1240 NE 136 TER, North Miami, FL 33161

Parcel: 0622200110090 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3700

Assessed Value (2025)
$205,615

Property Details

Beds
4
Baths
2
Living Sqft
2,066
Year Built
1957
Lot Sqft
6,600
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$89,900
1988-05-01
2
$95,000+6%
1994-06-01

Tax Assessment History

$205,615
Assessed (2025)
$382,675
Market Value
$205,615
Taxable Value
$4,186
Annual Tax
2024
$186,923
$382,696
2025
$205,615
$382,675
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $205,615 $382,675 $205,615 $4,186
2024 $186,923 $382,696 $186,923 $3,806

About 1240 NE 136 TER, North Miami, FL 33161

1240 NE 136 TER, North Miami, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1957 with 2,066 square feet of living space on a 6,600 square foot lot. The property is currently owned by MARIE FAUVETTE JEAN (EST OF) & JACCIN SEPTIMUS, 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 1994-06-01 for $95,000. The property has appreciated $5,100 (6%) since the prior sale of $89,900 on 1988-05-01. The 2025 assessed value is $205,615 with a market value of $382,675.

This breaks down to $264,000 for the land and $118,675 for the building. The assessed value increased 10% from $186,923 in 2024. The median household income in this area is $42,215, and the median home value is $222,400.

The population density is 10,931 people per square mile. 1240 NE 136 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 1988 to 1994, with 2 recorded transactions in the public record. The current assessed value represents 216% 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 $46 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

MARIE FAUVETTE JEAN (EST OF) & JACCIN SEPTIMUS
1240 NE 136 TERR, NO MIAMI, FL, 33161-3419
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,867 — $5,323
Flood $400 — $800
Property/Wind $2,467 — $4,523

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$42,215
Median Home Value$222,400
Pop. Density10,931/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 →
Zoom in to see property sales