1516 NE 131 RD, North Miami, FL 33161

1516 NE 131 RD, North Miami, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,633 square feet of living space on a 7,772 square foot lot. The property is currently owned by ARTHUR LOUIS MARIE A LOUIS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2009-11-30 for $165,000, when A & J SEC 8 1 LLC sold to ARTHUR LOUIS. The property has appreciated $103,330 (168%) since the prior sale of $61,670 on 2009-08-04. There are 3 recorded sales for this property.

The 2025 assessed value is $129,069 with a market value of $389,134. This breaks down to $233,160 for the land and $155,974 for the building. The assessed value increased 3% from $125,432 in 2024.

The property has the following tax exemptions: homestead. 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.

1516 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 2009 to 2009, with 3 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $101 per square foot — a key metric for comparing value across North Miami's real estate market..