1495 NE 167 ST, North Miami Beach, FL 33162
Parcel: 3022080240010 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 5000
Assessed Value (2025)
$5,329,324
Property Details
Beds
82
Baths
74
Living Sqft
65,936
Year Built
1959
Lot Sqft
96,996
Stories
2
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$3,200,000
2012-11-15
NASSAU APARTMENTS LLC → GRAND ISLAND PLACE II LLC
2
$5,000,000+56%
2015-05-01
GRAND ISLAND PLACE II LLC → GRAND ISLAND SQUARE LLC
3
$11,000,000+120%
2016-05-13
GRAND ISLAND SQUARE LLC → GRAND ISLAND PORTFOLIO LLC
Tax Assessment History
$5,329,324
Assessed (2025)
$7,505,923
Market Value
$5,329,324
Taxable Value
$108,501
Annual Tax
2024
$4,844,840
$7,572,414
2025
$5,329,324
$7,505,923
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $5,329,324 | $7,505,923 | $5,329,324 | $108,501 | $1,163,952 | $6,341,971 |
| 2024 | $4,844,840 | $7,572,414 | $4,844,840 | $98,637 | $1,163,952 | $6,408,462 |
About 1495 NE 167 ST, North Miami Beach, FL 33162
1495 NE 167 ST, North Miami Beach, FL 33162 is a 82-bedroom, 74-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1959 with 65,936 square feet of living space on a 96,996 square foot lot. The property is currently owned by GRAND ISLAND PORTFOLIO LLC C/O BURKE LEIGHTON ASSET MGMT LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2016-05-13 for $11,000,000, when GRAND ISLAND SQUARE LLC sold to GRAND ISLAND PORTFOLIO LLC. The property has appreciated $6,000,000 (120%) since the prior sale of $5,000,000 on 2015-05-01. There are 3 recorded sales for this property.
The 2025 assessed value is $5,329,324 with a market value of $7,505,923. This breaks down to $1,163,952 for the land and $6,341,971 for the building. The assessed value increased 10% from $4,844,840 in 2024.
The median household income in this area is $52,740, and the median home value is $139,000. The population density is 12,766 people per square mile. This property currently has 7 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. 1495 NE 167 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 2012 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 48% 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 $167 per square foot — a key metric for comparing value across North Miami Beach's real estate market..
Building Permits (6)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026020506 | building | F | $75,800 | ||
| C2024174872 | building | F | $4,000 | ||
| C2024175065 | building | F | $4,000 | ||
| C2024175230 | building | F | $4,000 | ||
| C2022148797 | building | F | $6,000 | ||
| C2006209664 | electrical | expired | — |
Code Violations 7 open
20250239405 open
2025-06-16
20230224401 open
2023-09-20
20230224402 open
2023-09-20
20230219457 open
2023-01-04
F2021009586 open
2021-10-22
F2020008101 open
2021-03-25
F2020008102 open
2021-03-25
Distress Signals
- 7 open code violations
Current Owner
GRAND ISLAND PORTFOLIO LLC C/O BURKE LEIGHTON ASSET MGMT LLC
111 JOHN STREET RM 1806, NEW YORK, NY, 10038
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$64,351 — $118,045
Flood $400 — $800
Property/Wind $63,951 — $117,245
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$52,740
Median Home Value$139,000
Pop. Density12,766/sq mi
Neighborhood 33162
56.1%
Owner-Occ
43.9%
Investor
1,526
Flips (4yr)
5,328
New Biz (3yr)
Distress Risk
ELEVATED
45
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