1261 NW 116 TER, North Miami, FL 33167

Parcel: 3021350060840 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$120,917

Property Details

Beds
2
Baths
1
Living Sqft
1,070
Year Built
1952
Lot Sqft
6,170
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$160,000
2005-10-01
2
$100non-market transfer
2019-08-23
LUIS OCEJOLAZARA GONZALEZ

Tax Assessment History

$120,917
Assessed (2025)
$343,828
Market Value
$70,195
Taxable Value
$1,429
Annual Tax
2024
$65,519
$281,639
2025
$120,917
$343,828
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $120,917 $343,828 $70,195 $1,429
2024 $65,519 $281,639 $25,000 $509

About 1261 NW 116 TER, North Miami, FL 33167

1261 NW 116 TER, North Miami, FL 33167 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,070 square feet of living space on a 6,170 square foot lot. The property is currently owned by LAZARA GONZALEZ LUIS OCEJO, 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 2019-08-23 for $100, when LUIS OCEJO sold to LAZARA GONZALEZ. The property sold for $159,900 less than the prior sale of $160,000 on 2005-10-01. The 2025 assessed value is $120,917 with a market value of $343,828.

This breaks down to $178,939 for the land and $164,889 for the building. The assessed value increased 85% from $65,519 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $59,426, and the median home value is $282,700. The population density is 11,031 people per square mile. 1261 NW 116 TER, 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 2005 to 2019, with 2 recorded transactions in the public record..

Current Owner

LAZARA GONZALEZ LUIS OCEJO
1261 NW 116 TER, MIAMI, FL, 33167
Since: 2026-04-19
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$59,426
Median Home Value$282,700
Pop. Density11,031/sq mi

Neighborhood 33167

63.4%
Owner-Occ
36.6%
Investor
138
Flips (4yr)
1,280
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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