1541 NW 31 AVE, Miami, FL 33125

1541 NW 31 AVE, Miami, FL 33125 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1953 with 1,247 square feet of living space on a 9,900 square foot lot. The property is currently owned by MERCY M ALVAREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2008-05-27 for $80,000, when MERCY ALVAREZ sold to MERCY ALVAREZ. The property has appreciated $79,900 (79900%) since the prior sale of $100 on 2001-11-08. The 2025 assessed value is $126,401 with a market value of $611,617.

This breaks down to $465,300 for the land and $146,317 for the building. The assessed value increased 3% from $122,839 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $52,813, and the median home value is $363,100. The population density is 10,022 people per square mile. 1541 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 2001 to 2008, with 2 recorded transactions in the public record. The current assessed value represents 158% 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 $64 per square foot — a key metric for comparing value across Miami's real estate market..