221 SW 31 CT, Miami, FL 33135

Parcel: 0141040340260 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$556,972

Property Details

Beds
4
Baths
2
Living Sqft
1,706
Year Built
1948
Lot Sqft
9,288
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$185,000
2004-07-01
2
N/Anon-market transfer
2012-04-04
MARIA B ROURAMIGUEL F ROURA
3
$330,000
2018-09-14
MIGUEL F ROURADAMER SERRANIA

Tax Assessment History

$556,972
Assessed (2025)
$651,716
Market Value
$556,972
Taxable Value
$11,340
Annual Tax
2024
$506,339
$706,737
2025
$556,972
$651,716
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $556,972 $651,716 $556,972 $11,340
2024 $506,339 $706,737 $506,339 $10,309

About 221 SW 31 CT, Miami, FL 33135

221 SW 31 CT, Miami, FL 33135 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,706 square feet of living space on a 9,288 square foot lot. The property is currently owned by DAMER SERRANIA, 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 2018-09-14 for $330,000, when MIGUEL F ROURA sold to DAMER SERRANIA. There are 3 recorded sales for this property. The 2025 assessed value is $556,972 with a market value of $651,716.

This breaks down to $510,840 for the land and $140,876 for the building. The assessed value increased 10% from $506,339 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.

221 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 2004 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 169% 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 $193 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

DAMER SERRANIA
3795 SW 108 AVE, MIAMI, FL, 33165
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,083 — $13,053
Flood $400 — $800
Property/Wind $6,683 — $12,253

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 →
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