1004 NE 118 ST, Biscayne Park, FL 33161

Parcel: 1722320250190 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5900

Assessed Value (2025)
$465,392

Property Details

Beds
4
Baths
2
Living Sqft
1,612
Year Built
1949
Lot Sqft
11,400
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$354,050
2005-12-01
2
N/Anon-market transfer
2008-07-01
3
$135,000
2008-12-11
FEDERAL HOME LOAN MORTGAGE COJORGE MARINONI &W

Tax Assessment History

$465,392
Assessed (2025)
$671,640
Market Value
$465,392
Taxable Value
$9,475
Annual Tax
2024
$423,084
$602,866
2025
$465,392
$671,640
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $465,392 $671,640 $465,392 $9,475
2024 $423,084 $602,866 $423,084 $8,614

About 1004 NE 118 ST, Biscayne Park, FL 33161

1004 NE 118 ST, Biscayne Park, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1949 with 1,612 square feet of living space on a 11,400 square foot lot. The property is currently owned by JORGE MARINONI &W KAREN MARINONI, 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 2008-12-11 for $135,000, when FEDERAL HOME LOAN MORTGAGE CO sold to JORGE MARINONI &W. There are 3 recorded sales for this property. The 2025 assessed value is $465,392 with a market value of $671,640.

This breaks down to $547,200 for the land and $124,440 for the building. The assessed value increased 10% from $423,084 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. 1004 NE 118 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 2005 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 345% 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 $84 per square foot — a key metric for comparing value across Biscayne Park's real estate market..

Current Owner

JORGE MARINONI &W KAREN MARINONI
1002 NE 118TH ST, BISCAYNE PARK, FL, 33161
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,984 — $11,038
Flood $400 — $800
Property/Wind $5,584 — $10,238

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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