140 NE 1 AVE 140, Miami, FL 33132

Parcel: 0141370560010 · Office Building - Multistory · Condominium - Commercial · Zoning: 6401

Assessed Value (2025)
$169,282

Property Details

Living Sqft
1,036
Year Built
1925
OFFICE BUILDING - MULTISTORY : CONDOMINIUM - COMMERCIAL

Sales History

1
$950,000
2012-01-20
SUNTRUST BANKLAN S WANG
2
$100non-market transfer
2016-01-25
LAN S WANGSHUN FA USA LLC
3
$2,750,000
2024-02-02
SHUN FA USA LLC140 NE 1ST AVENUE REALTY LLC

Tax Assessment History

$169,282
Assessed (2025)
$169,282
Market Value
$169,282
Taxable Value
$3,446
Annual Tax
2024
$137,891
$222,740
2025
$169,282
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $169,282 $169,282 $169,282 $3,446
2024 $137,891 $222,740 $137,891 $2,807

About 140 NE 1 AVE 140, Miami, FL 33132

140 NE 1 AVE 140, Miami, FL 33132 is a office building - multistory : condominium - commercial built in 1925 with 1,036 square feet of living space. The property is currently owned by 140 NE 1ST AVENUE REALTY LLC C/O MANA MIAMI MANAGEMENT LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-02-02 for $2,750,000, when SHUN FA USA LLC sold to 140 NE 1ST AVENUE REALTY LLC. The property has appreciated $2,749,900 (2749900%) since the prior sale of $100 on 2016-01-25. There are 3 recorded sales for this property.

The 2025 assessed value is $169,282 with a market value of $169,282. The assessed value increased 23% from $137,891 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 $61,311, and the median home value is $364,000. The population density is 13,567 people per square mile.

140 NE 1 AVE 140, Miami, FL 33132 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 2012 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 6% 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 $2654 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

140 NE 1ST AVENUE REALTY LLC C/O MANA MIAMI MANAGEMENT LLC
19 W FLAGLER ST 310, MIAMI, FL, 33130
Since: 2026-04-19
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,431 — $4,524
Flood $400 — $800
Property/Wind $2,031 — $3,724

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$61,311
Median Home Value$364,000
Pop. Density13,567/sq mi

Neighborhood 33132

21.2%
Owner-Occ
78.8%
Investor
432
Flips (4yr)
11,877
New Biz (3yr)
Distress Risk
HIGH
68
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