16501 NE 5 AVE, North Miami Beach, FL 33162

Parcel: 3022180050480 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$460,019

Property Details

Beds
4
Baths
3
Living Sqft
1,815
Year Built
1968
Lot Sqft
7,224
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2015-06-17
ORBIS CAPITAL INVEST LLC NO 3ORBIS CAPITAL III LLC
2
$250,000
2018-06-29
ORBIS CAPITAL III LLCMARIE CARMELLE JOLIBOIS
3
$530,000+112%
2023-06-15
MARIE CARMELLE JOLIBOISBOLLOU 16501 LLC
4
$530,000
2023-06-28

Tax Assessment History

$460,019
Assessed (2025)
$460,019
Market Value
$460,019
Taxable Value
$9,366
Annual Tax
2024
$459,637
2025
$460,019
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $460,019 $460,019 $460,019 $9,366
2024 $459,637 $459,637 $459,637 $9,358

About 16501 NE 5 AVE, North Miami Beach, FL 33162

16501 NE 5 AVE, North Miami Beach, FL 33162 is a 4-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1968 with 1,815 square feet of living space on a 7,224 square foot lot. The property is currently owned by BOLLOU 16501 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 2023-06-28 for $530,000. There are 4 recorded sales for this property. The 2025 assessed value is $460,019 with a market value of $460,019.

This breaks down to $310,666 for the land and $149,353 for the building. The assessed value increased 0% from $459,637 in 2024. The median household income in this area is $37,334, and the median home value is $356,400.

The population density is 10,347 people per square mile. There are active mortgage liens totaling $231,286 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. 16501 NE 5 AVE, 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 2015 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $292 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023126050 zips F

Code Violations 1 open

20240225522 open
2023-11-09

Distress Signals

  • 1 open code violation

Current Owner

BOLLOU 16501 LLC
14761 S SPUR DR, MIAMI, FL, 33161
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: LECSAINT KEVIN
View on Sunbiz →

Est. Annual Insurance

$5,920 — $10,920
Flood $400 — $800
Property/Wind $5,520 — $10,120

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$37,334
Median Home Value$356,400
Pop. Density10,347/sq mi

Neighborhood 16501

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →

Mortgages

ACTIVE
$269,500
~$231,286 bal.
ARK-LA-TEX FINANCIAL SERVICES LLC · 2021-04-30
Est. Total Balance $231,286
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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