655 NE 166 ST, North Miami Beach, FL 33162

Parcel: 3022180030160 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$439,716

Property Details

Beds
6
Baths
6
Living Sqft
4,280
Year Built
1972
Lot Sqft
7,875
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$112,500
1996-02-01
2
$158,000+40%
1996-11-01
3
$170,000+8%
1999-06-01

Tax Assessment History

$439,716
Assessed (2025)
$643,280
Market Value
$439,716
Taxable Value
$8,952
Annual Tax
2024
$399,742
$596,826
2025
$439,716
$643,280
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $439,716 $643,280 $439,716 $8,952
2024 $399,742 $596,826 $399,742 $8,138

About 655 NE 166 ST, North Miami Beach, FL 33162

655 NE 166 ST, North Miami Beach, FL 33162 is a 6-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1972 with 4,280 square feet of living space on a 7,875 square foot lot. The property is currently owned by LUKE STRACHAN, 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 1999-06-01 for $170,000. The property has appreciated $12,000 (8%) since the prior sale of $158,000 on 1996-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $439,716 with a market value of $643,280. This breaks down to $236,250 for the land and $407,030 for the building. The assessed value increased 10% from $399,742 in 2024.

The median household income in this area is $55,492, and the median home value is $305,400. The population density is 14,524 people per square mile. There are active mortgage liens totaling $316,717 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. There are 2 total code violations on record for this property, including 1 that have been resolved.

655 NE 166 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 1996 to 1999, with 3 recorded transactions in the public record.

The current assessed value represents 259% 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. There is 1 active building permit on this property with a combined estimated cost of $8,000, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $40 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2024111830 building A $8,000
C2023074359 building F $8,820

Code Violations 1 open

202604000370 lien
Junk/Trash/Overgrowth on Unimproved/Improved Prop
2026-01-28
F2022011153 open
2022-08-15

Distress Signals

  • 1 open code violation

Current Owner

LUKE STRACHAN
655 NE 166 ST, MIAMI, FL, 33162
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,797 — $8,714
Flood $400 — $800
Property/Wind $4,397 — $7,914

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$55,492
Median Home Value$305,400
Pop. Density14,524/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 →

Mortgages

ACTIVE
$332,000
~$316,717 bal.
JPMORGAN CHASE BANK NA · 2022-05-11
Est. Total Balance $316,717
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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