400 NE 137 ST, North Miami, FL 33161

Parcel: 0622190001581 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 3700

Assessed Value (2025)
$7,121,675

Property Details

Beds
88
Baths
59
Living Sqft
57,562
Year Built
1971
Lot Sqft
55,102
Stories
4
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$725,000
2011-04-08
CRE PROPERTIES INCTCRG NORTH MIAMI APARTMENTS LLC
2
$3,439,900+374%
2013-05-30
TCRG NORTH MIAMI APARTMENTS LLCECONO MALLS LTD PARTNERSHIP NO 17
3
$4,676,000+36%
2016-08-30
ECONO MALLS LTD PARTNERSHIP NO 17400 NE 137TH ST PRESTIGE VISTA

Tax Assessment History

$7,121,675
Assessed (2025)
$9,100,000
Market Value
$7,121,675
Taxable Value
$144,992
Annual Tax
2024
$6,474,250
$9,120,000
2025
$7,121,675
$9,100,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $7,121,675 $9,100,000 $7,121,675 $144,992
2024 $6,474,250 $9,120,000 $6,474,250 $131,811

About 400 NE 137 ST, North Miami, FL 33161

400 NE 137 ST, North Miami, FL 33161 is a 88-bedroom, 59-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1971 with 57,562 square feet of living space on a 55,102 square foot lot. The property is currently owned by 400 NE 137TH ST PRESTIGE VISTA C/O PRESTIGE ESTATES PROP MGMT, 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 2016-08-30 for $4,676,000, when ECONO MALLS LTD PARTNERSHIP NO 17 sold to 400 NE 137TH ST PRESTIGE VISTA. The property has appreciated $1,236,100 (36%) since the prior sale of $3,439,900 on 2013-05-30. There are 3 recorded sales for this property.

The 2025 assessed value is $7,121,675 with a market value of $9,100,000. This breaks down to $1,653,060 for the land and $7,446,940 for the building. The assessed value increased 10% from $6,474,250 in 2024.

The median household income in this area is $52,044, and the median home value is $168,300. The population density is 24,787 people per square mile. There are active mortgage liens totaling $3,836,000 recorded against this property.

400 NE 137 ST, 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 2011 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 152% 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 $81 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

400 NE 137TH ST PRESTIGE VISTA C/O PRESTIGE ESTATES PROP MGMT
14050 NE 6 AVE 100, N MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$71,616 — $128,990
Flood $400 — $800
Property/Wind $71,216 — $128,190

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$52,044
Median Home Value$168,300
Pop. Density24,787/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
$3,836,000
ARBOR COMMERCIAL FUNDING I LLC · 2023-04-27
Est. Total Balance $3,836,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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