1940 NE 185 TER, North Miami Beach, FL 33179

Parcel: 0722040140120 · Residential - Single Family · 1 Unit · Zoning: 0600

Assessed Value (2025)
$746,416

Property Details

Beds
3
Baths
2
Living Sqft
1,930
Year Built
1960
Lot Sqft
9,180
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100,000
1986-11-01
2
$435,000+335%
2018-02-23
RUFINO VAZQUEZ &W CONCHITA RYAN HARE
3
$800,000+84%
2023-05-22
RYAN HARERAFAEL TORO
4
$800,000
2023-06-05

Tax Assessment History

$746,416
Assessed (2025)
$780,819
Market Value
$695,694
Taxable Value
$14,164
Annual Tax
2024
$725,380
2025
$746,416
$780,819
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $746,416 $780,819 $695,694 $14,164
2024 $725,380 $725,380 $675,380 $13,750

About 1940 NE 185 TER, North Miami Beach, FL 33179

1940 NE 185 TER, North Miami Beach, FL 33179 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,930 square feet of living space on a 9,180 square foot lot. The property is currently owned by RAFAEL TORO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-06-05 for $800,000. There are 4 recorded sales for this property. The 2025 assessed value is $746,416 with a market value of $780,819.

This breaks down to $566,865 for the land and $213,954 for the building. The assessed value increased 3% from $725,380 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $95,283, and the median home value is $837,700.

The population density is 4,387 people per square mile. There are active mortgage liens totaling $216,844 recorded against this property. 1940 NE 185 TER, North Miami Beach, FL 33179 is located in North Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1986 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 93% of the most recent sale price.

Based on the most recent sale, this property traded at $415 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

RAFAEL TORO
1940 NE 185 TER, NORTH MIAMI BEACH, FL, 33179
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$9,356 — $17,221
Flood $400 — $800
Property/Wind $8,956 — $16,421

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$95,283
Median Home Value$837,700
Pop. Density4,387/sq mi

Neighborhood 33179

36.8%
Owner-Occ
63.2%
Investor
249
Flips (4yr)
5,543
New Biz (3yr)
Distress Risk
ELEVATED
40
View full risk analysis →

Mortgages

ACTIVE
$232,000
~$216,844 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2020-12-31
Est. Total Balance $216,844
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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