23 NE 41 ST, Miami, FL 33137

Parcel: 0131240241290 · ENCLOSED RECEATIONAL ARENA : ENTERTAINMENT · Zoning: 4801

Assessed Value (2025)
$12,601,199

Property Details

Living Sqft
30,765
Year Built
2009
Lot Sqft
15,750
ENCLOSED RECEATIONAL ARENA : ENTERTAINMENT

Sales History

1
N/Anon-market transfer
1982-02-04
OSWALD LEEPAULA YOUNG
2
$426,000
2004-06-01
PAULA YOUNG41-43 NW 41 STREET LLC
3
$24,550,000+5663%
2024-10-11
41ST STREET ART SPACE LLCINSTITUTE OF CONTEMPORARY

Tax Assessment History

$12,601,199
Assessed (2025)
$12,601,199
Market Value
$0
Taxable Value
2024
$7,018,000
$9,025,000
2025
$12,601,199
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $12,601,199 $12,601,199 $0
2024 $7,018,000 $9,025,000 $7,018,000 $142,881

About 23 NE 41 ST, Miami, FL 33137

23 NE 41 ST, Miami, FL 33137 is a enclosed receational arena : entertainment built in 2009 with 30,765 square feet of living space on a 15,750 square foot lot. The property is currently owned by INSTITUTE OF CONTEMPORARY, 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 2024-10-11 for $24,550,000, when 41ST STREET ART SPACE LLC sold to INSTITUTE OF CONTEMPORARY. The property has appreciated $24,124,000 (5663%) since the prior sale of $426,000 on 2004-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $12,601,199 with a market value of $12,601,199. This breaks down to $9,056,250 for the land and $3,544,949 for the building. The assessed value increased 80% from $7,018,000 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 $67,271, and the median home value is $618,500.

The population density is 8,215 people per square mile. 23 NE 41 ST, Miami, FL 33137 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 1982 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 51% 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 $798 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

INSTITUTE OF CONTEMPORARY
61 NE 41 ST, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$76,007 — $126,811
Flood $400 — $800
Property/Wind $75,607 — $126,011

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$67,271
Median Home Value$618,500
Pop. Density8,215/sq mi

Neighborhood 33137

44.6%
Corp-Owned
71.2%
Investor
430
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
Zoom in to see property sales