1511 NE 131 RD, North Miami, FL 33161

Parcel: 0622290220960 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$267,246

Property Details

Beds
2
Baths
1
Living Sqft
1,126
Year Built
1948
Lot Sqft
14,462
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$130,000
2004-06-01
2
$237,100+82%
2006-04-01
3
$67,570-72%
2010-02-10
KAREN V HERNANDEZKENJINAKAZAWA LLC

Tax Assessment History

$267,246
Assessed (2025)
$485,989
Market Value
$267,246
Taxable Value
$5,441
Annual Tax
2024
$242,951
$486,149
2025
$267,246
$485,989
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $267,246 $485,989 $267,246 $5,441
2024 $242,951 $486,149 $242,951 $4,946

About 1511 NE 131 RD, North Miami, FL 33161

1511 NE 131 RD, North Miami, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,126 square feet of living space on a 14,462 square foot lot. The property is currently owned by KENJINAKAZAWA LLC, 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 2010-02-10 for $67,570, when KAREN V HERNANDEZ sold to KENJINAKAZAWA LLC. The property sold for $169,530 less than the prior sale of $237,100 on 2006-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $267,246 with a market value of $485,989. This breaks down to $366,930 for the land and $119,059 for the building. The assessed value increased 10% from $242,951 in 2024.

The median household income in this area is $43,719, and the median home value is $291,700. The population density is 11,178 people per square mile. 1511 NE 131 RD, North Miami, FL 33161 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 2004 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 396% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $60 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

KENJINAKAZAWA LLC
275-189 TERRACE, SUNNY ISLES BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$3,606 — $6,679
Flood $400 — $800
Property/Wind $3,206 — $5,879

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$43,719
Median Home Value$291,700
Pop. Density11,178/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →
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