1021 NW 23 AVE, Miami, FL 33125

Parcel: 0131340381860 · Multifamily 2-9 Units · 2 Living Units · Zoning: 4600

Assessed Value (2025)
$219,604

Property Details

Beds
4
Baths
2
Living Sqft
1,809
Year Built
1959
Lot Sqft
5,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$97,000
2013-10-31
ORLANDO PEDROSO &WFELIX RAPOSO
2
$120,000+24%
2014-03-26
FELIX RAPOSOMI LU INVESTMENTS CORPORATION

Tax Assessment History

$219,604
Assessed (2025)
$319,497
Market Value
$219,604
Taxable Value
$4,471
Annual Tax
2024
$199,640
$319,567
2025
$219,604
$319,497
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $219,604 $319,497 $219,604 $4,471
2024 $199,640 $319,567 $199,640 $4,065

About 1021 NW 23 AVE, Miami, FL 33125

1021 NW 23 AVE, Miami, FL 33125 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1959 with 1,809 square feet of living space on a 5,000 square foot lot. The property is currently owned by MI LU INVESTMENTS CORPORATION, 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 2014-03-26 for $120,000, when FELIX RAPOSO sold to MI LU INVESTMENTS CORPORATION. The property has appreciated $23,000 (24%) since the prior sale of $97,000 on 2013-10-31. The 2025 assessed value is $219,604 with a market value of $319,497.

This breaks down to $220,000 for the land and $99,497 for the building. The assessed value increased 10% from $199,640 in 2024. The median household income in this area is $34,474, and the median home value is $280,200.

The population density is 20,132 people per square mile. There are active mortgage liens totaling $290,133 recorded against this property. 1021 NW 23 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 2013 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 183% 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 $66 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MI LU INVESTMENTS CORPORATION
2970 N W 15 ST, MIAMI, FL, 33125
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,035 — $5,631
Flood $400 — $800
Property/Wind $2,635 — $4,831

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$34,474
Median Home Value$280,200
Pop. Density20,132/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$306,000
~$290,133 bal.
JMAC LENDING INC · 2022-01-20
Est. Total Balance $290,133
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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