128 NE 22 ST, Miami, FL 33137

Parcel: 0131250140060 · Vacant Land - Commercial · Vacant Land · Zoning: 6100

Assessed Value (2025)
$1,546,000

Property Details

Beds
4
Baths
4
Living Sqft
2,852
Year Built
1927
Lot Sqft
7,445
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$45,000
1982-11-01
2
$350,000+678%
1998-10-01
3
$4,000,000+1043%
2023-12-13
WILLIAM L KELLY JR &NEW SENSE LLC

Tax Assessment History

$1,546,000
Assessed (2025)
$1,546,000
Market Value
$1,546,000
Taxable Value
$31,475
Annual Tax
2024
$1,546,000
2025
$1,546,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,546,000 $1,546,000 $1,546,000 $31,475
2024 $1,546,000 $1,546,000 $1,546,000 $31,475

About 128 NE 22 ST, Miami, FL 33137

128 NE 22 ST, Miami, FL 33137 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1927 with 2,852 square feet of living space on a 7,445 square foot lot. The property is currently owned by NEW SENSE 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 2023-12-13 for $4,000,000, when WILLIAM L KELLY JR & sold to NEW SENSE LLC. The property has appreciated $3,650,000 (1043%) since the prior sale of $350,000 on 1998-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,546,000 with a market value of $1,546,000. This breaks down to $1,545,000 for the land and $1,000 for the building. 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.

There are active mortgage liens totaling $2,400,000 recorded against this property. 128 NE 22 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 1982 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 39% 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 $1403 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

NEW SENSE LLC
2121 SW 3 AVE STE 403, MIAMI, FL, 33129
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$18,952 — $34,812
Flood $400 — $800
Property/Wind $18,552 — $34,012

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$83,465
Median Home Value$-666,666,666
Pop. Density15,447/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 →

Mortgages

ACTIVE
$2,400,000
ELS HOLDINGS LLC · 2023-12-20
Est. Total Balance $2,400,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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