11740 NE 2 AVE, North Miami Beach, FL 33161

Parcel: 3021360250860 · Restaurant Or Cafeteria · Retail Outlet · Zoning: 6100

Assessed Value (2025)
$488,102

Property Details

Baths
2
Living Sqft
952
Year Built
1955
Lot Sqft
15,788
Stories
1
RESTAURANT OR CAFETERIA : RETAIL OUTLET

Sales History

1
N/Anon-market transfer
1998-09-01
2
$335,000
1999-03-01
3
$3,000,000+796%
2024-12-20
MAMA'S REALTY INCMATE VENTURES LLC

Tax Assessment History

$488,102
Assessed (2025)
$488,102
Market Value
$488,102
Taxable Value
$9,937
Annual Tax
2024
$361,886
$488,247
2025
$488,102
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $488,102 $488,102 $488,102 $9,937
2024 $361,886 $488,247 $361,886 $7,368

About 11740 NE 2 AVE, North Miami Beach, FL 33161

11740 NE 2 AVE, North Miami Beach, FL 33161 is a restaurant or cafeteria : retail outlet built in 1955 with 952 square feet of living space on a 15,788 square foot lot. The property is currently owned by MATE VENTURES 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 2024-12-20 for $3,000,000, when MAMA'S REALTY INC sold to MATE VENTURES LLC. The property has appreciated $2,665,000 (796%) since the prior sale of $335,000 on 1999-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $488,102 with a market value of $488,102. This breaks down to $473,640 for the land and $14,462 for the building. The assessed value increased 35% from $361,886 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. 11740 NE 2 AVE, 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 1998 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 16% 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 $3151 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2025071295 building F $9,500

Code Violations 1 open

20250237334 open
2025-03-14

Distress Signals

  • 1 open code violation

Current Owner

MATE VENTURES LLC
291 NE 110 ST, MIAMI, FL, 33161
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$6,257 — $11,538
Flood $400 — $800
Property/Wind $5,857 — $10,738

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 11740

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
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