940 NE 120 ST, Biscayne Park, FL 33161

Parcel: 1722300450050 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5900

Assessed Value (2025)
$362,605

Property Details

Beds
2
Baths
2
Living Sqft
1,487
Year Built
1948
Lot Sqft
8,625
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$285,000
2006-11-01
2
$155,100-46%
2014-09-30
ENRIQUE A MENENDEZCARRERA USA LLC
3
$265,000+71%
2017-08-07
CARRERA USA LLCGAVAS PROPERTIES LLC

Tax Assessment History

$362,605
Assessed (2025)
$611,809
Market Value
$362,605
Taxable Value
$7,382
Annual Tax
2024
$329,641
$469,497
2025
$362,605
$611,809
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $362,605 $611,809 $362,605 $7,382
2024 $329,641 $469,497 $329,641 $6,711

About 940 NE 120 ST, Biscayne Park, FL 33161

940 NE 120 ST, Biscayne Park, FL 33161 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,487 square feet of living space on a 8,625 square foot lot. The property is currently owned by GAVAS 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 2017-08-07 for $265,000, when CARRERA USA LLC sold to GAVAS PROPERTIES LLC. The property has appreciated $109,900 (71%) since the prior sale of $155,100 on 2014-09-30. There are 3 recorded sales for this property.

The 2025 assessed value is $362,605 with a market value of $611,809. This breaks down to $517,500 for the land and $94,309 for the building. The assessed value increased 10% from $329,641 in 2024.

The median household income in this area is $52,150, and the median home value is $583,700. The population density is 7,861 people per square mile. 940 NE 120 ST, Biscayne Park, FL 33161 is located in Biscayne Park, Florida.

Property records, tax assessments, sales history, and ownership information for this Biscayne Park property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 137% 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 $178 per square foot — a key metric for comparing value across Biscayne Park's real estate market..

Current Owner

GAVAS PROPERTIES LLC
3262 NE 166 ST, MIAMI, FL, 33160
Since: 2026-03-29
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People Behind This Entity

Registered Agent: PEREZ RAMON
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Est. Annual Insurance

$4,751 — $8,777
Flood $400 — $800
Property/Wind $4,351 — $7,977

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$52,150
Median Home Value$583,700
Pop. Density7,861/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →
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