118 NW 48 AVE 118, Miami, FL 33126

Parcel: 0141061350010 · Residential · Condominium - Residential · Zoning: 5700

Assessed Value (2025)
$262,434

Property Details

Beds
2
Baths
2
Living Sqft
1,004
Year Built
1987
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$150,000
1989-11-01
2
$100non-market transfer
2012-05-04
ARGELIO ALONSOMARIA PONCE
3
$304,000
2019-11-22
MARIA PONCEMANUEL LOPEZ CRUZ

Tax Assessment History

$262,434
Assessed (2025)
$334,880
Market Value
$211,712
Taxable Value
$4,310
Annual Tax
2024
$255,038
$334,880
2025
$262,434
$334,880
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $262,434 $334,880 $211,712 $4,310
2024 $255,038 $334,880 $205,038 $4,174

About 118 NW 48 AVE 118, Miami, FL 33126

118 NW 48 AVE 118, Miami, FL 33126 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1987 with 1,004 square feet of living space. The property is currently owned by MANUEL LOPEZ CRUZ ADIS VAZQUEZ BENITEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-11-22 for $304,000, when MARIA PONCE sold to MANUEL LOPEZ CRUZ . The property has appreciated $303,900 (303900%) since the prior sale of $100 on 2012-05-04. There are 3 recorded sales for this property.

The 2025 assessed value is $262,434 with a market value of $334,880. The assessed value increased 3% from $255,038 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. 118 NW 48 AVE 118, 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 1989 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price.

Based on the most recent sale, this property traded at $303 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MANUEL LOPEZ CRUZ ADIS VAZQUEZ BENITEZ
118 NW 48 AVE 118, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,024 — $5,523
Flood $400 — $800
Property/Wind $2,624 — $4,723

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 →
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