1125 NE 123 ST, North Miami, FL 33161
Parcel: 0622290310200 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3700
Assessed Value (2025)
$268,033
Property Details
Beds
5
Baths
4
Living Sqft
2,372
Year Built
1948
Lot Sqft
9,750
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$55,000
1976-10-01
2
$90,000+64%
1993-06-01
3
N/Anon-market transfer
2002-12-01
CLAUDIO SANCHEZ → CLAUDIO SANCHEZ
Tax Assessment History
$268,033
Assessed (2025)
$612,296
Market Value
$218,034
Taxable Value
$4,439
Annual Tax
2024
$248,372
$609,601
2025
$268,033
$612,296
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $268,033 | $612,296 | $218,034 | $4,439 | $390,000 | $222,296 |
| 2024 | $248,372 | $609,601 | $200,486 | $4,082 | $390,000 | $219,601 |
About 1125 NE 123 ST, North Miami, FL 33161
1125 NE 123 ST, North Miami, FL 33161 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1948 with 2,372 square feet of living space on a 9,750 square foot lot. The property is currently owned by BESSY Y SANCHEZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $268,033 with a market value of $612,296. This breaks down to $390,000 for the land and $222,296 for the building.
The assessed value increased 8% from $248,372 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $47,409, and the median home value is $392,000.
The population density is 9,517 people per square mile. 1125 NE 123 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 1976 to 2002, with 3 recorded transactions in the public record..
Current Owner
BESSY Y SANCHEZ
1125-27 NE 123 ST, MIAMI, FL, 33161
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$3,616 — $6,696
Flood $400 — $800
Property/Wind $3,216 — $5,896
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$47,409
Median Home Value$392,000
Pop. Density9,517/sq mi
Neighborhood 33161
55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
Zoom in to see property sales