2220 SW 31 AVE, Miami, FL 33145

2220 SW 31 AVE, Miami, FL 33145 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,818 square feet of living space on a 7,600 square foot lot. The property is currently owned by DIVERSIFIED EQUITIES FLORIDA 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 2017-08-16 for $390,000, when JORGE L ROMANACH sold to DIVERSIFIED EQUITIES FLORIDA LLC. The property has appreciated $389,900 (389900%) since the prior sale of $100 on 2014-02-17. There are 3 recorded sales for this property.

The 2025 assessed value is $568,667 with a market value of $697,912. This breaks down to $646,000 for the land and $51,912 for the building. The assessed value increased 10% from $516,970 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 $59,668, and the median home value is $368,400.

The population density is 18,571 people per square mile. There are active mortgage liens totaling $646,067 recorded against this property. 2220 SW 31 AVE, Miami, FL 33145 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 1996 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 146% 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 $215 per square foot — a key metric for comparing value across Miami's real estate market..