505 NW 116 TER, North Miami, FL 33168

Parcel: 3021360290600 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$151,694

Property Details

Beds
3
Baths
1
Living Sqft
1,099
Year Built
1948
Lot Sqft
7,204
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2013-04-19
OSWALD MILLERTAINO HERMES AS TRUSTEE CORP
2
$28,500
2013-07-31
TAINO HERMES AS TRUSTEE CORPENIDE JEAN VIL
3
$100non-market transfer
2015-07-27
ENIDE JEAN VILSTEFANIE VIL TRS

Tax Assessment History

$151,694
Assessed (2025)
$322,323
Market Value
$151,694
Taxable Value
$3,088
Annual Tax
2024
$137,904
$321,156
2025
$151,694
$322,323
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $151,694 $322,323 $151,694 $3,088
2024 $137,904 $321,156 $137,904 $2,808

About 505 NW 116 TER, North Miami, FL 33168

505 NW 116 TER, North Miami, FL 33168 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,099 square feet of living space on a 7,204 square foot lot. The property is currently owned by STEFANIE VIL TRS, 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 2015-07-27 for $100, when ENIDE JEAN VIL sold to STEFANIE VIL TRS. The property sold for $28,400 less than the prior sale of $28,500 on 2013-07-31. There are 3 recorded sales for this property.

The 2025 assessed value is $151,694 with a market value of $322,323. This breaks down to $302,597 for the land and $19,726 for the building. The assessed value increased 10% from $137,904 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 2 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 505 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 2013 to 2015, with 3 recorded transactions in the public record..

Building Permits (4)

Permit #TypeStatusCost
C2019150678 zips expired
C2008094108 plumbing expired
C2008091635 mechanical expired
C2008026402 building expired $13,000

Code Violations 2 open

20180190098 open
2018-01-03
A2009002519 open
2009-03-12

Distress Signals

  • 2 open code violations

Current Owner

STEFANIE VIL TRS
505 NW 116 TER, MIAMI, FL, 33168
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,220 — $4,137
Flood $400 — $800
Property/Wind $1,820 — $3,337

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 33168

71.3%
Owner-Occ
28.7%
Investor
192
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
ELEVATED
43
View full risk analysis →
Zoom in to see property sales