850 NE 74 ST, Miami, FL 33138

850 NE 74 ST, Miami, FL 33138 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1942 with 1,577 square feet of living space on a 7,020 square foot lot. The property is currently owned by DANIEL A PALACIOS & DENISE L SPURGE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1997-12-01 for $102,000. The property sold for $3,000 less than the prior sale of $105,000 on 1993-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $194,114 with a market value of $1,012,342. This breaks down to $772,200 for the land and $240,142 for the building. The assessed value increased 3% from $188,644 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $92,162, and the median home value is $547,000. The population density is 8,984 people per square mile. 850 NE 74 ST, Miami, FL 33138 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 1988 to 1997, with 3 recorded transactions in the public record. The current assessed value represents 190% 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 $65 per square foot — a key metric for comparing value across Miami's real estate market..