1798 SW 3 ST, Miami, FL 33135

Parcel: 0141030141600 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3900

Assessed Value (2025)
$375,009

Property Details

Beds
3
Baths
3
Living Sqft
1,400
Year Built
1928
Lot Sqft
3,700
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$465,000
2022-07-06
REINALDO EDUARDO FERNANDEZFERNANDEZ RENTAL INC
2
$540,000+16%
2022-10-18
FERNANDEZ RENTAL INCELITE PROPERTIES OF SFL LLC
3
$540,000
2022-10-24
4
$645,000+19%
2024-03-06
ELITE PROPERTIES OF SFL LLCREYNALDO RIVERA
5
$645,000
2024-03-11

Tax Assessment History

$375,009
Assessed (2025)
$375,009
Market Value
$375,009
Taxable Value
$7,635
Annual Tax
2024
$324,392
$457,422
2025
$375,009
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $375,009 $375,009 $375,009 $7,635
2024 $324,392 $457,422 $324,392 $6,604

About 1798 SW 3 ST, Miami, FL 33135

1798 SW 3 ST, Miami, FL 33135 is a 3-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1928 with 1,400 square feet of living space on a 3,700 square foot lot. The property is currently owned by REYNALDO RIVERA MARIA RAMOS RIVERA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-03-11 for $645,000. There are 5 recorded sales for this property. The 2025 assessed value is $375,009 with a market value of $375,009.

This breaks down to $277,500 for the land and $97,509 for the building. The assessed value increased 16% from $324,392 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $22,091, and the median home value is $272,300. The population density is 28,061 people per square mile.

There are active mortgage liens totaling $472,267 recorded against this property. 1798 SW 3 ST, Miami, FL 33135 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 2022 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $461 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

REYNALDO RIVERA MARIA RAMOS RIVERA
3309 ALGINET DR, ENCINO, CA, 91436
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,900 — $9,050
Flood $400 — $800
Property/Wind $4,500 — $8,250

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$22,091
Median Home Value$272,300
Pop. Density28,061/sq mi

Neighborhood 33135

31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$483,750
~$472,267 bal.
BRIDGELOCK CAPITAL · 2024-03-11
1 satisfied mortgage
SATISFIED 2022-10-24
$412,000
OCMBC INC
Est. Total Balance $472,267
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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