120 SW 31 CT, Miami, FL 33135

Parcel: 0141040340080 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 5700

Assessed Value (2025)
$535,585

Property Details

Beds
5
Baths
3
Living Sqft
2,735
Year Built
1947
Lot Sqft
8,208
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$160,000
2013-09-17
CAJU INVESTMENTS LLCAJGM INVESTMENTS CORP
2
$415,000+159%
2017-11-20
AJGM INVESTMENTS CORPPIERSON TEDESCHI
3
$470,000+13%
2020-12-14
PIERSON TEDESCHIJOSE FERNANDO CIPRIANI

Tax Assessment History

$535,585
Assessed (2025)
$674,572
Market Value
$535,585
Taxable Value
$10,904
Annual Tax
2024
$486,896
$719,278
2025
$535,585
$674,572
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $535,585 $674,572 $535,585 $10,904
2024 $486,896 $719,278 $486,896 $9,913

About 120 SW 31 CT, Miami, FL 33135

120 SW 31 CT, Miami, FL 33135 is a 5-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1947 with 2,735 square feet of living space on a 8,208 square foot lot. The property is currently owned by JOSE FERNANDO CIPRIANI JACOB GRIESBACH, 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 2020-12-14 for $470,000, when PIERSON TEDESCHI sold to JOSE FERNANDO CIPRIANI . The property has appreciated $55,000 (13%) since the prior sale of $415,000 on 2017-11-20. There are 3 recorded sales for this property.

The 2025 assessed value is $535,585 with a market value of $674,572. This breaks down to $451,440 for the land and $223,132 for the building. The assessed value increased 10% from $486,896 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 $50,472, and the median home value is $375,000.

The population density is 16,776 people per square mile. There are active mortgage liens totaling $424,635 recorded against this property. 120 SW 31 CT, 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 2013 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 114% of the most recent sale price.

Based on the most recent sale, this property traded at $172 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOSE FERNANDO CIPRIANI JACOB GRIESBACH
1450 SOUTH MIAMI AVE, COCONUT GROVE, FL, 33130
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,827 — $12,582
Flood $400 — $800
Property/Wind $6,427 — $11,782

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$50,472
Median Home Value$375,000
Pop. Density16,776/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
$454,313
~$424,635 bal.
MY MORTGAGE INC · 2020-12-28
Est. Total Balance $424,635
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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