262 NW 48 PL, Miami, FL 33126

Parcel: 0141060220451 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$312,537

Property Details

Beds
6
Baths
3.5
Living Sqft
2,683
Year Built
1970
Lot Sqft
7,200
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$55,000
1974-12-01
2
$58,000+5%
1975-09-01
3
$140,000+141%
1982-08-01

Tax Assessment History

$312,537
Assessed (2025)
$652,285
Market Value
$261,815
Taxable Value
$5,330
Annual Tax
2024
$294,188
$537,175
2025
$312,537
$652,285
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $312,537 $652,285 $261,815 $5,330
2024 $294,188 $537,175 $244,188 $4,971

About 262 NW 48 PL, Miami, FL 33126

262 NW 48 PL, Miami, FL 33126 is a 6-bedroom, 3.5-bathroom multifamily 2-9 units : 2 living units built in 1970 with 2,683 square feet of living space on a 7,200 square foot lot. The property is currently owned by MARIE HERNANDEZ & SEBASTIAN SANTOS, 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 1982-08-01 for $140,000. The property has appreciated $82,000 (141%) since the prior sale of $58,000 on 1975-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $312,537 with a market value of $652,285. This breaks down to $381,600 for the land and $270,685 for the building. The assessed value increased 6% from $294,188 in 2024.

The property has the following tax exemptions: homestead. 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.

262 NW 48 PL, 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 1974 to 1982, with 3 recorded transactions in the public record.

The current assessed value represents 223% 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 $52 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MARIE HERNANDEZ & SEBASTIAN SANTOS
264 NW 48 PL, MIAMI, FL, 33126-5126
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,525 — $6,425
Flood $400 — $800
Property/Wind $3,125 — $5,625

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
View full risk analysis →
Zoom in to see property sales