275 NW 42 ST, Miami, FL 33127

Parcel: 0131240191340 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$609,712

Property Details

Beds
3
Baths
2.5
Living Sqft
1,493
Year Built
2021
Lot Sqft
5,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$17,606
2011-04-08
PARKLANE EQUITY LLCMTAG CUST FOR BRAUNTON MANAGEMENT
2
$100non-market transfer
2018-02-22
MTAG CUST FOR BRAUNTON MANAGEMENTRAVI KISSOON TRS
3
$115,000
2018-06-28
RAVI KISSOON TRSMIMI PROPERTIES LLC

Tax Assessment History

$609,712
Assessed (2025)
$735,905
Market Value
$609,712
Taxable Value
$12,413
Annual Tax
2024
$554,284
$731,205
2025
$609,712
$735,905
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $609,712 $735,905 $609,712 $12,413
2024 $554,284 $731,205 $554,284 $11,285

About 275 NW 42 ST, Miami, FL 33127

275 NW 42 ST, Miami, FL 33127 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2021 with 1,493 square feet of living space on a 5,400 square foot lot. The property is currently owned by MIMI PROPERTIES LLC, 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 2018-06-28 for $115,000, when RAVI KISSOON TRS sold to MIMI PROPERTIES LLC. The property has appreciated $114,900 (114900%) since the prior sale of $100 on 2018-02-22. There are 3 recorded sales for this property.

The 2025 assessed value is $609,712 with a market value of $735,905. This breaks down to $405,000 for the land and $330,905 for the building. The assessed value increased 10% from $554,284 in 2024.

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 $453,000 recorded against this property. 275 NW 42 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 2011 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 530% 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 $77 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MIMI PROPERTIES LLC
PO BOX 22756, DORAL, FL, 33222
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,058 — $6,897
Flood $400 — $800
Property/Wind $3,658 — $6,097

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
$453,000
LOAN FUNDER LLC · 2022-05-27
Est. Total Balance $453,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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