25 NE 124 TER, North Miami, FL 33161

Parcel: 0621250250320 · Residential - Single Family · 1 Unit · Zoning: 0700

Assessed Value (2025)
$359,534

Property Details

Beds
3
Baths
2
Living Sqft
1,482
Year Built
1957
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$218,700
2018-10-22
ROSITA JESSERFRANCO PARTNERS INC
2
$109,400-50%
2019-02-26
FRANCO PARTNERS INCFRANCO PARTNERS INC
3
$375,000+243%
2019-05-16
FRANCO PARTNERS INCIVAN SUAREZ

Tax Assessment History

$359,534
Assessed (2025)
$467,933
Market Value
$308,812
Taxable Value
$6,287
Annual Tax
2024
$349,402
$470,583
2025
$359,534
$467,933
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $359,534 $467,933 $308,812 $6,287
2024 $349,402 $470,583 $299,402 $6,096

About 25 NE 124 TER, North Miami, FL 33161

25 NE 124 TER, North Miami, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1957 with 1,482 square feet of living space on a 7,500 square foot lot. The property is currently owned by IVAN SUAREZ GINA ABREU SUAREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-05-16 for $375,000, when FRANCO PARTNERS INC sold to IVAN SUAREZ. The property has appreciated $265,600 (243%) since the prior sale of $109,400 on 2019-02-26. There are 3 recorded sales for this property.

The 2025 assessed value is $359,534 with a market value of $467,933. This breaks down to $240,000 for the land and $227,933 for the building. The assessed value increased 3% from $349,402 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $81,250, and the median home value is $384,600. The population density is 6,296 people per square mile.

There are active mortgage liens totaling $351,469 recorded against this property. 25 NE 124 TER, North Miami, FL 33161 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 2018 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $253 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

IVAN SUAREZ GINA ABREU SUAREZ
25 NE 124 TER, NORTH MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,714 — $8,709
Flood $400 — $800
Property/Wind $4,314 — $7,909

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$81,250
Median Home Value$384,600
Pop. Density6,296/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$373,843
~$351,469 bal.
WINTRUST MORTGAGE · 2021-05-07
Est. Total Balance $351,469
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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