700 NE 160 TER, North Miami Beach, FL 33162

Parcel: 3022180032470 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$427,319

Property Details

Beds
2
Baths
2
Living Sqft
1,294
Year Built
1954
Lot Sqft
8,434
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$60,000
2010-08-12
DEUTSCHE BANK NATIONAL TRENCORE HOME INVESTMENTS LLC
2
$130,000+117%
2011-11-30
ENCORE HOME INVESTMENTS LLCRISHI BALGOBIN
3
$520,000+300%
2022-07-28
RISHI BALGOBINPABLO VELASQUEZ MEJIA
4
$520,000
2022-08-05

Tax Assessment History

$427,319
Assessed (2025)
$427,319
Market Value
$427,319
Taxable Value
$8,700
Annual Tax
2024
$442,318
2025
$427,319
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $427,319 $427,319 $427,319 $8,700
2024 $442,318 $442,318 $442,318 $9,005

About 700 NE 160 TER, North Miami Beach, FL 33162

700 NE 160 TER, North Miami Beach, FL 33162 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,294 square feet of living space on a 8,434 square foot lot. The property is currently owned by PABLO VELASQUEZ MEJIA SEBASTIAN FERNANDEZ RUIZ, 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 2022-08-05 for $520,000. There are 4 recorded sales for this property. The 2025 assessed value is $427,319 with a market value of $427,319.

This breaks down to $286,778 for the land and $140,541 for the building. The assessed value decreased 3% from $442,318 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 $401,895 recorded against this property. 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. 700 NE 160 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 2010 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price. There is 1 active building permit on this property with a combined estimated cost of $540, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $402 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2026062521 building A $540
C2025057056 plumbing F $25
C2024154233 electrical F $120

Code Violations 2 open

20260245722 open
2026-01-30
20240231687 open
2024-07-16

Distress Signals

  • 2 open code violations

Current Owner

PABLO VELASQUEZ MEJIA SEBASTIAN FERNANDEZ RUIZ
741 NW 54 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,527 — $10,201
Flood $400 — $800
Property/Wind $5,127 — $9,401

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
$420,000
~$401,895 bal.
ABEOLUTE HOME MORTGAGE CORPORATION · 2022-08-05
1 satisfied mortgage
SATISFIED 2021-10-26
$27,070
SECRETARY HOUSING URBAN DEVELOPMENT
Est. Total Balance $401,895
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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