1203 SW 31 AVE, Miami, FL 33135

1203 SW 31 AVE, Miami, FL 33135 is a 7-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 2002 with 3,239 square feet of living space on a 5,889 square foot lot. The property is currently owned by HOUSING BEARS 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 2022-07-21 for $1,050,000. There are 5 recorded sales for this property. The 2025 assessed value is $710,000 with a market value of $710,000.

This breaks down to $424,008 for the land and $285,992 for the building. The assessed value decreased 5% from $750,195 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $50,917, and the median home value is $474,000. The population density is 15,267 people per square mile.

There are active mortgage liens totaling $752,940 recorded against this property. 1203 SW 31 AVE, Miami, FL 33135 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 2020 to 2022, with 5 recorded transactions in the public record. The current assessed value represents 68% 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 $324 per square foot — a key metric for comparing value across Miami's real estate market..