16450 MIAMI DR 506, North Miami Beach, FL 33162

Parcel: 0722170310370 · Residential · Condominium - Residential · Zoning: 6400

Assessed Value (2025)
$159,038

Property Details

Beds
2
Baths
2
Living Sqft
1,137
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$50,000
2017-08-31
MASHA SHMAGIN JTRSCRISTINA CRAFT
2
$120,000+140%
2020-07-01
CRISTINA CRAFTYESSENIA MANON
3
$250,000+108%
2022-04-28
YESSENIA MANONJAIME ANDRES PROANO
4
$250,000
2022-05-17

Tax Assessment History

$159,038
Assessed (2025)
$159,038
Market Value
$159,038
Taxable Value
$3,238
Annual Tax
2024
$162,706
$165,665
2025
$159,038
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $159,038 $159,038 $159,038 $3,238
2024 $162,706 $165,665 $162,706 $3,313

About 16450 MIAMI DR 506, North Miami Beach, FL 33162

16450 MIAMI DR 506, North Miami Beach, FL 33162 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 1,137 square feet of living space. The property is currently owned by JAIME ANDRES PROANO NICOLAS ANDRES PROANO, 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 2022-05-17 for $250,000. There are 4 recorded sales for this property. The 2025 assessed value is $159,038 with a market value of $159,038.

The assessed value decreased 2% from $162,706 in 2024. The median household income in this area is $52,740, and the median home value is $139,000. The population density is 12,766 people per square mile.

There are active mortgage liens totaling $102,995 recorded against this property. 16450 MIAMI DR 506, 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 2017 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 64% 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.

Based on the most recent sale, this property traded at $220 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

JAIME ANDRES PROANO NICOLAS ANDRES PROANO
121 CRANDON BLVD 158, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,308 — $4,298
Flood $400 — $800
Property/Wind $1,908 — $3,498

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$52,740
Median Home Value$139,000
Pop. Density12,766/sq mi

Neighborhood 16450

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$108,500
~$102,995 bal.
RP FUNDING INC · 2022-01-21
Est. Total Balance $102,995
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales