1255 NE 136 TER, North Miami, FL 33161

Parcel: 0622200220030 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3700

Assessed Value (2025)
$364,945

Property Details

Beds
5
Baths
5
Living Sqft
2,940
Year Built
1955
Lot Sqft
9,900
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$95,000
1985-07-01
2
$112,000+18%
1992-10-01
3
$190,000+70%
2003-12-01

Tax Assessment History

$364,945
Assessed (2025)
$632,087
Market Value
$364,945
Taxable Value
$7,430
Annual Tax
2024
$331,769
$632,087
2025
$364,945
$632,087
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $364,945 $632,087 $364,945 $7,430
2024 $331,769 $632,087 $331,769 $6,755

About 1255 NE 136 TER, North Miami, FL 33161

1255 NE 136 TER, North Miami, FL 33161 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1955 with 2,940 square feet of living space on a 9,900 square foot lot. The property is currently owned by TOMY MATTAM &W MARIAMMA MATTAM, 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 2003-12-01 for $190,000. The property has appreciated $78,000 (70%) since the prior sale of $112,000 on 1992-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $364,945 with a market value of $632,087. This breaks down to $396,000 for the land and $236,087 for the building. The assessed value increased 10% from $331,769 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. 1255 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 1985 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 192% 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 $65 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

TOMY MATTAM &W MARIAMMA MATTAM
521 RANCH RD, WESTON, FL, 33326
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,779 — $8,828
Flood $400 — $800
Property/Wind $4,379 — $8,028

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 →
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