1035 NE 172 TER, North Miami Beach, FL 33162

1035 NE 172 TER, North Miami Beach, FL 33162 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,144 square feet of living space on a 9,040 square foot lot. The property is currently owned by NMB 1035 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 2025-09-12 for $1,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $317,000 with a market value of $672,314.

This breaks down to $542,400 for the land and $129,914 for the building. The assessed value increased 3% from $308,067 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $55,762, and the median home value is $-666,666,666. The population density is 6,120 people per square mile. 1035 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 2009 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 28% 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 $1005 per square foot — a key metric for comparing value across North Miami Beach's real estate market..