575 NE 127 ST, North Miami, FL 33161

Parcel: 0622300240310 · Vacant Residential · Vacant Land · Zoning: 6000

Assessed Value (2025)
$868,750

Property Details

Beds
2
Baths
1
Living Sqft
1,351
Year Built
1948
Lot Sqft
17,175
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$110,000
2002-10-01
2
$500,000+355%
2022-04-06
RAPHAEL SIMON575 NE 127 ST LLC
3
$500,000
2022-09-30
575 NE 127 ST LLCNOMI HOLDING GROUP 2 LLC
4
$500,000
2022-10-13

Tax Assessment History

$868,750
Assessed (2025)
$868,750
Market Value
$868,750
Taxable Value
$17,687
Annual Tax
2024
$868,750
2025
$868,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $868,750 $868,750 $868,750 $17,687
2024 $868,750 $868,750 $868,750 $17,687

About 575 NE 127 ST, North Miami, FL 33161

575 NE 127 ST, North Miami, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,351 square feet of living space on a 17,175 square foot lot. The property is currently owned by NOMI HOLDING GROUP 2 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 2022-10-13 for $500,000. There are 4 recorded sales for this property. The 2025 assessed value is $868,750 with a market value of $868,750.

This breaks down to $858,750 for the land and $10,000 for the building. 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 $250,000 recorded against this property. 575 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 2002 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 174% 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 $370 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

NOMI HOLDING GROUP 2 LLC
250 NE 25 ST 203, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$10,825 — $19,912
Flood $400 — $800
Property/Wind $10,425 — $19,112

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
View full risk analysis →

Mortgages

ACTIVE
$250,000
STAR KEYS CAPTIVA LLC · 2022-04-19
Est. Total Balance $250,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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