8940 NE 2 AVE, El Portal, FL 33138

Parcel: 1831010190290 · Multifamily 2-9 Units · 2 Living Units · Zoning: 4800

Assessed Value (2025)
$528,906

Property Details

Beds
6
Baths
4
Living Sqft
2,204
Year Built
1955
Lot Sqft
7,290
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$53,000
1984-12-01
2
$180,100+240%
2014-01-14
LANGSTON O LONGLEY &W LULA MFNS6 L LLC
3
$100non-market transfer
2014-07-10
FNS6 L LLCTJE15 LLC
4
$1,200,000
2026-03-11
TJE15 LLCTOL REAL ESTATE LLC

Tax Assessment History

$528,906
Assessed (2025)
$566,605
Market Value
$528,906
Taxable Value
$10,768
Annual Tax
2024
$480,824
$603,055
2025
$528,906
$566,605
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $528,906 $566,605 $528,906 $10,768
2024 $480,824 $603,055 $480,824 $9,789

About 8940 NE 2 AVE, El Portal, FL 33138

8940 NE 2 AVE, El Portal, FL 33138 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1955 with 2,204 square feet of living space on a 7,290 square foot lot. The property is currently owned by TOL REAL ESTATE LLC, recorded as of 2026-04-07. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-11 for $1,200,000, when TJE15 LLC sold to TOL REAL ESTATE LLC. The property has appreciated $1,199,900 (1199900%) since the prior sale of $100 on 2014-07-10. There are 4 recorded sales for this property.

The 2025 assessed value is $528,906 with a market value of $566,605. This breaks down to $473,850 for the land and $92,755 for the building. The assessed value increased 10% from $480,824 in 2024.

The median household income in this area is $165,239, and the median home value is $808,000. The population density is 4,847 people per square mile. 8940 NE 2 AVE, El Portal, FL 33138 is located in El Portal, Florida.

Property records, tax assessments, sales history, and ownership information for this El Portal property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1984 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 44% 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 $544 per square foot — a key metric for comparing value across El Portal's real estate market..

Current Owner

TOL REAL ESTATE LLC
1170 KANE CONCOURSE 300, BAY HARBOR ISLANDS, FL, 33154
Since: 2026-04-07
View owner profile →

People Behind This Entity

Registered Agent: VCORP AGENT SERVICES, INC.
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Est. Annual Insurance

$6,746 — $12,435
Flood $400 — $800
Property/Wind $6,346 — $11,635

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$165,239
Median Home Value$808,000
Pop. Density4,847/sq mi

Neighborhood 33138

48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →
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