1980 NE 124 ST, North Miami, FL 33181

Parcel: 0622280040310 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$4,349,215

Property Details

Beds
7
Baths
8
Living Sqft
5,321
Year Built
2024
Lot Sqft
11,250
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$860,000
2020-11-23
MARIA SCAROLAJOSE ENRIQUE HERNANDEZ
2
$1,600,000+86%
2022-08-04
JOSE ENRIQUE HERNANDEZELR DEVELOPMENT LLC
3
$1,600,000
2022-08-08
4
$5,500,000+244%
2024-06-19
ELR DEVELOPMENT LLCMUNEEB SHAH
5
$5,500,000
2024-07-01

Tax Assessment History

$4,349,215
Assessed (2025)
$4,349,215
Market Value
$4,298,493
Taxable Value
$87,514
Annual Tax
2024
$1,462,624
2025
$4,349,215
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,349,215 $4,349,215 $4,298,493 $87,514
2024 $1,462,624 $1,462,624 $1,462,624 $29,778

About 1980 NE 124 ST, North Miami, FL 33181

1980 NE 124 ST, North Miami, FL 33181 is a 7-bedroom, 8-bathroom residential - single family : 1 unit built in 2024 with 5,321 square feet of living space on a 11,250 square foot lot. The property is currently owned by MUNEEB SHAH REHAN FEROZ, 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 2024-07-01 for $5,500,000. There are 5 recorded sales for this property. The 2025 assessed value is $4,349,215 with a market value of $4,349,215.

This breaks down to $1,462,500 for the land and $2,886,715 for the building. The assessed value increased 197% from $1,462,624 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 $3,903,195 recorded against this property.

1980 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 2020 to 2024, with 5 recorded transactions in the public record.

The current assessed value represents 79% of the most recent sale price. Based on the most recent sale, this property traded at $1034 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

MUNEEB SHAH REHAN FEROZ
1980 NE 124 ST, NORTH MIAMI, FL, 33181
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$26,495 — $44,292
Flood $400 — $800
Property/Wind $26,095 — $43,492

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 6% rate
$4,000,000
~$3,903,195 bal.
FIRST CITIZENS BANK & TRUST CO · 2024-07-01
1 satisfied mortgage
SATISFIED 2020-12-15
$510,400
UNION MORTGAGE INVESTMENT GROUP CORP
Est. Total Balance $3,903,195
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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