1601 NE 173 ST, North Miami Beach, FL 33162

Parcel: 0722080020621 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$358,568

Property Details

Beds
3
Baths
1
Living Sqft
1,360
Year Built
1956
Lot Sqft
6,921
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$26,000
1972-04-01
2
$70,000+169%
1989-07-01
3
$260,000+271%
2019-12-03
MARINA CHAUCANES & JAIME WANCIER JUAN R OTERO

Tax Assessment History

$358,568
Assessed (2025)
$404,433
Market Value
$358,568
Taxable Value
$7,300
Annual Tax
2024
$325,971
$416,474
2025
$358,568
$404,433
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $358,568 $404,433 $358,568 $7,300
2024 $325,971 $416,474 $325,971 $6,637

About 1601 NE 173 ST, North Miami Beach, FL 33162

1601 NE 173 ST, North Miami Beach, FL 33162 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1956 with 1,360 square feet of living space on a 6,921 square foot lot. The property is currently owned by JUAN R OTERO LINDA PENALOZA, 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 2019-12-03 for $260,000, when MARINA CHAUCANES & JAIME WANCIER sold to JUAN R OTERO . The property has appreciated $190,000 (271%) since the prior sale of $70,000 on 1989-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $358,568 with a market value of $404,433. This breaks down to $287,222 for the land and $117,211 for the building. The assessed value increased 10% from $325,971 in 2024.

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 $78,563, and the median home value is $323,700.

The population density is 6,563 people per square mile. 1601 NE 173 ST, 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 1972 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 138% 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 $191 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

JUAN R OTERO LINDA PENALOZA
2330 LINWOOD AVE 4G, FORT LEE, NJ, 07024
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,702 — $8,688
Flood $400 — $800
Property/Wind $4,302 — $7,888

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$78,563
Median Home Value$323,700
Pop. Density6,563/sq mi

Neighborhood 33162

56.1%
Owner-Occ
43.9%
Investor
1,526
Flips (4yr)
5,328
New Biz (3yr)
Distress Risk
ELEVATED
45
View full risk analysis →
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