1020 NW 116 TER, North Miami, FL 33168

1020 NW 116 TER, North Miami, FL 33168 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 715 square feet of living space on a 6,299 square foot lot. The property is currently owned by WILFREDO JAVIER ORELLANA MARTINEZ, 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 2025-02-13 for $390,000. There are 7 recorded sales for this property. The 2025 assessed value is $196,661 with a market value of $196,661.

This breaks down to $181,104 for the land and $15,557 for the building. The assessed value increased 15% from $170,412 in 2024. 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 $98,558 recorded against this property. 1020 NW 116 TER, North Miami, FL 33168 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 2022 to 2025, with 7 recorded transactions in the public record. The current assessed value represents 50% 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 $545 per square foot — a key metric for comparing value across North Miami's real estate market..