1240 NE 161 ST, North Miami Beach, FL 33162

Parcel: 0722170060530 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 0400

Assessed Value (2025)
$169,667

Property Details

Beds
3
Baths
2
Living Sqft
2,431
Year Built
1953
Lot Sqft
7,192
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$63,500
2010-02-10
JEAN R VANCOL &W YVETTERESIDENTIAL FUNDING LLC
2
$102,000+61%
2010-11-11
RESIDENTIAL FUNDING LLCROSENIQUE LAROCHELLE
3
$22,983-77%
2011-10-24
ROSENIQUE LAROCHELLEFRANTZO BERNARD

Tax Assessment History

$169,667
Assessed (2025)
$443,039
Market Value
$118,945
Taxable Value
$2,422
Annual Tax
2024
$164,886
$457,880
2025
$169,667
$443,039
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $169,667 $443,039 $118,945 $2,422
2024 $164,886 $457,880 $114,886 $2,339

About 1240 NE 161 ST, North Miami Beach, FL 33162

1240 NE 161 ST, North Miami Beach, FL 33162 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1953 with 2,431 square feet of living space on a 7,192 square foot lot. The property is currently owned by FRANTZO BERNARD, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-10-24 for $22,983, when ROSENIQUE LAROCHELLE sold to FRANTZO BERNARD. The property sold for $79,017 less than the prior sale of $102,000 on 2010-11-11. There are 3 recorded sales for this property.

The 2025 assessed value is $169,667 with a market value of $443,039. This breaks down to $244,528 for the land and $198,511 for the building. The assessed value increased 3% from $164,886 in 2024.

The property has the following tax exemptions: homestead. 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.

1240 NE 161 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 available through Miami-Dade County public records. The complete ownership history of this property spans from 2010 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 738% 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 $9 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

FRANTZO BERNARD
1240 NE 161 ST, N MIAMI BEACH, FL, 33162
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,436 — $4,532
Flood $400 — $800
Property/Wind $2,036 — $3,732

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

20.3%
Corp-Owned
43.9%
Investor
348
Flips (4yr)
5
New Biz (3yr)
Distress Risk
ELEVATED
43
View full risk analysis →
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