1071 NE 162 ST, North Miami Beach, FL 33162

1071 NE 162 ST, North Miami Beach, FL 33162 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,224 square feet of living space on a 9,000 square foot lot. The property is currently owned by ELIUS MERVILUS MARIE MERVILUS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2010-09-24 for $135,000, when SUNTRUST MORTGAGE INC sold to ELIUS MERVILUS. The property has appreciated $119,900 (794%) since the prior sale of $15,100 on 2010-03-22. There are 3 recorded sales for this property.

The 2025 assessed value is $272,146 with a market value of $455,553. This breaks down to $306,000 for the land and $149,553 for the building. The assessed value increased 10% from $247,406 in 2024.

The median household income in this area is $72,777, and the median home value is $356,700. The population density is 10,319 people per square mile. 1071 NE 162 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 2004 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 202% 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 $110 per square foot — a key metric for comparing value across North Miami Beach's real estate market..