520 NW 49 ST, Miami, FL 33127

Parcel: 0131240011380 · MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS · Zoning: 0104

Assessed Value (2025)
$778,047

Property Details

Beds
4
Baths
2
Living Sqft
2,230
Year Built
1925
Lot Sqft
10,000
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$35,000
1997-05-01
2
$55,000+57%
2001-04-01
3
$100non-market transfer
2022-03-23
MEGGY BIEN AIME &LOVE & PEACE ALF LLC
4
$1,200,000
2026-03-11
LOVE & PEACE ALF LLCMILAS LP

Tax Assessment History

$778,047
Assessed (2025)
$786,804
Market Value
$778,047
Taxable Value
$15,840
Annual Tax
2024
$707,316
2025
$778,047
$786,804
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $778,047 $786,804 $778,047 $15,840
2024 $707,316 $707,316 $707,316 $14,400

About 520 NW 49 ST, Miami, FL 33127

520 NW 49 ST, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1925 with 2,230 square feet of living space on a 10,000 square foot lot. The property is currently owned by MILAS LP, recorded as of 2026-03-30. 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 LOVE & PEACE ALF LLC sold to MILAS LP. The property has appreciated $1,199,900 (1199900%) since the prior sale of $100 on 2022-03-23. There are 4 recorded sales for this property.

The 2025 assessed value is $778,047 with a market value of $786,804. This breaks down to $645,000 for the land and $141,804 for the building. The assessed value increased 10% from $707,316 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 $49,685, and the median home value is $657,900.

The population density is 8,510 people per square mile. 520 NW 49 ST, Miami, FL 33127 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 1997 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 65% 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 $538 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MILAS LP
8163 NE 2 AVE MO 3, MIAMI, FL, 33138
Since: 2026-03-30
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$9,736 — $17,917
Flood $400 — $800
Property/Wind $9,336 — $17,117

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$49,685
Median Home Value$657,900
Pop. Density8,510/sq mi

Neighborhood 33127

44.2%
Corp-Owned
67.3%
Investor
411
Flips (4yr)
5
New Biz (3yr)
Distress Risk
ELEVATED
48
View full risk analysis →
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