2974 SW 3 ST, Miami, FL 33135

2974 SW 3 ST, Miami, FL 33135 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1958 with 3,252 square feet of living space on a 9,300 square foot lot. The property is currently owned by MICHAEL A MILANES IVONNE ANDREA CARDENAS, 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 2010-09-03 for $235,000, when MICHAEL A MILANES sold to MICHAEL A MILANES. There are 3 recorded sales for this property. The 2025 assessed value is $642,166 with a market value of $821,941.

This breaks down to $483,600 for the land and $338,341 for the building. The assessed value increased 10% from $583,788 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 $65,872, and the median home value is $399,500. The population density is 11,926 people per square mile.

2974 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 2006 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 273% 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 $72 per square foot — a key metric for comparing value across Miami's real estate market..