640 NE 15 ST, Miami-Dade County, FL 33030

640 NE 15 ST, Miami-Dade County, FL 33030 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1954 with 1,084 square feet of living space on a 9,825 square foot lot. The property is currently owned by MHR GROUP LLC TRS LAND TRUST 91916, 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 2018-08-16 for $130,000, when RAFAELA CISNEROS sold to MHR GROUP LLC TRS. The property has appreciated $36,000 (38%) since the prior sale of $94,000 on 2002-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $249,740 with a market value of $314,431. This breaks down to $199,238 for the land and $115,193 for the building. The assessed value increased 10% from $227,554 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 $32,204, and the median home value is $402,400.

The population density is 6,392 people per square mile. The complete ownership history of this property spans from 1994 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 192% 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 $120 per square foot — a key metric for comparing value across the area's real estate market..