119 NW 38 ST, Miami, FL 33127

Parcel: 0131240210930 · Vacant Land - Commercial · Extra Fea Other Than Parking · Zoning: 4801

Assessed Value (2025)
$160,952

Sales History

1
$20,000
1986-09-01
2
$38,000+90%
1999-12-01
3
$110,000+189%
2014-01-10
ISMAEL RIVERAROYAL PALM GROUP LLC

Tax Assessment History

$160,952
Assessed (2025)
$702,253
Market Value
$160,952
Taxable Value
$3,277
Annual Tax
2024
$146,320
$677,288
2025
$160,952
$702,253
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $160,952 $702,253 $160,952 $3,277
2024 $146,320 $677,288 $146,320 $2,979

About 119 NW 38 ST, Miami, FL 33127

119 NW 38 ST, Miami, FL 33127 is a property. The property is currently owned by ROYAL PALM GROUP 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 2014-01-10 for $110,000, when ISMAEL RIVERA sold to ROYAL PALM GROUP LLC. The property has appreciated $72,000 (189%) since the prior sale of $38,000 on 1999-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $160,952 with a market value of $702,253. This breaks down to $700,000 for the land and $2,253 for the building. The assessed value increased 10% from $146,320 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. 119 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 1986 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 146% 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..

Current Owner

ROYAL PALM GROUP LLC
1731 UPLAND RD, WEST PALM BCH, FL, 33409-6425
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,009 — $3,800
Flood $400 — $800
Property/Wind $1,609 — $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 →
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