1550 NE 147 ST, North Miami Beach, FL 33161

Parcel: 3022200022390 · Office Building - One Story · Office Building · Zoning: 6100

Assessed Value (2025)
$1,389,616

Property Details

Living Sqft
4,520
Year Built
2003
Lot Sqft
23,486
Stories
1
OFFICE BUILDING - ONE STORY : OFFICE BUILDING

Sales History

1
$185,000
2000-07-01
2
$555,000+200%
2010-12-21
R G L M INCORPORATEDJAMES MONTES
3
$2,608,600+370%
2024-12-19
JAMES MONTESMAGIC FLUTE LLC
4
$2,608,600
2025-01-08

Tax Assessment History

$1,389,616
Assessed (2025)
$1,389,616
Market Value
$1,389,616
Taxable Value
$28,291
Annual Tax
2024
$1,112,873
$1,160,313
2025
$1,389,616
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,389,616 $1,389,616 $1,389,616 $28,291
2024 $1,112,873 $1,160,313 $0

About 1550 NE 147 ST, North Miami Beach, FL 33161

1550 NE 147 ST, North Miami Beach, FL 33161 is a office building - one story : office building built in 2003 with 4,520 square feet of living space on a 23,486 square foot lot. The property is currently owned by MAGIC FLUTE 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 2025-01-08 for $2,608,600. There are 4 recorded sales for this property. The 2025 assessed value is $1,389,616 with a market value of $1,389,616.

This breaks down to $939,440 for the land and $450,176 for the building. The assessed value increased 25% from $1,112,873 in 2024. The median household income in this area is $48,500, and the median home value is $314,800.

The population density is 12,254 people per square mile. There are active mortgage liens totaling $2,505,000 recorded against this property. 1550 NE 147 ST, North Miami Beach, FL 33161 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 2000 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 53% 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 $577 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2025050632 building F $11,250
W2024066020 building F

Current Owner

MAGIC FLUTE LLC
17100 COLLINS AVE, SUNNY ISLES BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: Pupysheva Anna
View on Sunbiz →

Est. Annual Insurance

$8,737 — $14,696
Flood $400 — $800
Property/Wind $8,337 — $13,896

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$48,500
Median Home Value$314,800
Pop. Density12,254/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$2,505,000
CRF SMALL BUSINESS LOAN COMPANY LLC · 2025-01-08
Est. Total Balance $2,505,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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