261 NE 45 ST, Miami, FL 33137

261 NE 45 ST, Miami, FL 33137 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 1,554 square feet of living space on a 7,475 square foot lot. The property is currently owned by ARMANDO ROUCO, 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 2020-12-18 for $440,000, when SANDRA JOHNAKIN sold to ARMANDO ROUCO. The property has appreciated $390,100 (782%) since the prior sale of $49,900 on 1984-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $533,654 with a market value of $765,774. This breaks down to $620,425 for the land and $145,349 for the building. The assessed value increased 10% from $485,140 in 2024.

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 $67,271, and the median home value is $618,500.

The population density is 8,215 people per square mile. 261 NE 45 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 1973 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 121% 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 $283 per square foot — a key metric for comparing value across Miami's real estate market..