470 NE 123 ST, North Miami, FL 33161

Parcel: 0622300700040 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$185,208

Property Details

Beds
2
Baths
2
Living Sqft
1,255
Year Built
1980
Lot Sqft
3,046
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$71,600
2016-02-10
JOSEPH O YANES BANK OF NEW YORK MELLON TRS
2
$100,700+41%
2017-04-11
BANK OF NEW YORK MELLON TRSSEA TURTLE HOMES LLC
3
$140,000+39%
2017-08-30
SEA TURTLE HOMES LLCG AND P PROPERTIES OF NORTH

Tax Assessment History

$185,208
Assessed (2025)
$227,838
Market Value
$185,208
Taxable Value
$3,771
Annual Tax
2024
$168,371
$227,838
2025
$185,208
$227,838
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $185,208 $227,838 $185,208 $3,771
2024 $168,371 $227,838 $168,371 $3,428

About 470 NE 123 ST, North Miami, FL 33161

470 NE 123 ST, North Miami, FL 33161 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1980 with 1,255 square feet of living space on a 3,046 square foot lot. The property is currently owned by G AND P PROPERTIES OF NORTH MIAMI LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-08-30 for $140,000, when SEA TURTLE HOMES LLC sold to G AND P PROPERTIES OF NORTH. The property has appreciated $39,300 (39%) since the prior sale of $100,700 on 2017-04-11. There are 3 recorded sales for this property.

The 2025 assessed value is $185,208 with a market value of $227,838. The assessed value increased 10% from $168,371 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 $125,989 recorded against this property. 470 NE 123 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 2016 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 132% 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 $112 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

G AND P PROPERTIES OF NORTH MIAMI LLC
11975 W BISCAYNE CANAL RD, MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →
Look up on FL Sunbiz →

Find registered agent and officers for this entity

Est. Annual Insurance

$2,252 — $4,133
Flood $400 — $800
Property/Wind $1,852 — $3,333

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
$125,989
DANIEL GALBAN · 2025-01-13
Est. Total Balance $125,989
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales