2540 SW 11 ST, Miami, FL 33135

Parcel: 0141100550360 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$757,873

Property Details

Beds
6
Baths
4
Living Sqft
2,845
Year Built
1991
Lot Sqft
6,900
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2023-07-09
BARBARA CARIDAD ORTIZ LEBARBARA CARIDAD ORTIZ LE
2
N/A
2023-07-24
3
$995,000
2024-05-22
BARBARA CARIDAD ORTIZ LERECY PALACIO TRS
4
$995,000
2024-05-29
5
$1,200,000+21%
2025-05-22
RECY PALACIO TRSNEW GAME HOLDINGS 3 LLC
6
$1,200,000
2025-06-05

Tax Assessment History

$757,873
Assessed (2025)
$757,873
Market Value
$757,873
Taxable Value
$15,430
Annual Tax
2024
$245,250
$700,155
2025
$757,873
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $757,873 $757,873 $757,873 $15,430
2024 $245,250 $700,155 $145,250 $2,957

About 2540 SW 11 ST, Miami, FL 33135

2540 SW 11 ST, Miami, FL 33135 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1991 with 2,845 square feet of living space on a 6,900 square foot lot. The property is currently owned by NEW GAME HOLDINGS 3 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 2025-06-05 for $1,200,000. There are 6 recorded sales for this property. The 2025 assessed value is $757,873 with a market value of $757,873.

This breaks down to $483,000 for the land and $274,873 for the building. The assessed value increased 209% from $245,250 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 $41,667, and the median home value is $522,100. The population density is 12,943 people per square mile.

There are active mortgage liens totaling $778,609 recorded against this property. 2540 SW 11 ST, 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 2023 to 2025, with 6 recorded transactions in the public record. The current assessed value represents 63% 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 $422 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

NEW GAME HOLDINGS 3 LLC
1133 ALFONSO AVE, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,978 — $14,441
Flood $400 — $800
Property/Wind $7,578 — $13,641

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$41,667
Median Home Value$522,100
Pop. Density12,943/sq mi

Neighborhood 33135

31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$796,000
~$778,609 bal.
JET MORTGAGE · 2024-05-29
Est. Total Balance $778,609
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales