1261 NE 131 ST, North Miami, FL 33161

Parcel: 0622290230650 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$220,904

Property Details

Beds
2
Baths
2
Living Sqft
2,069
Year Built
1947
Lot Sqft
10,275
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$34,000
1978-10-01
2
$55,000+62%
1990-03-01
3
$79,000+44%
1998-01-01

Tax Assessment History

$220,904
Assessed (2025)
$516,865
Market Value
$170,182
Taxable Value
$3,465
Annual Tax
2024
$214,679
$518,013
2025
$220,904
$516,865
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $220,904 $516,865 $170,182 $3,465
2024 $214,679 $518,013 $164,679 $3,353

About 1261 NE 131 ST, North Miami, FL 33161

1261 NE 131 ST, North Miami, FL 33161 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1947 with 2,069 square feet of living space on a 10,275 square foot lot. The property is currently owned by MANUEL MOREIRA & GREYTING CASTELLANOS, 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 1998-01-01 for $79,000. The property has appreciated $24,000 (44%) since the prior sale of $55,000 on 1990-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $220,904 with a market value of $516,865. This breaks down to $304,125 for the land and $212,740 for the building. The assessed value increased 3% from $214,679 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.

1261 NE 131 ST, 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 1978 to 1998, with 3 recorded transactions in the public record.

The current assessed value represents 280% 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 $38 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

MANUEL MOREIRA & GREYTING CASTELLANOS
1261 NE 131 ST, NO MIAMI, FL, 33161-4332
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,050 — $5,659
Flood $400 — $800
Property/Wind $2,650 — $4,859

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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