1390 NW 116 TER, North Miami, FL 33167

1390 NW 116 TER, North Miami, FL 33167 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1958 with 1,242 square feet of living space on a 6,760 square foot lot. The property is currently owned by MIGUEL A BORGES JR & JOANDELIZ BORGES JTRS, 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 2007-07-01 for $215,000. The property has appreciated $65,000 (43%) since the prior sale of $150,000 on 2007-03-01. The 2025 assessed value is $75,392 with a market value of $309,417.

This breaks down to $189,280 for the land and $120,137 for the building. The assessed value increased 3% from $73,268 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. There are active mortgage liens totaling $188,952 recorded against this property.

1390 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 2007 to 2007, with 2 recorded transactions in the public record.

The current assessed value represents 35% 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. Based on the most recent sale, this property traded at $173 per square foot — a key metric for comparing value across North Miami's real estate market..