500 SW 31 AVE, Miami, FL 33135

500 SW 31 AVE, Miami, FL 33135 is a 7-bedroom, 5-bathroom multifamily 2-9 units : 2 living units built in 1938 with 2,663 square feet of living space on a 13,750 square foot lot. The property is currently owned by BRIANNA RODRIGUEZ LE REM ERIC RODRIGUEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-11-28 for $650,000. There are 4 recorded sales for this property. The 2025 assessed value is $866,658 with a market value of $866,658.

This breaks down to $607,750 for the land and $258,908 for the building. The assessed value decreased 10% from $961,694 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. There are active mortgage liens totaling $600,000 recorded against this property. 500 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 2013 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 133% 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 $244 per square foot — a key metric for comparing value across Miami's real estate market..