742 NW 31 AVE, Miami, FL 33125

742 NW 31 AVE, Miami, FL 33125 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1987 with 2,717 square feet of living space on a 8,900 square foot lot. The property is currently owned by HEATHER FARKAS, 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 2022-07-29 for $850,000, when GABRIEL A ALVAREZ LE sold to HEATHER FARKAS. There are 4 recorded sales for this property. The 2025 assessed value is $661,467 with a market value of $815,909.

This breaks down to $418,300 for the land and $397,609 for the building. The assessed value increased 3% from $642,826 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $62,400, and the median home value is $362,600. The population density is 11,044 people per square mile. There are active mortgage liens totaling $642,031 recorded against this property.

742 NW 31 AVE, Miami, FL 33125 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 2004 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $313 per square foot — a key metric for comparing value across Miami's real estate market..