50 NE 42 ST, Miami, FL 33137

Parcel: 0131240241220 · Vacant Residential · Vacant Land · Zoning: 8000

Assessed Value (2025)
$453,900

Sales History

1
N/Anon-market transfer
1995-11-01
2
$950,000
2015-01-09
FERMIN SILVA &W ALMATRADE WINDS MIAMI LLC
3
$100non-market transfer
2015-01-09
TRADE WINDS MIAMI LLCINSTITUE OF COMTEMPORARY

Tax Assessment History

$453,900
Assessed (2025)
$575,000
Market Value
$0
Taxable Value
2024
$412,637
$575,000
2025
$453,900
$575,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $453,900 $575,000 $0
2024 $412,637 $575,000 $0

About 50 NE 42 ST, Miami, FL 33137

50 NE 42 ST, Miami, FL 33137 is a property. The property is currently owned by INSTITUE OF COMTEMPORARY ART MIAMI INC, 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 2015-01-09 for $950,000, when FERMIN SILVA &W ALMA sold to TRADE WINDS MIAMI LLC. The property has appreciated $949,900 (949900%) since the prior sale of $100 on 2015-01-09. There are 3 recorded sales for this property.

The 2025 assessed value is $453,900 with a market value of $575,000. The assessed value increased 10% from $412,637 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 $67,271, and the median home value is $618,500. The population density is 8,215 people per square mile.

50 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 1995 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 48% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

INSTITUE OF COMTEMPORARY ART MIAMI INC
61 NE 41 ST, MIAMI, FL, 33137
Since: 2026-04-19
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,939 — $8,970
Flood $400 — $800
Property/Wind $4,539 — $8,170

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
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