565 NE 121 ST, North Miami, FL 33161

Parcel: 0622300310120 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 3700

Assessed Value (2025)
$1,709,004

Property Details

Beds
18
Baths
14
Living Sqft
12,732
Year Built
1965
Lot Sqft
16,796
Stories
1
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$660,000
2011-02-28
BISCAYNE PARK ESTATES LLCNUOVA TERRA INVESTMENTS LLC
2
N/Anon-market transfer
2011-02-28
MEIR RYAN SIMA RANBISCAYNE PARK ESTATES LLC
3
$2,262,000
2020-01-29
NUOVA TERRA INVESTMENTS LLC565 REALTY LLC

Tax Assessment History

$1,709,004
Assessed (2025)
$1,860,000
Market Value
$1,709,004
Taxable Value
$34,794
Annual Tax
2024
$1,553,640
$1,960,000
2025
$1,709,004
$1,860,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,709,004 $1,860,000 $1,709,004 $34,794
2024 $1,553,640 $1,960,000 $1,553,640 $31,631

About 565 NE 121 ST, North Miami, FL 33161

565 NE 121 ST, North Miami, FL 33161 is a 18-bedroom, 14-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1965 with 12,732 square feet of living space on a 16,796 square foot lot. The property is currently owned by 565 REALTY 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 2020-01-29 for $2,262,000, when NUOVA TERRA INVESTMENTS LLC sold to 565 REALTY LLC. The property has appreciated $1,602,000 (243%) since the prior sale of $660,000 on 2011-02-28. There are 3 recorded sales for this property.

The 2025 assessed value is $1,709,004 with a market value of $1,860,000. This breaks down to $671,840 for the land and $1,188,160 for the building. The assessed value increased 10% from $1,553,640 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. 565 NE 121 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 2011 to 2020, with 3 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 $178 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

565 REALTY LLC
550 OCEAN BLVD, GOLDEN BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: SANDLER SERGEY
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Est. Annual Insurance

$20,908 — $38,398
Flood $400 — $800
Property/Wind $20,508 — $37,598

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 →
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