1122 NW 3 ST, Miami, FL 33128

Parcel: 0141020051740 · MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS · Zoning: 3900

Assessed Value (2025)
$1,773,244

Property Details

Beds
22
Baths
23
Living Sqft
10,986
Year Built
1925
Lot Sqft
7,500
Stories
3
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$377,000
1993-04-01
2
$410,000+9%
1995-02-01
3
$611,200+49%
2002-12-01

Tax Assessment History

$1,773,244
Assessed (2025)
$3,565,000
Market Value
$1,773,244
Taxable Value
$36,102
Annual Tax
2024
$1,612,040
$3,210,354
2025
$1,773,244
$3,565,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,773,244 $3,565,000 $1,773,244 $36,102
2024 $1,612,040 $3,210,354 $1,612,040 $32,820

About 1122 NW 3 ST, Miami, FL 33128

1122 NW 3 ST, Miami, FL 33128 is a 22-bedroom, 23-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1925 with 10,986 square feet of living space on a 7,500 square foot lot. The property is currently owned by WEBSTER INVESTMENTS 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 2002-12-01 for $611,200. The property has appreciated $201,200 (49%) since the prior sale of $410,000 on 1995-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,773,244 with a market value of $3,565,000. This breaks down to $562,500 for the land and $3,002,500 for the building. The assessed value increased 10% from $1,612,040 in 2024.

The median household income in this area is $37,423, and the median home value is $-666,666,666. The population density is 33,128 people per square mile. 1122 NW 3 ST, Miami, FL 33128 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 1993 to 2002, with 3 recorded transactions in the public record. The current assessed value represents 290% 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 $56 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

WEBSTER INVESTMENTS LLC
1157 SW 5 ST APT 7, MIAMI, FL, 33130-2402
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$21,678 — $39,811
Flood $400 — $800
Property/Wind $21,278 — $39,011

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$37,423
Median Home Value$-666,666,666
Pop. Density33,128/sq mi

Neighborhood 33128

65.9%
Corp-Owned
77.9%
Investor
28
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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