2140 NW 123 ST, North Miami, FL 33167
Parcel: 3021270012180 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$95,926
Property Details
Beds
2
Baths
1
Living Sqft
1,267
Year Built
1951
Lot Sqft
14,670
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
1996-04-01
2
$100non-market transfer
2022-04-27
AUGUSTUS COVINGTON &W SHIRLEY M → AUGUSTUS COVINGTON LE
3
$465,000
2025-07-01
SHIRLEY M COVINGTON LE → LUIS ALBERTO CORREA VERA
4
$465,000
2025-07-18
Tax Assessment History
$95,926
Assessed (2025)
$426,349
Market Value
$40,204
Taxable Value
$819
Annual Tax
2024
$93,223
$431,885
2025
$95,926
$426,349
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $95,926 | $426,349 | $40,204 | $819 | $308,085 | $118,264 |
| 2024 | $93,223 | $431,885 | $43,223 | $880 | $278,846 | $153,039 |
About 2140 NW 123 ST, North Miami, FL 33167
2140 NW 123 ST, North Miami, FL 33167 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1951 with 1,267 square feet of living space on a 14,670 square foot lot. The property is currently owned by LUIS ALBERTO CORREA VERA, 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 2025-07-18 for $465,000. There are 4 recorded sales for this property. The 2025 assessed value is $95,926 with a market value of $426,349.
This breaks down to $308,085 for the land and $118,264 for the building. The assessed value increased 3% from $93,223 in 2024. The property has the following tax exemptions: homestead.
The median household income in this area is $54,322, and the median home value is $331,400. The population density is 7,858 people per square mile. There are active mortgage liens totaling $391,604 recorded against this property.
This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 2140 NW 123 ST, North Miami, FL 33167 is located in North Miami, Florida.
Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 21% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. There are 2 active building permits on this property with a combined estimated cost of $175, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $367 per square foot — a key metric for comparing value across North Miami's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026018701 | building | A | — | ||
| C2026047347 | electrical | A | $175 |
Code Violations 1 open
20260244949 open
2025-12-19
Distress Signals
- 1 open code violation
Current Owner
LUIS ALBERTO CORREA VERA
2140 NW 123 ST, MIAMI, FL, 33167
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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$54,322
Median Home Value$331,400
Pop. Density7,858/sq mi
Neighborhood 33167
63.4%
Owner-Occ
36.6%
Investor
138
Flips (4yr)
1,280
New Biz (3yr)
Distress Risk
MODERATE
37
Mortgages
ACTIVE
$395,250
NEXERA HOLDING LLC · 2025-07-18
Est. Total Balance $391,604
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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