987 NE 131 ST, North Miami, FL 33161
Parcel: 0622290500400 · Residential - Single Family · 1 Unit · Zoning: 0400
Assessed Value (2025)
$634,687
Property Details
Beds
5
Baths
3
Living Sqft
3,007
Year Built
1937
Lot Sqft
19,562
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$135,000
2014-02-17
JPMC SPECIALTY MORTGAGE LLC → WU GAO
2
$485,000+259%
2021-10-28
WU GAO → PLAIN VIEW PROPERTIES INC
3
$635,000+31%
2022-02-28
PLAIN VIEW PROPERTIES INC → NORTHBROS GROUP CORP
4
$635,000
2022-03-04
Tax Assessment History
$634,687
Assessed (2025)
$634,687
Market Value
$634,687
Taxable Value
$12,922
Annual Tax
2024
$600,617
$634,695
2025
$634,687
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $634,687 | $634,687 | $634,687 | $12,922 | $443,430 | $191,257 |
| 2024 | $600,617 | $634,695 | $600,617 | $12,228 | $443,430 | $191,265 |
About 987 NE 131 ST, North Miami, FL 33161
987 NE 131 ST, North Miami, FL 33161 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1937 with 3,007 square feet of living space on a 19,562 square foot lot. The property is currently owned by NORTHBROS GROUP CORP, 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 2022-03-04 for $635,000. There are 4 recorded sales for this property. The 2025 assessed value is $634,687 with a market value of $634,687.
This breaks down to $443,430 for the land and $191,257 for the building. The assessed value increased 6% from $600,617 in 2024. 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. There are active mortgage liens totaling $650,250 recorded against this property. 987 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 2014 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price.
Based on the most recent sale, this property traded at $211 per square foot — a key metric for comparing value across North Miami's real estate market..
Current Owner
NORTHBROS GROUP CORP
6175 NW 153 ST SUITE #201, MIAMI LAKES, FL, 33014
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$8,016 — $14,763
Flood $400 — $800
Property/Wind $7,616 — $13,963
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
Mortgages
ACTIVE
$650,250
CONVENTUS LLC · 2021-11-12
Est. Total Balance $650,250
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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