1120 NE 205 TER, Ives Estates, FL 33179

Parcel: 3012320060020 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$326,808

Property Details

Beds
4
Baths
3
Living Sqft
2,114
Year Built
1962
Lot Sqft
7,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$93,000
1991-06-01
2
$147,000+58%
2016-05-27
RICHARD J HUNTER SBP GROUP LLC
3
$327,500+123%
2016-11-11
SBP GROUP LLCPATRICK L NELSON

Tax Assessment History

$326,808
Assessed (2025)
$511,624
Market Value
$276,086
Taxable Value
$5,621
Annual Tax
2024
$317,598
$477,194
2025
$326,808
$511,624
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $326,808 $511,624 $276,086 $5,621
2024 $317,598 $477,194 $267,598 $5,448

About 1120 NE 205 TER, Ives Estates, FL 33179

1120 NE 205 TER, Ives Estates, FL 33179 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1962 with 2,114 square feet of living space on a 7,875 square foot lot. The property is currently owned by PATRICK L NELSON LINDA M ERA NELSON, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-11-11 for $327,500, when SBP GROUP LLC sold to PATRICK L NELSON. The property has appreciated $180,500 (123%) since the prior sale of $147,000 on 2016-05-27. There are 3 recorded sales for this property.

The 2025 assessed value is $326,808 with a market value of $511,624. This breaks down to $236,250 for the land and $275,374 for the building. The assessed value increased 3% from $317,598 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $72,007, and the median home value is $385,000. The population density is 5,328 people per square mile. 1120 NE 205 TER, Ives Estates, FL 33179 is located in Ives Estates, Florida.

Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1991 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price.

Based on the most recent sale, this property traded at $155 per square foot — a key metric for comparing value across Ives Estates's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2024060067 building F

Current Owner

PATRICK L NELSON LINDA M ERA NELSON
1120 NE 205 TER, MIAMI, FL, 33179
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,321 — $7,989
Flood $400 — $800
Property/Wind $3,921 — $7,189

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$72,007
Median Home Value$385,000
Pop. Density5,328/sq mi

Neighborhood 33179

36.8%
Owner-Occ
63.2%
Investor
249
Flips (4yr)
5,543
New Biz (3yr)
Distress Risk
ELEVATED
40
View full risk analysis →
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