16862 NE 4 PL, North Miami Beach, FL 33162

16862 NE 4 PL, North Miami Beach, FL 33162 is a 5-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1974 with 2,133 square feet of living space on a 5,300 square foot lot. The property is currently owned by MADHO P HARRICHARRAN RAVI P HARRICHARRAN, 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 2014-11-25 for $195,000, when MICHELINE DORVIL sold to MADHO P HARRICHARRAN. The property has appreciated $95,000 (95%) since the prior sale of $100,000 on 2012-09-05. There are 3 recorded sales for this property.

The 2025 assessed value is $297,171 with a market value of $453,963. This breaks down to $233,200 for the land and $220,763 for the building. The assessed value increased 10% from $270,156 in 2024.

The median household income in this area is $55,859, and the median home value is $342,100. The population density is 3,455 people per square mile. 16862 NE 4 PL, North Miami Beach, FL 33162 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 1999 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 152% 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 $91 per square foot — a key metric for comparing value across North Miami Beach's real estate market..