1040 NW 116 TER, North Miami, FL 33168
Parcel: 3021350160420 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$151,463
Property Details
Beds
2
Baths
1
Living Sqft
953
Year Built
1950
Lot Sqft
6,302
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2009-11-25
EDDY GEORGEON & → FEDERAL NATIONAL MORTGAGE ASSOC
2
$28,017
2010-04-08
FEDERAL NATIONAL MORTGAGE ASSOC → CARLOS RIOS
3
$100non-market transfer
2010-06-07
CARLOS RIOS → 79TH ST INVESTMENTS LLC
Tax Assessment History
$151,463
Assessed (2025)
$279,556
Market Value
$151,463
Taxable Value
$3,084
Annual Tax
2024
$137,694
$253,750
2025
$151,463
$279,556
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $151,463 | $279,556 | $151,463 | $3,084 | $181,194 | $98,362 |
| 2024 | $137,694 | $253,750 | $137,694 | $2,803 | $150,831 | $102,919 |
About 1040 NW 116 TER, North Miami, FL 33168
1040 NW 116 TER, North Miami, FL 33168 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 953 square feet of living space on a 6,302 square foot lot. The property is currently owned by 79TH ST INVESTMENTS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2010-06-07 for $100, when CARLOS RIOS sold to 79TH ST INVESTMENTS LLC. The property sold for $27,917 less than the prior sale of $28,017 on 2010-04-08. There are 3 recorded sales for this property.
The 2025 assessed value is $151,463 with a market value of $279,556. This breaks down to $181,194 for the land and $98,362 for the building. The assessed value increased 10% from $137,694 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. 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. 1040 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 2009 to 2010, with 3 recorded transactions in the public record..
Code Violations 1 open
20180193997 open
2018-09-14
Distress Signals
- 1 open code violation
Current Owner
79TH ST INVESTMENTS LLC
12555 BISCAYNE BLVD 792, MIAMI, FL, 33181
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$2,217 — $4,132
Flood $400 — $800
Property/Wind $1,817 — $3,332
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 33168
71.3%
Owner-Occ
28.7%
Investor
192
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
ELEVATED
43
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