255 SW 31 AVE, Miami, FL 33135

255 SW 31 AVE, Miami, FL 33135 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,440 square feet of living space on a 7,150 square foot lot. The property is currently owned by REINALDO SANTOS FELIPE ALFONSO MORALES, 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 2022-02-17 for $520,000, when EDUARDO VEGA &W ANA sold to REINALDO SANTOS. The property has appreciated $435,000 (512%) since the prior sale of $85,000 on 1992-04-01. The 2025 assessed value is $580,746 with a market value of $580,746.

This breaks down to $393,250 for the land and $187,496 for the building. The assessed value decreased 7% from $622,236 in 2024. The property has the following tax exemptions: homestead.

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. 255 SW 31 AVE, 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 1992 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 112% of the most recent sale price. Based on the most recent sale, this property traded at $361 per square foot — a key metric for comparing value across Miami's real estate market..