1960 NE 124 ST, North Miami, FL 33181

Parcel: 0622280040290 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$982,769

Property Details

Beds
5
Baths
3
Living Sqft
2,531
Year Built
1953
Lot Sqft
11,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2016-10-24
BIENVENUE DADE INC BIENVENUE DADE INC
2
$1,150,000
2018-11-09
BIENVENUE DADE INCMICHAEL L PALMA
3
$2,280,000+98%
2025-04-04
MICHAEL L PALMACI CORPORATION
4
$2,280,000
2025-04-14

Tax Assessment History

$982,769
Assessed (2025)
$1,971,682
Market Value
$932,047
Taxable Value
$18,976
Annual Tax
2024
$955,072
$1,977,750
2025
$982,769
$1,971,682
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $982,769 $1,971,682 $932,047 $18,976
2024 $955,072 $1,977,750 $905,072 $18,427

About 1960 NE 124 ST, North Miami, FL 33181

1960 NE 124 ST, North Miami, FL 33181 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1953 with 2,531 square feet of living space on a 11,250 square foot lot. The property is currently owned by CI CORPORATION, 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 2025-04-14 for $2,280,000. There are 4 recorded sales for this property. The 2025 assessed value is $982,769 with a market value of $1,971,682.

This breaks down to $1,462,500 for the land and $509,182 for the building. The assessed value increased 3% from $955,072 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $73,667, and the median home value is $254,400. The population density is 6,933 people per square mile. There are active mortgage liens totaling $300,000 recorded against this property.

1960 NE 124 ST, North Miami, FL 33181 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 2016 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 43% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $901 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

CI CORPORATION
901 PENNSYLVANIA AVE 530, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$12,193 — $22,420
Flood $400 — $800
Property/Wind $11,793 — $21,620

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$73,667
Median Home Value$254,400
Pop. Density6,933/sq mi

Neighborhood 33181

34.4%
Owner-Occ
65.6%
Investor
642
Flips (4yr)
2,684
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$300,000
III SPV LLC · 2021-11-09
Est. Total Balance $300,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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