1987 NE 171 ST, North Miami Beach, FL 33162

Parcel: 0722090042487 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3800

Assessed Value (2025)
$323,136

Property Details

Beds
3
Baths
3
Living Sqft
1,914
Year Built
1958
Lot Sqft
5,375
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$267,500
2005-01-01
2
$343,400+28%
2006-09-01
3
$125,000-64%
2009-01-28
CARMEN F PERALTAABRAHAM COHEN

Tax Assessment History

$323,136
Assessed (2025)
$476,595
Market Value
$323,136
Taxable Value
$6,579
Annual Tax
2024
$293,760
$455,264
2025
$323,136
$476,595
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $323,136 $476,595 $323,136 $6,579
2024 $293,760 $455,264 $293,760 $5,981

About 1987 NE 171 ST, North Miami Beach, FL 33162

1987 NE 171 ST, North Miami Beach, FL 33162 is a 3-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1958 with 1,914 square feet of living space on a 5,375 square foot lot. The property is currently owned by ABRAHAM COHEN, 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 2009-01-28 for $125,000, when CARMEN F PERALTA sold to ABRAHAM COHEN. The property sold for $218,400 less than the prior sale of $343,400 on 2006-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $323,136 with a market value of $476,595. This breaks down to $215,000 for the land and $261,595 for the building. The assessed value increased 10% from $293,760 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. 1987 NE 171 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 2005 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 259% 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 $65 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

ABRAHAM COHEN
2501 S OCEAN DR APT 912, HOLLYWOOD, FL, 33019-2612
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,277 — $7,908
Flood $400 — $800
Property/Wind $3,877 — $7,108

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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