121 NE 46 ST, Miami, FL 33137

121 NE 46 ST, Miami, FL 33137 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1936 with 2,520 square feet of living space on a 5,750 square foot lot. The property is currently owned by RICHARD WALLET SAMANTHA WALLET, 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 2024-03-08 for $1,800,000, when STEPHEN MATTHEW BANDER sold to RICHARD WALLET. The property has appreciated $1,799,900 (1799900%) since the prior sale of $100 on 2016-03-23. There are 3 recorded sales for this property.

The 2025 assessed value is $943,376 with a market value of $1,133,389. This breaks down to $603,750 for the land and $529,639 for the building. The assessed value increased 92% from $491,850 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 $67,271, and the median home value is $618,500. The population density is 8,215 people per square mile. There are active mortgage liens totaling $1,052,514 recorded against this property.

121 NE 46 ST, Miami, FL 33137 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 2024, with 3 recorded transactions in the public record.

The current assessed value represents 52% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $714 per square foot — a key metric for comparing value across Miami's real estate market..