3131 NE 7 AVE 3404, Miami, FL 33137
Parcel: 0132300951580 · Residential · Condominium - Residential · Zoning: 5000
Assessed Value (2025)
$1,170,033
Property Details
Beds
3
Baths
3.5
Living Sqft
1,526
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$1,041,900
2018-08-31
THIRTY FIRST ST PROPERTY → ONE PARAISO 3404 LLC
2
$100non-market transfer
2021-08-30
ONE PARAISO 3404 LLC → T AND W SUNSHINE LLC
3
$1,425,000
2023-09-18
T AND W SUNSHINE LLC → MARCUS A ERNST
4
$1,425,000
2023-09-26
Tax Assessment History
$1,170,033
Assessed (2025)
$1,170,033
Market Value
$1,119,311
Taxable Value
$22,788
Annual Tax
2024
$1,157,452
2025
$1,170,033
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,170,033 | $1,170,033 | $1,119,311 | $22,788 | $0 | $0 |
| 2024 | $1,157,452 | $1,157,452 | $1,107,452 | $22,547 | $0 | $0 |
About 3131 NE 7 AVE 3404, Miami, FL 33137
3131 NE 7 AVE 3404, 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 MARCUS A ERNST, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2023-09-26 for $1,425,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,170,033 with a market value of $1,170,033.
The assessed value increased 1% from $1,157,452 in 2024. The property has the following tax exemptions: homestead. 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 $795,131 recorded against this property. 3131 NE 7 AVE 3404, 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 2023, with 4 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price.
Based on the most recent sale, this property traded at $934 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
MARCUS A ERNST
3131 NE 7 AVE 3404, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$7,420 — $12,500
Flood $400 — $800
Property/Wind $7,020 — $11,700
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
Mortgages
ACTIVE 5.875% rate
$825,000
GROVE BANK & TRUST · 2023-09-26
Est. Total Balance $795,131
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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