585 NW 123 ST, North Miami, FL 33168
Parcel: 0621250181610 · Residential - Single Family · 1 Unit · Zoning: 0700
Assessed Value (2025)
$596,348
Property Details
Beds
3
Baths
2
Living Sqft
2,253
Year Built
1951
Lot Sqft
13,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$148,400
2002-04-01
2
$390,000+163%
2022-07-21
WERLAND LOUIS → AL TIRAH LLC
3
$390,000
2022-09-07
4
$699,900+79%
2023-03-16
AL TIRAH LLC → SOUVERAIN & MICHEL PROPERTIES LLC
5
$699,900
2023-03-23
Tax Assessment History
$596,348
Assessed (2025)
$596,348
Market Value
$596,348
Taxable Value
$12,141
Annual Tax
2024
$596,481
2025
$596,348
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $596,348 | $596,348 | $596,348 | $12,141 | $405,000 | $191,348 |
| 2024 | $596,481 | $596,481 | $596,481 | $12,144 | $405,108 | $191,373 |
About 585 NW 123 ST, North Miami, FL 33168
585 NW 123 ST, North Miami, FL 33168 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1951 with 2,253 square feet of living space on a 13,500 square foot lot. The property is currently owned by SOUVERAIN & MICHEL PROPERTIES LLC, 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 2023-03-23 for $699,900. There are 5 recorded sales for this property. The 2025 assessed value is $596,348 with a market value of $596,348.
This breaks down to $405,000 for the land and $191,348 for the building. The assessed value decreased 0% from $596,481 in 2024. The median household income in this area is $46,415, and the median home value is $342,200.
The population density is 6,388 people per square mile. There are active mortgage liens totaling $490,872 recorded against this property. 585 NW 123 ST, North Miami, FL 33168 is located in North Miami, Florida.
Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.
Based on the most recent sale, this property traded at $311 per square foot — a key metric for comparing value across North Miami's real estate market..
Current Owner
SOUVERAIN & MICHEL PROPERTIES LLC
16732 NE 6 AVE, NORTH MIAMI BEACH, FL, 33162
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$7,556 — $13,919
Flood $400 — $800
Property/Wind $7,156 — $13,119
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$46,415
Median Home Value$342,200
Pop. Density6,388/sq mi
Neighborhood 33168
71.3%
Owner-Occ
28.7%
Investor
192
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
ELEVATED
43
Mortgages
ACTIVE
$500,000
AMERITRUST MORTGAGE CORP · 2024-09-06
Est. Total Balance $490,872
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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