940 NE 172 ST, North Miami Beach, FL 33162

Parcel: 3022070170040 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$644,706

Property Details

Beds
3
Baths
1.5
Living Sqft
1,518
Year Built
1954
Lot Sqft
8,273
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$133,000
2001-11-01
2
$149,000+12%
2016-04-20
TOVA GREENBAUM JACOB FRIEDMAN
3
$400,000+168%
2022-03-24
JACOB FRIEDMAN EST OFJACOB LEFKOVITS

Tax Assessment History

$644,706
Assessed (2025)
$644,706
Market Value
$644,706
Taxable Value
$13,126
Annual Tax
2024
$639,190
2025
$644,706
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $644,706 $644,706 $644,706 $13,126
2024 $639,190 $639,190 $639,190 $13,013

About 940 NE 172 ST, North Miami Beach, FL 33162

940 NE 172 ST, North Miami Beach, FL 33162 is a 3-bedroom, 1.5-bathroom residential - single family : 1 unit built in 1954 with 1,518 square feet of living space on a 8,273 square foot lot. The property is currently owned by JACOB LEFKOVITS, 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 2022-03-24 for $400,000, when JACOB FRIEDMAN EST OF sold to JACOB LEFKOVITS. The property has appreciated $251,000 (168%) since the prior sale of $149,000 on 2016-04-20. There are 3 recorded sales for this property.

The 2025 assessed value is $644,706 with a market value of $644,706. This breaks down to $496,392 for the land and $148,314 for the building. The assessed value increased 1% from $639,190 in 2024.

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. 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. 940 NE 172 ST, 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 2001 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 161% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $264 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (7)

Permit #TypeStatusCost
C2025036141 mechanical F
C2024096655 electrical F
C2024095736 plumbing F
C2023080903 building F $60,000
W2023171439 electrical F
C2023135856 plumbing F
C2023039297 building F $5,895

Code Violations 2 open

20220216307 open
2022-06-23
20190194780 open
2018-11-01

Distress Signals

  • 2 open code violations

Current Owner

JACOB LEFKOVITS
1165 53 ST, BROOKLYN, NY, 11219
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$8,136 — $14,983
Flood $400 — $800
Property/Wind $7,736 — $14,183

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$86,750
Median Home Value$481,300
Pop. Density9,398/sq mi

Neighborhood 33162

56.1%
Owner-Occ
43.9%
Investor
1,526
Flips (4yr)
5,328
New Biz (3yr)
Distress Risk
ELEVATED
45
View full risk analysis →
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