555 NE 123 ST 204-B, North Miami, FL 33161

Parcel: 0622300610050 · Residential · Condominium - Residential · Zoning: 3000

Assessed Value (2025)
$106,340

Property Details

Beds
1
Baths
2
Living Sqft
760
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2006-06-01
2
$33,500
2011-06-23
RAFAEL FRANK &WPENA GROUP 1 CORP
3
$229,085+584%
2014-10-27
PENA GROUP 1 CORPVALFAC INVESTMENT CORP

Tax Assessment History

$106,340
Assessed (2025)
$110,166
Market Value
$106,340
Taxable Value
$2,165
Annual Tax
2024
$96,673
$110,166
2025
$106,340
$110,166
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $106,340 $110,166 $106,340 $2,165
2024 $96,673 $110,166 $96,673 $1,968

About 555 NE 123 ST 204-B, North Miami, FL 33161

555 NE 123 ST 204-B, North Miami, FL 33161 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1973 with 760 square feet of living space. The property is currently owned by VALFAC INVESTMENT CORP, 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 2014-10-27 for $229,085, when PENA GROUP 1 CORP sold to VALFAC INVESTMENT CORP. The property has appreciated $195,585 (584%) since the prior sale of $33,500 on 2011-06-23. There are 3 recorded sales for this property.

The 2025 assessed value is $106,340 with a market value of $110,166. The assessed value increased 10% from $96,673 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. 555 NE 123 ST 204-B, 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 2006 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 46% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $301 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

VALFAC INVESTMENT CORP
3731 N COUNTRY CLUB DR #1121, AVENTURA, FL, 33180
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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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