1940 NW 31 ST, Miami, FL 33142

1940 NW 31 ST, Miami, FL 33142 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1957 with 2,174 square feet of living space on a 7,200 square foot lot. The property is currently owned by WILLIAM APTS 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 2020-12-29 for $1,180,000, when SSI AT ALLAPATTAH LLC sold to WILLIAM APTS LLC. The property has appreciated $1,179,900 (1179900%) since the prior sale of $100 on 2018-10-15. There are 3 recorded sales for this property.

The 2025 assessed value is $483,455 with a market value of $593,300. This breaks down to $360,000 for the land and $233,300 for the building. The assessed value increased 10% from $439,505 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. 1940 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 2017 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 41% 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 $543 per square foot — a key metric for comparing value across Miami's real estate market..