7 NE 42 ST, Miami, FL 33137

Parcel: 0131240240830 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$142,406

Property Details

Beds
3
Baths
2.5
Living Sqft
2,264
Year Built
1946
Lot Sqft
9,700
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1989-08-01
2
$138,000
1989-09-01
3
$100non-market transfer
2026-02-06
JEFFREY T JERNIGANJEFFREY T JERNIGAN
4
N/A
2026-02-12

Tax Assessment History

$142,406
Assessed (2025)
$1,202,137
Market Value
$91,684
Taxable Value
$1,867
Annual Tax
2024
$138,393
$1,320,651
2025
$142,406
$1,202,137
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $142,406 $1,202,137 $91,684 $1,867
2024 $138,393 $1,320,651 $88,393 $1,800

About 7 NE 42 ST, Miami, FL 33137

7 NE 42 ST, Miami, FL 33137 is a 3-bedroom, 2.5-bathroom multifamily 2-9 units : 2 living units built in 1946 with 2,264 square feet of living space on a 9,700 square foot lot. The property is currently owned by JEFFREY T JERNIGAN LESLY JERNIGAN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $142,406 with a market value of $1,202,137. This breaks down to $1,018,500 for the land and $183,637 for the building.

The assessed value increased 3% from $138,393 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.

7 NE 42 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 1989 to 2026, with 4 recorded transactions in the public record..

Current Owner

JEFFREY T JERNIGAN LESLY JERNIGAN
7 NE 42 ST, MIAMI, FL, 33137
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,108 — $3,932
Flood $400 — $800
Property/Wind $1,708 — $3,132

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$67,271
Median Home Value$618,500
Pop. Density8,215/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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