North Miami Beach, FL 33162

Parcel: 0722090042390 · Vacant Land - Commercial · Vacant Land · Zoning: 3800

Assessed Value (2025)
$80,358

Sales History

1
$450,000
2018-05-16
CHARLES P SCHULTZ JR IVAN RABINOVICH MANAGEMENT
2
$100non-market transfer
2019-06-25
IVAN RABINOVICH MANAGEMENT37 BORABI LLC
3
$785,000
2020-10-30
37 BORABI LLC1964 NMB LLC

Tax Assessment History

$80,358
Assessed (2025)
$86,250
Market Value
$80,358
Taxable Value
$1,636
Annual Tax
2024
$73,053
$97,031
2025
$80,358
$86,250
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $80,358 $86,250 $80,358 $1,636
2024 $73,053 $97,031 $73,053 $1,487

About North Miami Beach, FL 33162

North Miami Beach, FL 33162 is a property. The property is currently owned by 1964 NMB LLC, 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 2020-10-30 for $785,000, when 37 BORABI LLC sold to 1964 NMB LLC. The property has appreciated $784,900 (784900%) since the prior sale of $100 on 2019-06-25. There are 3 recorded sales for this property.

The 2025 assessed value is $80,358 with a market value of $86,250. The assessed value increased 10% from $73,053 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 $44,120, and the median home value is $-666,666,666. The population density is 20,612 people per square mile.

The complete ownership history of this property spans from 2018 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 10% 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..

Current Owner

1964 NMB LLC
2875 NE 191 ST 601, AVENTURA, FL, 33180
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

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$44,120
Median Home Value$-666,666,666
Pop. Density20,612/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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