2515 SW 31 AVE, Miami, FL 33133
Parcel: 0141160111590 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$514,211
Property Details
Beds
5
Baths
3
Living Sqft
2,120
Year Built
1971
Lot Sqft
7,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$100non-market transfer
2017-03-03
ASBERTO L ALVERO TR → LUCAS TERRELL PENICK
2
$440,000
2017-03-06
KARINNE ALVERO → LUCAS TERRELL PENICK
3
$100non-market transfer
2021-03-17
LUCAS TERRELL PENICK → LUCAS TERRELL PENICK
Tax Assessment History
$514,211
Assessed (2025)
$758,108
Market Value
$463,489
Taxable Value
$9,436
Annual Tax
2024
$482,463
$647,053
2025
$514,211
$758,108
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $514,211 | $758,108 | $463,489 | $9,436 | $560,000 | $198,108 |
| 2024 | $482,463 | $647,053 | $432,463 | $8,805 | $490,072 | $156,981 |
About 2515 SW 31 AVE, Miami, FL 33133
2515 SW 31 AVE, Miami, FL 33133 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1971 with 2,120 square feet of living space on a 7,000 square foot lot. The property is currently owned by LUCAS TERRELL PENICK JOHN E PENICK, 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 2021-03-17 for $100, when LUCAS TERRELL PENICK sold to LUCAS TERRELL PENICK. The property sold for $439,900 less than the prior sale of $440,000 on 2017-03-06. There are 3 recorded sales for this property.
The 2025 assessed value is $514,211 with a market value of $758,108. This breaks down to $560,000 for the land and $198,108 for the building. The assessed value increased 7% from $482,463 in 2024.
The property has the following tax exemptions: homestead. 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 $218,620 recorded against this property.
2515 SW 31 AVE, Miami, FL 33133 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 2017 to 2021, with 3 recorded transactions in the public record..
Current Owner
LUCAS TERRELL PENICK JOHN E PENICK
2515 SW 31 AVE, MIAMI, FL, 33133
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$5,542 — $10,055
Flood $400 — $800
Property/Wind $5,142 — $9,255
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$59,668
Median Home Value$368,400
Pop. Density18,571/sq mi
Neighborhood 33133
38.8%
Owner-Occ
61.2%
Investor
436
Flips (4yr)
8,811
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$283,000
SIGN ON THE LINE INC · 2021-07-27
Est. Total Balance $218,620
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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