351 NW 42 AVE 502, Miami, FL 33126

Parcel: 0141050920260 · Office Building - Multistory · Condominium - Commercial · Zoning: 3901

Assessed Value (2025)
$348,748

Property Details

Living Sqft
1,588
Year Built
1987
OFFICE BUILDING - MULTISTORY : CONDOMINIUM - COMMERCIAL

Sales History

1
$922,000
2006-09-15
LE JEUNE EXECUTIVE BLDGLATIN MEDICAL ASSOCIATES LLC
2
$530,000-43%
2007-10-05
LATIN MEDICAL ASSOCIATES LLCGREENLIGHT MEDICAL OFFICES LLC

Tax Assessment History

$348,748
Assessed (2025)
$682,840
Market Value
$348,748
Taxable Value
$7,100
Annual Tax
2024
$317,044
$595,500
2025
$348,748
$682,840
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $348,748 $682,840 $348,748 $7,100
2024 $317,044 $595,500 $317,044 $6,455

About 351 NW 42 AVE 502, Miami, FL 33126

351 NW 42 AVE 502, Miami, FL 33126 is a office building - multistory : condominium - commercial built in 1987 with 1,588 square feet of living space. The property is currently owned by GREENLIGHT MEDICAL OFFICES LLC, 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 2007-10-05 for $530,000, when LATIN MEDICAL ASSOCIATES LLC sold to GREENLIGHT MEDICAL OFFICES LLC. The property sold for $392,000 less than the prior sale of $922,000 on 2006-09-15. The 2025 assessed value is $348,748 with a market value of $682,840.

The assessed value increased 10% from $317,044 in 2024. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $58,735, and the median home value is $351,000. The population density is 10,020 people per square mile. 351 NW 42 AVE 502, Miami, FL 33126 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 2006 to 2007, with 2 recorded transactions in the public record. The current assessed value represents 66% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $334 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

GREENLIGHT MEDICAL OFFICES LLC
1415 MESSINA AVE, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$3,887 — $7,077
Flood $400 — $800
Property/Wind $3,487 — $6,277

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$58,735
Median Home Value$351,000
Pop. Density10,020/sq mi

Neighborhood 33126

29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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