455 NE 38 ST, Miami, FL 33137

455 NE 38 ST, Miami, FL 33137 is a 12-bedroom, 12-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1951 with 6,124 square feet of living space on a 9,030 square foot lot. The property is currently owned by BISCAYNE RESIDENCES HOLDINGS 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 2024-03-21 for $31,300,000, when 3801 BISCAYNE CORP sold to BISCAYNE RESIDENCES HOLDINGS LLC. The property has appreciated $30,970,000 (9385%) since the prior sale of $330,000 on 2013-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,000,000 with a market value of $2,000,000. This breaks down to $903,000 for the land and $1,097,000 for the building. The assessed value increased 83% from $1,091,280 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 $96,833, and the median home value is $1,188,500.

The population density is 4,093 people per square mile. There are active mortgage liens totaling $11,000,000 recorded against this property. 455 NE 38 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 2005 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 6% 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. Based on the most recent sale, this property traded at $5111 per square foot — a key metric for comparing value across Miami's real estate market..