16040 NE 2 AVE, North Miami Beach, FL 33162

16040 NE 2 AVE, North Miami Beach, FL 33162 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 1,324 square feet of living space on a 13,682 square foot lot. The property is currently owned by CARIDAD M VEGA, 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 2005-03-01 for $143,000. The property has appreciated $33,000 (30%) since the prior sale of $110,000 on 2005-02-01. The 2025 assessed value is $225,383 with a market value of $500,200.

This breaks down to $314,701 for the land and $185,499 for the building. The assessed value increased 3% from $219,032 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $34,922, and the median home value is $447,000. The population density is 4,157 people per square mile. This property currently has 2 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 16040 NE 2 AVE, 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 sourced from miami_dade County public records.

The complete ownership history of this property spans from 2005 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 158% 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 $108 per square foot — a key metric for comparing value across North Miami Beach's real estate market..