1545 NE 123 ST, North Miami, FL 33161

Parcel: 0622290450400 · Office Building - One Story · Office Building · Zoning: 6201

Assessed Value (2025)
$620,000

Property Details

Living Sqft
3,436
Year Built
1957
Lot Sqft
5,500
Stories
1
OFFICE BUILDING - ONE STORY : OFFICE BUILDING

Sales History

1
$100non-market transfer
2015-03-18
JOHN OLSEN PALM AVENUE HIALEAH TRUST
2
$689,000
2019-02-27
PALM AVENUE HIALEAH TR1545 NE 123RD ST LLC
3
$100non-market transfer
2019-02-27
JOHN OLSEN1545 NE 123RD ST LLC

Tax Assessment History

$620,000
Assessed (2025)
$620,000
Market Value
$620,000
Taxable Value
$12,623
Annual Tax
2024
$585,200
$590,000
2025
$620,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $620,000 $620,000 $620,000 $12,623
2024 $585,200 $590,000 $585,200 $11,914

About 1545 NE 123 ST, North Miami, FL 33161

1545 NE 123 ST, North Miami, FL 33161 is a office building - one story : office building built in 1957 with 3,436 square feet of living space on a 5,500 square foot lot. The property is currently owned by 1545 NE 123RD ST 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 2019-02-27 for $689,000, when PALM AVENUE HIALEAH TR sold to 1545 NE 123RD ST LLC. The property has appreciated $688,900 (688900%) since the prior sale of $100 on 2019-02-27. There are 3 recorded sales for this property.

The 2025 assessed value is $620,000 with a market value of $620,000. This breaks down to $495,000 for the land and $125,000 for the building. The assessed value increased 6% from $585,200 in 2024.

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. 1545 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 2015 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 90% of the most recent sale price.

Based on the most recent sale, this property traded at $201 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

1545 NE 123RD ST LLC
14340 BISCAYNE BVLD, NORTH MIAMI BEACH, FL, 33181
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$7,840 — $14,440
Flood $400 — $800
Property/Wind $7,440 — $13,640

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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