1951 NE 159 ST, North Miami Beach, FL 33162

Parcel: 0722160220040 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6504

Assessed Value (2025)
$436,914

Property Details

Beds
4
Baths
3
Living Sqft
1,820
Year Built
1965
Lot Sqft
6,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$129,500
2001-06-01
2
$265,000+105%
2021-03-31
SAMUEL NANTONSCHIEBER HOLDINGS L L C
3
$539,000+103%
2022-03-22
SCHIEBER HOLDINGS L L CLITTLE TREASURES PETIT TRESORS
4
$539,000
2022-04-20

Tax Assessment History

$436,914
Assessed (2025)
$436,914
Market Value
$436,914
Taxable Value
$8,895
Annual Tax
2024
$408,410
$451,884
2025
$436,914
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $436,914 $436,914 $436,914 $8,895
2024 $408,410 $451,884 $408,410 $8,315

About 1951 NE 159 ST, North Miami Beach, FL 33162

1951 NE 159 ST, North Miami Beach, FL 33162 is a 4-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1965 with 1,820 square feet of living space on a 6,500 square foot lot. The property is currently owned by LITTLE TREASURES PETIT TRESORS SLP PLLC, 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 2022-04-20 for $539,000. There are 4 recorded sales for this property. The 2025 assessed value is $436,914 with a market value of $436,914.

This breaks down to $221,000 for the land and $215,914 for the building. The assessed value increased 7% from $408,410 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. There are active mortgage liens totaling $380,590 recorded against this property. 1951 NE 159 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 2001 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price.

Based on the most recent sale, this property traded at $296 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

LITTLE TREASURES PETIT TRESORS SLP PLLC
6108 MIRAMAR PKWY, MIRAMAR, FL, 33023
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,642 — $10,412
Flood $400 — $800
Property/Wind $5,242 — $9,612

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
View full risk analysis →

Mortgages

ACTIVE
$400,000
~$380,590 bal.
CIVIC FINANCIAL SERVICES LLC · 2022-04-20
Est. Total Balance $380,590
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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