501 NE 31 ST 704, Miami, FL 33137
Parcel: 0132300961160 · Residential · Condominium - Residential · Zoning: 4604
Assessed Value (2025)
$354,454
Property Details
Beds
1
Baths
1.5
Living Sqft
610
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$401,900
2018-07-26
PRH PARAISO FOUR LLC → ALAVA CORPORATION
2
$435,000+8%
2022-12-19
ALAVA CORPORATION → WANDA NITISS
3
$435,000
2022-12-29
Tax Assessment History
$354,454
Assessed (2025)
$354,454
Market Value
$354,454
Taxable Value
$7,216
Annual Tax
2024
$389,510
2025
$354,454
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $354,454 | $354,454 | $354,454 | $7,216 | $0 | $0 |
| 2024 | $389,510 | $389,510 | $389,510 | $7,930 | $0 | $0 |
About 501 NE 31 ST 704, Miami, FL 33137
501 NE 31 ST 704, Miami, FL 33137 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 2018 with 610 square feet of living space. The property is currently owned by WANDA NITISS, 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 2022-12-29 for $435,000. There are 3 recorded sales for this property. The 2025 assessed value is $354,454 with a market value of $354,454.
The assessed value decreased 9% from $389,510 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.
501 NE 31 ST 704, 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 81% of the most recent sale price. Based on the most recent sale, this property traded at $713 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
WANDA NITISS
501 NE 31 ST UNIT 704, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$2,526 — $4,344
Flood $400 — $800
Property/Wind $2,126 — $3,544
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
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