262 NE 61 ST, Miami, FL 33137

Parcel: 0132180150170 · Vacant Land - Industrial · Extra Fea Other Than Parking · Zoning: 6110

Assessed Value (2025)
$529,200

Sales History

1
$120,000
1989-07-01
2
$500,000+317%
2011-09-22
EMANUEL A MARACINI &W MICHELE6380 NE 4 AVE LLC
3
$2,100,000+320%
2017-06-26
6380 NE 4 AVE LLCMAGIC CITY PROPERTIES XVIII LLC

Tax Assessment History

$529,200
Assessed (2025)
$529,200
Market Value
$529,200
Taxable Value
$10,774
Annual Tax
2024
$529,200
2025
$529,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $529,200 $529,200 $529,200 $10,774
2024 $529,200 $529,200 $529,200 $10,774

About 262 NE 61 ST, Miami, FL 33137

262 NE 61 ST, Miami, FL 33137 is a property. The property is currently owned by MAGIC CITY PROPERTIES XVIII 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 2017-06-26 for $2,100,000, when 6380 NE 4 AVE LLC sold to MAGIC CITY PROPERTIES XVIII LLC. The property has appreciated $1,600,000 (320%) since the prior sale of $500,000 on 2011-09-22. There are 3 recorded sales for this property.

The 2025 assessed value is $529,200 with a market value of $529,200. This breaks down to $528,237 for the land and $963 for the building. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $35,271, and the median home value is $394,100. The population density is 11,799 people per square mile.

262 NE 61 ST, Miami, FL 33137 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 1989 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 25% 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..

Current Owner

MAGIC CITY PROPERTIES XVIII LLC
6161 NE 3 AVE SUITE 3, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,692 — $10,325
Flood $400 — $800
Property/Wind $5,292 — $9,525

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$35,271
Median Home Value$394,100
Pop. Density11,799/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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