156 NE 78 ST, Miami, FL 33138

Parcel: 0131120100150 · Multifamily 2-9 Units · 2 Living Units · Zoning: 4600

Assessed Value (2025)
$286,543

Property Details

Beds
4
Baths
2
Living Sqft
1,991
Year Built
1936
Lot Sqft
7,550
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2002-10-01
2
$16,200
2012-10-24
RAY A CHASSERWELLS FARGO BANK N A TRS
3
$38,000+135%
2013-03-25
WELLS FARGO BANK N A TRSVULTURE PROPERTY INVESTMENT

Tax Assessment History

$286,543
Assessed (2025)
$475,489
Market Value
$286,543
Taxable Value
$5,834
Annual Tax
2024
$260,494
$525,451
2025
$286,543
$475,489
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $286,543 $475,489 $286,543 $5,834
2024 $260,494 $525,451 $260,494 $5,303

About 156 NE 78 ST, Miami, FL 33138

156 NE 78 ST, Miami, FL 33138 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1936 with 1,991 square feet of living space on a 7,550 square foot lot. The property is currently owned by VULTURE PROPERTY INVESTMENT, 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 2013-03-25 for $38,000, when WELLS FARGO BANK N A TRS sold to VULTURE PROPERTY INVESTMENT. The property has appreciated $21,800 (135%) since the prior sale of $16,200 on 2012-10-24. There are 3 recorded sales for this property.

The 2025 assessed value is $286,543 with a market value of $475,489. This breaks down to $347,300 for the land and $128,189 for the building. The assessed value increased 10% from $260,494 in 2024.

The median household income in this area is $38,439, and the median home value is $459,400. The population density is 10,797 people per square mile. 156 NE 78 ST, Miami, FL 33138 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 754% 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 $19 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

VULTURE PROPERTY INVESTMENT
18101 COLLINS AVE 4306, SUNNY ISLES BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,838 — $7,103
Flood $400 — $800
Property/Wind $3,438 — $6,303

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$38,439
Median Home Value$459,400
Pop. Density10,797/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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