2055 NE 140 ST, North Miami Beach, FL 33181

Parcel: 0722210020050 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6455

Assessed Value (2025)
$237,644

Property Details

Beds
3
Baths
2
Living Sqft
1,650
Year Built
1951
Lot Sqft
6,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$17,900
1977-08-01
2
N/Anon-market transfer
2004-09-07
CLYDE TROUTJOHN A TROUT
3
$570,000
2021-12-12
JOHN A TROUTABADI PROPERTIES LLC

Tax Assessment History

$237,644
Assessed (2025)
$263,241
Market Value
$237,644
Taxable Value
$4,838
Annual Tax
2024
$216,040
$263,284
2025
$237,644
$263,241
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $237,644 $263,241 $237,644 $4,838
2024 $216,040 $263,284 $216,040 $4,398

About 2055 NE 140 ST, North Miami Beach, FL 33181

2055 NE 140 ST, North Miami Beach, FL 33181 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1951 with 1,650 square feet of living space on a 6,000 square foot lot. The property is currently owned by ABADI PROPERTIES 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 2021-12-12 for $570,000, when JOHN A TROUT sold to ABADI PROPERTIES LLC. There are 3 recorded sales for this property. The 2025 assessed value is $237,644 with a market value of $263,241.

This breaks down to $240,000 for the land and $23,241 for the building. The assessed value increased 10% from $216,040 in 2024. The median household income in this area is $59,577, and the median home value is $372,700.

The population density is 1,381 people per square mile. There are active mortgage liens totaling $690,000 recorded against this property. 2055 NE 140 ST, North Miami Beach, FL 33181 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 1977 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 42% 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 $345 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

ABADI PROPERTIES LLC
1160 KANE CONCOURSE STE 301, BAY HARBOR ISLANDS, FL, 33154
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,251 — $6,028
Flood $400 — $800
Property/Wind $2,851 — $5,228

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$59,577
Median Home Value$372,700
Pop. Density1,381/sq mi

Neighborhood 33181

34.4%
Owner-Occ
65.6%
Investor
642
Flips (4yr)
2,684
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$690,000
LOAN FUNDER LLC · 2022-07-08
1 satisfied mortgage
SATISFIED 2022-01-11
$517,500
TG CAPITAL LENDING LLC
Est. Total Balance $690,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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