1241 NE 161 ST, North Miami Beach, FL 33162

Parcel: 0722170170325 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 0400

Assessed Value (2025)
$406,493

Property Details

Beds
3
Baths
2
Living Sqft
1,674
Year Built
1996
Lot Sqft
6,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$98,000
1998-01-01
2
$140,000+43%
2003-03-01
3
$330,000+136%
2007-06-01

Tax Assessment History

$406,493
Assessed (2025)
$406,493
Market Value
$355,771
Taxable Value
$7,243
Annual Tax
2024
$422,166
2025
$406,493
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $406,493 $406,493 $355,771 $7,243
2024 $422,166 $422,166 $372,166 $7,577

About 1241 NE 161 ST, North Miami Beach, FL 33162

1241 NE 161 ST, North Miami Beach, FL 33162 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1996 with 1,674 square feet of living space on a 6,400 square foot lot. The property is currently owned by MICHAEL DILLON, 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 2007-06-01 for $330,000. The property has appreciated $190,000 (136%) since the prior sale of $140,000 on 2003-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $406,493 with a market value of $406,493. This breaks down to $217,600 for the land and $188,893 for the building. The assessed value decreased 4% from $422,166 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.

1241 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 1998 to 2007, with 3 recorded transactions in the public record.

The current assessed value represents 123% 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 $197 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

MICHAEL DILLON
1241 NE 161 ST, MIAMI, FL, 33162-5423
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,651 — $6,490
Flood $400 — $800
Property/Wind $3,251 — $5,690

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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