1501 NE 124 ST, North Miami, FL 33161

Parcel: 0622290450210 · Residential - Single Family · 1 Unit · Zoning: 3800

Assessed Value (2025)
$142,070

Property Details

Beds
3
Baths
2
Living Sqft
1,222
Year Built
1992
Lot Sqft
6,870
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2011-05-26
REO PROPERTIES CORPHSBC BANK USA TRS
2
$100,000
2014-01-07
LISSY FRANCONICOLAS MEOLI
3
$126,000+26%
2014-04-04
NICOLAS MEOLIJULIO MADAN SR

Tax Assessment History

$142,070
Assessed (2025)
$405,760
Market Value
$91,348
Taxable Value
$1,860
Annual Tax
2024
$138,067
$406,767
2025
$142,070
$405,760
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $142,070 $405,760 $91,348 $1,860
2024 $138,067 $406,767 $88,067 $1,793

About 1501 NE 124 ST, North Miami, FL 33161

1501 NE 124 ST, North Miami, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1992 with 1,222 square feet of living space on a 6,870 square foot lot. The property is currently owned by JULIO MADAN SR MARBELIS PARRA, 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 2014-04-04 for $126,000, when NICOLAS MEOLI sold to JULIO MADAN SR. The property has appreciated $26,000 (26%) since the prior sale of $100,000 on 2014-01-07. There are 3 recorded sales for this property.

The 2025 assessed value is $142,070 with a market value of $405,760. This breaks down to $274,800 for the land and $130,960 for the building. The assessed value increased 3% from $138,067 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $48,929, and the median home value is $127,300. The population density is 13,221 people per square mile.

1501 NE 124 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 2011 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 113% of the most recent sale price. Based on the most recent sale, this property traded at $103 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

JULIO MADAN SR MARBELIS PARRA
1501 NE 124 ST, MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$48,929
Median Home Value$127,300
Pop. Density13,221/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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