1987 NE 123 ST, North Miami, FL 33181

Parcel: 0622280300050 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$649,000

Property Details

Beds
2
Baths
2
Living Sqft
1,482
Year Built
1968
Lot Sqft
1,805
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
N/Anon-market transfer
2007-03-01
2
$89,000
2013-09-24
CESAR DAVID & MYRNA GARCIACESAR D GARCIA
3
$552,000+520%
2022-05-05
CESAR D GARCIALT FLORIDA 1101 TRUST
4
$552,000
2022-05-10

Tax Assessment History

$649,000
Assessed (2025)
$649,000
Market Value
$649,000
Taxable Value
$13,213
Annual Tax
2024
$683,202
2025
$649,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $649,000 $649,000 $649,000 $13,213
2024 $683,202 $683,202 $683,202 $13,909

About 1987 NE 123 ST, North Miami, FL 33181

1987 NE 123 ST, North Miami, FL 33181 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1968 with 1,482 square feet of living space on a 1,805 square foot lot. The property is currently owned by LT FLORIDA 1101 TRUST, 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 2022-05-10 for $552,000. There are 4 recorded sales for this property. The 2025 assessed value is $649,000 with a market value of $649,000.

The assessed value decreased 5% from $683,202 in 2024. 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.

1987 NE 123 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 2007 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 118% of the most recent sale price. Based on the most recent sale, this property traded at $372 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

LT FLORIDA 1101 TRUST
2121 BISCAYNE BLVD 1428, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$8,188 — $15,078
Flood $400 — $800
Property/Wind $7,788 — $14,278

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 →
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