120 NW 49 AVE, Miami, FL 33126
Parcel: 0141060182620 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$536,453
Property Details
Beds
3
Baths
2
Living Sqft
2,395
Year Built
1949
Lot Sqft
6,900
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$77,000
1992-09-01
2
$100non-market transfer
2012-07-19
L ALEMAN &W ELTA & L F VARGAS → LUIS FELIPE VARGAS
3
$100non-market transfer
2022-07-12
LUIS FELIPE VARGAS → LUIS FELIPE VARGAS
4
N/A
2022-07-12
Tax Assessment History
$536,453
Assessed (2025)
$559,266
Market Value
$536,453
Taxable Value
$10,922
Annual Tax
2024
$487,685
$531,969
2025
$536,453
$559,266
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $536,453 | $559,266 | $536,453 | $10,922 | $365,700 | $193,566 |
| 2024 | $487,685 | $531,969 | $487,685 | $9,929 | $345,117 | $186,852 |
About 120 NW 49 AVE, Miami, FL 33126
120 NW 49 AVE, Miami, FL 33126 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1949 with 2,395 square feet of living space on a 6,900 square foot lot. The property is currently owned by LUIS FELIPE VARGAS FRAYSA VARGAS, 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 2022-07-12 for $100, when LUIS FELIPE VARGAS sold to LUIS FELIPE VARGAS. There are 4 recorded sales for this property. The 2025 assessed value is $536,453 with a market value of $559,266.
This breaks down to $365,700 for the land and $193,566 for the building. The assessed value increased 10% from $487,685 in 2024. The median household income in this area is $51,667, and the median home value is $420,500.
The population density is 18,449 people per square mile. 120 NW 49 AVE, 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 1992 to 2022, with 4 recorded transactions in the public record..
Current Owner
LUIS FELIPE VARGAS FRAYSA VARGAS
131 NW 51 AVE, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$6,837 — $12,601
Flood $400 — $800
Property/Wind $6,437 — $11,801
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$51,667
Median Home Value$420,500
Pop. Density18,449/sq mi
Neighborhood 33126
29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
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