480 NE 31 ST 704, Miami, FL 33137
Parcel: 0132301081240 · Residential · Condominium - Residential · Zoning: 4604
Assessed Value (2025)
$712,656
Property Details
Beds
2
Baths
3
Living Sqft
1,186
Year Built
2019
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$877,900
2019-02-25
PRH PARAISO TWO LLC → MARCO TULIO NINO MERCHAN
2
$100non-market transfer
2026-04-06
MARCO TULIO NINO MERCHAN → INVERSIONES MARQUIPAT LLC
Tax Assessment History
$712,656
Assessed (2025)
$712,656
Market Value
$712,656
Taxable Value
$14,509
Annual Tax
2024
$727,200
2025
$712,656
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $712,656 | $712,656 | $712,656 | $14,509 | $0 | $0 |
| 2024 | $727,200 | $727,200 | $727,200 | $14,805 | $0 | $0 |
About 480 NE 31 ST 704, Miami, FL 33137
480 NE 31 ST 704, Miami, FL 33137 is a 2-bedroom, 3-bathroom residential - total value : condominium - residential built in 2019 with 1,186 square feet of living space. The property is currently owned by INVERSIONES MARQUIPAT LLC, recorded as of 2026-06-14. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2026-04-06 for $100, when MARCO TULIO NINO MERCHAN sold to INVERSIONES MARQUIPAT LLC. The property sold for $877,800 less than the prior sale of $877,900 on 2019-02-25. The 2025 assessed value is $712,656 with a market value of $712,656.
The assessed value decreased 2% from $727,200 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.
480 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 2019 to 2026, with 2 recorded transactions in the public record..
Current Owner
INVERSIONES MARQUIPAT LLC
480 NE 31 ST #704, MIAMI, FL, 33137
Since: 2026-06-14
View owner profile →
Est. Annual Insurance
$4,675 — $7,926
Flood $400 — $800
Property/Wind $4,275 — $7,126
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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