1951 NW 31 ST, Miami, FL 33142

Parcel: 0131270080022 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$377,345

Property Details

Beds
4
Baths
4
Living Sqft
2,053
Year Built
1956
Lot Sqft
7,150
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
N/Anon-market transfer
2005-02-01
2
$100non-market transfer
2015-08-02
YURI SUCART &W CARMEN ROBERT R MENDEZ
3
$283,100
2018-05-29
ROBERT R MENDEZMABEX LLC

Tax Assessment History

$377,345
Assessed (2025)
$576,300
Market Value
$377,345
Taxable Value
$7,682
Annual Tax
2024
$343,041
$551,616
2025
$377,345
$576,300
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $377,345 $576,300 $377,345 $7,682
2024 $343,041 $551,616 $343,041 $6,984

About 1951 NW 31 ST, Miami, FL 33142

1951 NW 31 ST, Miami, FL 33142 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1956 with 2,053 square feet of living space on a 7,150 square foot lot. The property is currently owned by MABEX 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 2018-05-29 for $283,100, when ROBERT R MENDEZ sold to MABEX LLC. The property has appreciated $283,000 (283000%) since the prior sale of $100 on 2015-08-02. There are 3 recorded sales for this property.

The 2025 assessed value is $377,345 with a market value of $576,300. This breaks down to $357,500 for the land and $218,800 for the building. The assessed value increased 10% from $343,041 in 2024.

The median household income in this area is $23,516, and the median home value is $207,400. The population density is 14,926 people per square mile. 1951 NW 31 ST, Miami, FL 33142 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 2005 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 133% 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. Based on the most recent sale, this property traded at $138 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MABEX LLC
13201 SW 2 ST, MIAMI, FL, 33184
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$4,928 — $9,101
Flood $400 — $800
Property/Wind $4,528 — $8,301

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$23,516
Median Home Value$207,400
Pop. Density14,926/sq mi

Neighborhood 33142

39.3%
Owner-Occ
60.7%
Investor
561
Flips (4yr)
7,163
New Biz (3yr)
Distress Risk
ELEVATED
42
View full risk analysis →
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