1950 NE 118 RD, North Miami, FL 33181

Parcel: 0622280112950 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$2,596,828

Property Details

Beds
5
Baths
4.5
Living Sqft
4,116
Year Built
1969
Lot Sqft
9,375
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2013-07-17
JORGE L PEREZ &W MARITZA JABRAHAM SMILOWITZ
2
$1,225,000
2013-07-17
JORGE L PEREZ &W MARITZA JABRAHAM SMILOWITZ
3
$3,500,000+186%
2023-10-19
ABRAHAM SMILOWITZJONATHAN ASERRAF

Tax Assessment History

$2,596,828
Assessed (2025)
$3,025,019
Market Value
$2,546,106
Taxable Value
$51,837
Annual Tax
2024
$2,523,643
$2,895,748
2025
$2,596,828
$3,025,019
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,596,828 $3,025,019 $2,546,106 $51,837
2024 $2,523,643 $2,895,748 $2,473,643 $50,361

About 1950 NE 118 RD, North Miami, FL 33181

1950 NE 118 RD, North Miami, FL 33181 is a 5-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1969 with 4,116 square feet of living space on a 9,375 square foot lot. The property is currently owned by JONATHAN ASERRAF SARAH ASERRAF, 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 2023-10-19 for $3,500,000, when ABRAHAM SMILOWITZ sold to JONATHAN ASERRAF. There are 3 recorded sales for this property. The 2025 assessed value is $2,596,828 with a market value of $3,025,019.

This breaks down to $2,062,500 for the land and $962,519 for the building. The assessed value increased 3% from $2,523,643 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $61,925, and the median home value is $340,900. The population density is 12,191 people per square mile. There are active mortgage liens totaling $333,784 recorded against this property.

1950 NE 118 RD, 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 2013 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $850 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

JONATHAN ASERRAF SARAH ASERRAF
1950 NE 118 RD, NORTH MIAMI, FL, 33181
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$31,561 — $57,930
Flood $400 — $800
Property/Wind $31,161 — $57,130

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$61,925
Median Home Value$340,900
Pop. Density12,191/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
$2,200,000
~$333,784 bal.
"ABRAHAM SMILOWITZ, ET AL" · 2023-11-07
Est. Total Balance $333,784
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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