140 NE 119 ST, North Miami Beach, FL 33161
Parcel: 3021360250020 · Office Building - One Story · Office Building · Zoning: 6100
Assessed Value (2025)
$1,755,000
Property Details
Living Sqft
6,898
Year Built
1953
Lot Sqft
49,803
Stories
1
OFFICE BUILDING - ONE STORY : OFFICE BUILDING
Sales History
1
$475,000
2003-06-01
2
$375,000-21%
2004-12-01
3
$2,250,000+500%
2024-07-22
S B M A LLC → 1186 RETAIL LLC
4
$2,250,000
2024-07-26
Tax Assessment History
$1,755,000
Assessed (2025)
$1,755,000
Market Value
$1,755,000
Taxable Value
$35,730
Annual Tax
2024
$1,342,495
$1,945,595
2025
$1,755,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,755,000 | $1,755,000 | $1,755,000 | $35,730 | $1,494,090 | $260,910 |
| 2024 | $1,342,495 | $1,945,595 | $1,342,495 | $27,332 | $1,494,090 | $451,505 |
About 140 NE 119 ST, North Miami Beach, FL 33161
140 NE 119 ST, North Miami Beach, FL 33161 is a office building - one story : office building built in 1953 with 6,898 square feet of living space on a 49,803 square foot lot. The property is currently owned by 1186 RETAIL LLC 3031 HOUSE LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-07-26 for $2,250,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,755,000 with a market value of $1,755,000.
This breaks down to $1,494,090 for the land and $260,910 for the building. The assessed value increased 31% from $1,342,495 in 2024. The median household income in this area is $78,125, and the median home value is $428,900.
The population density is 8,590 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.
140 NE 119 ST, North Miami Beach, FL 33161 is located in North Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2003 to 2024, with 4 recorded transactions in the public record.
The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $326 per square foot — a key metric for comparing value across North Miami Beach's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024161162 | building | F | $12,000 | ||
| C2000151664 | building | expired | $2,400 |
Code Violations 1 open
20260245634 open
2026-01-27
Distress Signals
- 1 open code violation
Current Owner
1186 RETAIL LLC 3031 HOUSE LLC
724 NE 79 ST, MIAMI, FL, 33138
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$21,460 — $39,410
Flood $400 — $800
Property/Wind $21,060 — $38,610
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$78,125
Median Home Value$428,900
Pop. Density8,590/sq mi
Neighborhood 33161
55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
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