1318 NW 2 ST, Miami, FL 33125

Parcel: 0141020059090 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 6107

Assessed Value (2025)
$847,674

Property Details

Beds
12
Baths
12
Living Sqft
6,218
Year Built
1974
Lot Sqft
7,000
Stories
3
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$220,000
2000-02-01
2
$280,000+27%
2002-06-01
3
$300,000+7%
2010-07-15
TONY FORTE &W EVETTEV & V INVESTMENTS LLC

Tax Assessment History

$847,674
Assessed (2025)
$1,200,000
Market Value
$847,674
Taxable Value
$17,258
Annual Tax
2024
$770,613
$1,123,810
2025
$847,674
$1,200,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $847,674 $1,200,000 $847,674 $17,258
2024 $770,613 $1,123,810 $770,613 $15,689

About 1318 NW 2 ST, Miami, FL 33125

1318 NW 2 ST, Miami, FL 33125 is a 12-bedroom, 12-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1974 with 6,218 square feet of living space on a 7,000 square foot lot. The property is currently owned by V & V INVESTMENTS 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 2010-07-15 for $300,000, when TONY FORTE &W EVETTE sold to V & V INVESTMENTS LLC. The property has appreciated $20,000 (7%) since the prior sale of $280,000 on 2002-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $847,674 with a market value of $1,200,000. This breaks down to $700,000 for the land and $500,000 for the building. The assessed value increased 10% from $770,613 in 2024.

The median household income in this area is $40,479, and the median home value is $295,400. The population density is 23,521 people per square mile. 1318 NW 2 ST, Miami, FL 33125 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 2000 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 283% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $48 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

V & V INVESTMENTS LLC
8782-A SW 8 ST, MIAMI, FL, 33174
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: VASALLO MARIBEL
View on Sunbiz →

Est. Annual Insurance

$8,876 — $16,058
Flood $400 — $800
Property/Wind $8,476 — $15,258

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$40,479
Median Home Value$295,400
Pop. Density23,521/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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