3131 NE 7 AVE 404, Miami, FL 33137

Parcel: 0132300951310 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$894,381

Property Details

Beds
3
Baths
3.5
Living Sqft
1,526
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$914,900
2018-09-21
THIRTY FIRST ST PROPERTYMARA LEONOR ALVES COSTA BRAGA
2
$1,139,900+25%
2022-02-04
MARA LEONOR ALVES COSTA BRAGAMERRITT NORTH LLC
3
$1,139,900
2022-02-09

Tax Assessment History

$894,381
Assessed (2025)
$894,381
Market Value
$894,381
Taxable Value
$18,209
Annual Tax
2024
$961,700
2025
$894,381
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $894,381 $894,381 $894,381 $18,209
2024 $961,700 $961,700 $961,700 $19,579

About 3131 NE 7 AVE 404, Miami, FL 33137

3131 NE 7 AVE 404, Miami, FL 33137 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2018 with 1,526 square feet of living space. The property is currently owned by MERRITT NORTH 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 2022-02-09 for $1,139,900. There are 3 recorded sales for this property. The 2025 assessed value is $894,381 with a market value of $894,381.

The assessed value decreased 7% from $961,700 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 $725,975 recorded against this property. 3131 NE 7 AVE 404, 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 78% of the most recent sale price. Based on the most recent sale, this property traded at $747 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MERRITT NORTH LLC
4855 W HILLSBORO BLVD B3, COCONUT CREEK, FL, 33073
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,766 — $9,743
Flood $400 — $800
Property/Wind $5,366 — $8,943

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 4.25% rate
$787,500
~$725,975 bal.
BRADESCO BAC FLORIDA BANK · 2022-02-09
Est. Total Balance $725,975
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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