1870 NE 163 ST, North Miami Beach, FL 33162
Parcel: 0722160160310 · Store · Retail Outlet · Zoning: 6504
Assessed Value (2025)
$1,156,575
Property Details
Baths
0.5
Living Sqft
3,716
Year Built
1970
Lot Sqft
8,184
Stories
1
STORE : RETAIL OUTLET
Sales History
1
$195,000
1993-03-01
2
$1,340,000+587%
2021-11-30
STEPHEN LEE → TEXAS PROPERTY GROUP LLC
Tax Assessment History
$1,156,575
Assessed (2025)
$1,156,575
Market Value
$1,156,575
Taxable Value
$23,547
Annual Tax
2024
$1,074,885
2025
$1,156,575
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,156,575 | $1,156,575 | $1,156,575 | $23,547 | $982,080 | $174,495 |
| 2024 | $1,074,885 | $1,074,885 | $1,074,885 | $21,884 | $900,240 | $174,645 |
About 1870 NE 163 ST, North Miami Beach, FL 33162
1870 NE 163 ST, North Miami Beach, FL 33162 is a store : retail outlet built in 1970 with 3,716 square feet of living space on a 8,184 square foot lot. The property is currently owned by TEXAS PROPERTY GROUP 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 2021-11-30 for $1,340,000, when STEPHEN LEE sold to TEXAS PROPERTY GROUP LLC. The property has appreciated $1,145,000 (587%) since the prior sale of $195,000 on 1993-03-01. The 2025 assessed value is $1,156,575 with a market value of $1,156,575.
This breaks down to $982,080 for the land and $174,495 for the building. The assessed value increased 8% from $1,074,885 in 2024. The median household income in this area is $50,000, and the median home value is $297,100.
The population density is 7,274 people per square mile. 1870 NE 163 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 1993 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $361 per square foot — a key metric for comparing value across North Miami Beach's real estate market..
Current Owner
TEXAS PROPERTY GROUP LLC
11 GRACE AVE STE 305, GREAT NECK, NY, 11021-2417
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$11,965 — $21,618
Flood $400 — $800
Property/Wind $11,565 — $20,818
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$50,000
Median Home Value$297,100
Pop. Density7,274/sq mi
Neighborhood 33162
56.1%
Owner-Occ
43.9%
Investor
1,526
Flips (4yr)
5,328
New Biz (3yr)
Distress Risk
ELEVATED
45
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