1470 NE 123 ST A515, North Miami, FL 33161

Parcel: 0622290951980 · Residential · Condominium - Residential · Zoning: 9300

Assessed Value (2025)
$187,394

Property Details

Beds
2
Baths
2
Living Sqft
1,260
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$130,000
2003-09-01
2
$23,800-82%
2013-12-17
SANDRA HERREROFANNIE MAE
3
$134,900+467%
2015-05-14
FANNIE MAEKABMAC LLC

Tax Assessment History

$187,394
Assessed (2025)
$205,129
Market Value
$187,394
Taxable Value
$3,815
Annual Tax
2024
$170,359
$220,569
2025
$187,394
$205,129
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $187,394 $205,129 $187,394 $3,815
2024 $170,359 $220,569 $170,359 $3,468

About 1470 NE 123 ST A515, North Miami, FL 33161

1470 NE 123 ST A515, North Miami, FL 33161 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1981 with 1,260 square feet of living space. The property is currently owned by KABMAC 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 2015-05-14 for $134,900, when FANNIE MAE sold to KABMAC LLC. The property has appreciated $111,100 (467%) since the prior sale of $23,800 on 2013-12-17. There are 3 recorded sales for this property.

The 2025 assessed value is $187,394 with a market value of $205,129. The assessed value increased 10% from $170,359 in 2024. 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 A515, 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 2015, with 3 recorded transactions in the public record. The current assessed value represents 139% 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 $107 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

KABMAC LLC
2750 NE 183 ST 608, AVENTURA, FL, 33160
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,273 — $4,173
Flood $400 — $800
Property/Wind $1,873 — $3,373

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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