850 NE 172 TER, North Miami Beach, FL 33162

850 NE 172 TER, North Miami Beach, FL 33162 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,278 square feet of living space on a 8,400 square foot lot. The property is currently owned by ALIGNMENT NMB REALTY LLC, recorded as of 2026-06-20. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-05-28 for $613,000, when SHAKETA PATTERSON sold to YF CLEVELAND HOLDINGS LLC. The property sold for $192,000 less than the prior sale of $805,000 on 2026-05-28. There are 5 recorded sales for this property.

The 2025 assessed value is $121,686 with a market value of $641,714. This breaks down to $504,000 for the land and $137,714 for the building. The assessed value increased 3% from $118,257 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $86,750, and the median home value is $481,300. The population density is 9,398 people per square mile.

850 NE 172 TER, North Miami Beach, FL 33162 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 1999 to 2026, with 5 recorded transactions in the public record.

The current assessed value represents 20% 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 $480 per square foot — a key metric for comparing value across North Miami Beach's real estate market..