151 NW 38 ST, Miami, FL 33127

Parcel: 0131240210900 · Residential - Single Family · 1 Unit · Zoning: 4801

Assessed Value (2025)
$1,401,000

Property Details

Beds
2
Baths
1
Living Sqft
1,232
Year Built
1941
Lot Sqft
10,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$34,000
2010-06-18
HSBC BNK USA NA TRSPABLO ALVAREZ
2
$912,500+2584%
2016-02-17
PABLO ALVAREZ151 DISTRICT PARTNERS LLC
3
$1,680,000+84%
2023-02-07
151 DISTRICT PARTNERS LLCLVR INVESTMENTS LLC
4
$1,680,000
2023-02-13

Tax Assessment History

$1,401,000
Assessed (2025)
$1,401,000
Market Value
$1,401,000
Taxable Value
$28,523
Annual Tax
2024
$1,351,000
2025
$1,401,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,401,000 $1,401,000 $1,401,000 $28,523
2024 $1,351,000 $1,351,000 $1,351,000 $27,505

About 151 NW 38 ST, Miami, FL 33127

151 NW 38 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1941 with 1,232 square feet of living space on a 10,000 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 2023-02-13 for $1,680,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,401,000 with a market value of $1,401,000.

This breaks down to $1,400,000 for the land and $1,000 for the building. The assessed value increased 4% from $1,351,000 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.

151 NW 38 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 2010 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $1364 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

$17,212 — $31,622
Flood $400 — $800
Property/Wind $16,812 — $30,822

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
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