555 NE 127 ST, North Miami, FL 33161
Parcel: 0622300240300 · Residential - Single Family · 1 Unit · Zoning: 0700
Assessed Value (2025)
$661,606
Property Details
Beds
2
Baths
1
Living Sqft
2,018
Year Built
1948
Lot Sqft
17,175
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$213,500
2017-09-05
U S BANK NA TRS → BJP INVESTMENTS INC
2
$375,000+76%
2018-06-12
BJP INVESTMENTS INC → EDWIN I ALVAREZ
3
$875,000+133%
2024-08-12
EDWIN I ALVAREZ → ARVIV GROUP LLC
4
$875,000
2024-09-06
Tax Assessment History
$661,606
Assessed (2025)
$661,606
Market Value
$661,606
Taxable Value
$13,470
Annual Tax
2024
$631,290
2025
$661,606
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $661,606 | $661,606 | $661,606 | $13,470 | $450,800 | $210,806 |
| 2024 | $631,290 | $631,290 | $631,290 | $12,853 | $429,669 | $201,621 |
About 555 NE 127 ST, North Miami, FL 33161
555 NE 127 ST, North Miami, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 2,018 square feet of living space on a 17,175 square foot lot. The property is currently owned by ARVIV GROUP 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 2024-09-06 for $875,000. There are 4 recorded sales for this property. The 2025 assessed value is $661,606 with a market value of $661,606.
This breaks down to $450,800 for the land and $210,806 for the building. The assessed value increased 5% from $631,290 in 2024. The median household income in this area is $45,451, and the median home value is $496,800.
The population density is 10,294 people per square mile. There are active mortgage liens totaling $644,269 recorded against this property. 555 NE 127 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 2017 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 76% of the most recent sale price.
Based on the most recent sale, this property traded at $434 per square foot — a key metric for comparing value across North Miami's real estate market..
Current Owner
ARVIV GROUP LLC
1625 DAYTONIA RD, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$8,339 — $15,355
Flood $400 — $800
Property/Wind $7,939 — $14,555
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$45,451
Median Home Value$496,800
Pop. Density10,294/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
$656,250
VELOCITY COMMERCIAL CAPITAL LLC · 2024-09-06
1 satisfied mortgage
SATISFIED 2022-03-04
$390,000
JPMORGAN CHASE BANK NA
Est. Total Balance $644,269
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales