98 NW 47 AVE, Miami, FL 33126

Parcel: 0141060360430 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3901

Assessed Value (2025)
$578,000

Property Details

Beds
5
Baths
5
Living Sqft
1,818
Year Built
1953
Lot Sqft
5,000
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$220,000
2009-02-20
RAMON PENA HERNANDEZAMADO SALVADOR
2
$619,000+181%
2021-02-02
AMADO SALVADORISLA VERDE 2 CORP
3
$690,000+11%
2022-04-28
ISLA VERDE 2 CORPDRE CAPITAL LLC
4
$690,000
2022-05-04

Tax Assessment History

$578,000
Assessed (2025)
$578,000
Market Value
$578,000
Taxable Value
$11,768
Annual Tax
2024
$600,346
2025
$578,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $578,000 $578,000 $578,000 $11,768
2024 $600,346 $600,346 $600,346 $12,223

About 98 NW 47 AVE, Miami, FL 33126

98 NW 47 AVE, Miami, FL 33126 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1953 with 1,818 square feet of living space on a 5,000 square foot lot. The property is currently owned by DRE CAPITAL 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 2022-05-04 for $690,000. There are 4 recorded sales for this property. The 2025 assessed value is $578,000 with a market value of $578,000.

This breaks down to $375,000 for the land and $203,000 for the building. The assessed value decreased 4% from $600,346 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. There are active mortgage liens totaling $550,000 recorded against this property. 98 NW 47 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 2009 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price.

Based on the most recent sale, this property traded at $380 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

DRE CAPITAL LLC
95 MERRICK WAY 300, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$7,336 — $13,516
Flood $400 — $800
Property/Wind $6,936 — $12,716

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 →

Mortgages

ACTIVE
$550,000
IV HOLDINGS GROUP LLC · 2025-05-15
1 satisfied mortgage
SATISFIED 2022-09-26
$517,500
PROFESSIONAL BANK
Est. Total Balance $550,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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