3131 NE 7 AVE 1601, Miami, FL 33137

Parcel: 0132300950110 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,140,210

Property Details

Beds
3
Baths
3.5
Living Sqft
1,634
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,307,900
2018-08-20
THIRTY FIRST ST PROPERTYONE PARAISO 1601 LLC
2
$1,725,000+32%
2022-03-28
ONE PARAISO 1601 LLCMANAN D SHAH
3
$1,725,000
2022-04-07

Tax Assessment History

$1,140,210
Assessed (2025)
$1,140,210
Market Value
$1,140,210
Taxable Value
$23,214
Annual Tax
2024
$1,266,900
2025
$1,140,210
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,140,210 $1,140,210 $1,140,210 $23,214
2024 $1,266,900 $1,266,900 $1,266,900 $25,793

About 3131 NE 7 AVE 1601, Miami, FL 33137

3131 NE 7 AVE 1601, Miami, FL 33137 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2018 with 1,634 square feet of living space. The property is currently owned by MANAN D SHAH JAGRUTI V SHAH, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-04-07 for $1,725,000. There are 3 recorded sales for this property. The 2025 assessed value is $1,140,210 with a market value of $1,140,210.

The assessed value decreased 10% from $1,266,900 in 2024. The median household income in this area is $118,772, and the median home value is $664,400. The population density is 36,695 people per square mile.

There are active mortgage liens totaling $1,444,414 recorded against this property. 3131 NE 7 AVE 1601, 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 2018 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 66% 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 $1056 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MANAN D SHAH JAGRUTI V SHAH
3131 NE 7 AVE UNIT 1601, MIAMI, FL, 33137
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$7,241 — $12,202
Flood $400 — $800
Property/Wind $6,841 — $11,402

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$118,772
Median Home Value$664,400
Pop. Density36,695/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 →

Mortgages

ACTIVE
$1,516,331
~$1,444,414 bal.
CITIBANK NA · 2022-04-07
Est. Total Balance $1,444,414
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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