3840 SW 1 ST, Miami, FL 33134

3840 SW 1 ST, Miami, FL 33134 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,030 square feet of living space on a 7,200 square foot lot. The property is currently owned by MICHAEL A ALVAREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-05-07 for $340,000, when ARMANDO J LOPEZ sold to MICHAEL A ALVAREZ. The property has appreciated $339,900 (339900%) since the prior sale of $100 on 2012-05-30. There are 3 recorded sales for this property.

The 2025 assessed value is $477,932 with a market value of $477,932. This breaks down to $374,400 for the land and $103,532 for the building. The assessed value increased 1% from $472,258 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $49,782, and the median home value is $517,100. The population density is 8,831 people per square mile.

There are active mortgage liens totaling $255,829 recorded against this property. 3840 SW 1 ST, Miami, FL 33134 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 2001 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 141% 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 $330 per square foot — a key metric for comparing value across Miami's real estate market..