43 NW 42 ST, Miami, FL 33127

Parcel: 0131240201100 · Vacant Residential · Vacant Land · Zoning: 0104

Assessed Value (2025)
$608,280

Property Details

Beds
2
Baths
2
Living Sqft
1,000
Year Built
1953
Lot Sqft
7,200
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$34,000
1999-09-01
2
$16,300-52%
2020-11-10
BENJAMIN RODRIGUEZFELIX JOHN CASTELLANO
3
$650,000+3888%
2022-11-17
FELIX JOHN CASTELLANOLVR INVESTMENTS LLC
4
$650,000
2022-12-05

Tax Assessment History

$608,280
Assessed (2025)
$608,280
Market Value
$608,280
Taxable Value
$12,384
Annual Tax
2024
$581,376
$600,517
2025
$608,280
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $608,280 $608,280 $608,280 $12,384
2024 $581,376 $600,517 $581,376 $11,836

About 43 NW 42 ST, Miami, FL 33127

43 NW 42 ST, Miami, FL 33127 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1953 with 1,000 square feet of living space on a 7,200 square foot lot. The property is currently owned by LVR INVESTMENTS LLC SOUTH FLORIDA JSSA CORP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-12-05 for $650,000. There are 4 recorded sales for this property. The 2025 assessed value is $608,280 with a market value of $608,280.

This breaks down to $532,800 for the land and $75,480 for the building. The assessed value increased 5% from $581,376 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 $1,340,418 recorded against this property. 43 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 1999 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $650 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LVR INVESTMENTS LLC SOUTH FLORIDA JSSA CORP
8420 SW 148 DR, PALMETTO BAY, FL, 33158
Since: 2026-04-19
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,699 — $14,182
Flood $400 — $800
Property/Wind $7,299 — $13,382

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
$1,340,418
CL-LM RESI PURCHASE TRUST 1 · 2025-05-08
Est. Total Balance $1,340,418
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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