUND NORAH FOSSI
2
$100non-market transfer
2018-02-01
NORAH FOSSIMIA ACQUISITIONS INC
3
$380,000
2018-03-12
MIA ACQUISITIONS INC MARIE L BAEZ LORENZO

Tax Assessment History

$269,687
Assessed (2025)
$551,742
Market Value
$218,965
Taxable Value
$4,458
Annual Tax
2024
$262,087
$506,759
2025
$269,687
$551,742
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $269,687 $551,742 $218,965 $4,458
2024 $262,087 $506,759 $212,087 $4,318

About 515 NW 48 ST, Miami, FL 33127

515 NW 48 ST, Miami, FL 33127 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2007 with 1,500 square feet of living space on a 5,000 square foot lot. The property is currently owned by MARIE L BAEZ LORENZO THOMAS A WARD DAVIES, 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 2018-03-12 for $380,000, when MIA ACQUISITIONS INC sold to MARIE L BAEZ LORENZO. The property has appreciated $379,900 (379900%) since the prior sale of $100 on 2018-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $269,687 with a market value of $551,742. This breaks down to $340,000 for the land and $211,742 for the building. The assessed value increased 3% from $262,087 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $49,685, and the median home value is $657,900. The population density is 8,510 people per square mile. There are active mortgage liens totaling $338,195 recorded against this property.

515 NW 48 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 2017 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $253 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MARIE L BAEZ LORENZO THOMAS A WARD DAVIES
515 NW 48 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,018 — $3,800
Flood $400 — $800
Property/Wind $1,618 — $3,000

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$49,685
Median Home Value$657,900
Pop. Density8,510/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 →

Mortgages

ACTIVE
$362,000
~$338,195 bal.
EMBRACE HOME LOANS INC · 2021-01-07
Est. Total Balance $338,195
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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