161 NE 23 ST, Miami, FL 33137

161 NE 23 ST, Miami, FL 33137 is a 23-bedroom, 4-bathroom miscellaneous - residential : mixed use - residential built in 1926 with 6,048 square feet of living space on a 7,380 square foot lot. The property is currently owned by 161 NE 23RD STREET REALTY 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 2022-07-12 for $4,500,000, when 161 AND 167 LLC sold to 161 NE 23RD STREET REALTY LLC. There are 4 recorded sales for this property. The 2025 assessed value is $1,477,000 with a market value of $1,477,000.

This breaks down to $1,476,000 for the land and $1,000 for the building. The assessed value decreased 1% from $1,494,812 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 $83,465, and the median home value is $-666,666,666. The population density is 15,447 people per square mile.

161 NE 23 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 2007 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 33% 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. Based on the most recent sale, this property traded at $744 per square foot — a key metric for comparing value across Miami's real estate market..