1861 NW 3 ST, Miami, FL 33125

1861 NW 3 ST, Miami, FL 33125 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1925 with 1,935 square feet of living space on a 6,050 square foot lot. The property is currently owned by CHOY DEVELOPMENT 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 2015-06-08 for $155,000, when CURRENT OWNER sold to CHOY DEVELOPMENT LLC. The 2025 assessed value is $329,502 with a market value of $485,571. This breaks down to $314,600 for the land and $170,971 for the building.

The assessed value increased 10% from $299,548 in 2024. The median household income in this area is $43,020, and the median home value is $538,200. The population density is 21,412 people per square mile.

1861 NW 3 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 2006 to 2015, with 2 recorded transactions in the public record.

The current assessed value represents 213% 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 $80 per square foot — a key metric for comparing value across Miami's real estate market..