1470 NE 123 ST A509, North Miami, FL 33161

Parcel: 0622290951140 · Residential · Condominium - Residential · Zoning: 9300

Assessed Value (2025)
$192,077

Property Details

Beds
2
Baths
2
Living Sqft
1,182
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$108,000
2003-08-01
2
$100non-market transfer
2017-01-12
JESUS S VERA GREENWICH UNITS LLC
3
$147,000
2019-12-10
GREENWICH UNITS LLCJOAO MARCELLO GARAVAGLIA

Tax Assessment History

$192,077
Assessed (2025)
$193,823
Market Value
$141,355
Taxable Value
$2,878
Annual Tax
2024
$186,664
$208,412
2025
$192,077
$193,823
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $192,077 $193,823 $141,355 $2,878
2024 $186,664 $208,412 $136,664 $2,782

About 1470 NE 123 ST A509, North Miami, FL 33161

1470 NE 123 ST A509, North Miami, FL 33161 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1981 with 1,182 square feet of living space. The property is currently owned by JOAO MARCELLO GARAVAGLIA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-12-10 for $147,000, when GREENWICH UNITS LLC sold to JOAO MARCELLO GARAVAGLIA . The property has appreciated $146,900 (146900%) since the prior sale of $100 on 2017-01-12. There are 3 recorded sales for this property.

The 2025 assessed value is $192,077 with a market value of $193,823. The assessed value increased 3% from $186,664 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $75,434, and the median home value is $-666,666,666. The population density is 15,606 people per square mile. 1470 NE 123 ST A509, 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 2003 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 131% 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 $124 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

JOAO MARCELLO GARAVAGLIA
1470 NE 123 ST # A509, NORTH MIAMI, FL, 33161
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,320 — $4,257
Flood $400 — $800
Property/Wind $1,920 — $3,457

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$75,434
Median Home Value$-666,666,666
Pop. Density15,606/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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