1940 NE 119 RD, North Miami, FL 33181

Parcel: 0622280113260 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$1,031,746

Property Details

Beds
5
Baths
4
Living Sqft
3,668
Year Built
1968
Lot Sqft
9,375
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1996-08-01
2
$371,000
1998-03-01
3
$1,200,000+223%
2020-09-15
MICHAEL A CHIODOJONATHAN FAIETA
4
$4,250,000+254%
2026-03-19
JONATHAN FAIETARAPHAEL GABSI

Tax Assessment History

$1,031,746
Assessed (2025)
$2,345,242
Market Value
$981,024
Taxable Value
$19,973
Annual Tax
2024
$1,002,669
$2,111,293
2025
$1,031,746
$2,345,242
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,031,746 $2,345,242 $981,024 $19,973
2024 $1,002,669 $2,111,293 $952,669 $19,396

About 1940 NE 119 RD, North Miami, FL 33181

1940 NE 119 RD, North Miami, FL 33181 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1968 with 3,668 square feet of living space on a 9,375 square foot lot. The property is currently owned by RAPHAEL GABSI, recorded as of 2026-04-18. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-19 for $4,250,000, when JONATHAN FAIETA sold to RAPHAEL GABSI. The property has appreciated $3,050,000 (254%) since the prior sale of $1,200,000 on 2020-09-15. There are 4 recorded sales for this property.

The 2025 assessed value is $1,031,746 with a market value of $2,345,242. This breaks down to $1,968,750 for the land and $376,492 for the building. The assessed value increased 3% from $1,002,669 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.

1940 NE 119 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 1996 to 2026, with 4 recorded transactions in the public record.

The current assessed value represents 24% 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 $1159 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

RAPHAEL GABSI
1940 NE 119 RD, NORTH MIAMI, FL, 33181
Since: 2026-04-18
View owner profile →

Est. Annual Insurance

$12,780 — $23,498
Flood $400 — $800
Property/Wind $12,380 — $22,698

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 →
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