1039 NW 1 CT, Miami, FL 33136

1039 NW 1 CT, Miami, FL 33136 is a 16-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1950 with 5,720 square feet of living space on a 5,750 square foot lot. The property is currently owned by LUCERNE APARTMENTS 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 2019-08-15 for $4,949,600, when OVERTOWN DEVELOPMENT GROUP LTD sold to LUCERNE APARTMENTS LLC. There are 3 recorded sales for this property. The 2025 assessed value is $416,603 with a market value of $420,000.

This breaks down to $287,500 for the land and $132,500 for the building. The assessed value increased 10% from $378,730 in 2024. The median household income in this area is $39,210, and the median home value is $-666,666,666.

The population density is 10,347 people per square mile. 1039 NW 1 CT, Miami, FL 33136 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1992 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 8% 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 $865 per square foot — a key metric for comparing value across Miami's real estate market..