1551 NE 143 ST, North Miami Beach, FL 33161

Parcel: 3022200023110 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$465,924

Property Details

Beds
5
Baths
3.5
Living Sqft
2,348
Year Built
1972
Lot Sqft
10,826
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1997-04-01
2
$173,000
2002-11-01
3
$250,000+45%
2018-11-16
MICHAEL THOMPSON &W ALBAROBERT R BAILEY TRS

Tax Assessment History

$465,924
Assessed (2025)
$505,400
Market Value
$465,924
Taxable Value
$9,486
Annual Tax
2024
$423,568
$538,251
2025
$465,924
$505,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $465,924 $505,400 $465,924 $9,486
2024 $423,568 $538,251 $423,568 $8,624

About 1551 NE 143 ST, North Miami Beach, FL 33161

1551 NE 143 ST, North Miami Beach, FL 33161 is a 5-bedroom, 3.5-bathroom multifamily 2-9 units : 2 living units built in 1972 with 2,348 square feet of living space on a 10,826 square foot lot. The property is currently owned by ROBERT R BAILEY TRS ADRIAN SPERKACZ IRREV TR, 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 2018-11-16 for $250,000, when MICHAEL THOMPSON &W ALBA sold to ROBERT R BAILEY TRS. The property has appreciated $77,000 (45%) since the prior sale of $173,000 on 2002-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $465,924 with a market value of $505,400. This breaks down to $303,146 for the land and $202,254 for the building. The assessed value increased 10% from $423,568 in 2024.

The median household income in this area is $42,215, and the median home value is $222,400. The population density is 10,931 people per square mile. 1551 NE 143 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 1997 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 186% 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. Based on the most recent sale, this property traded at $106 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2026019678 building F

Current Owner

ROBERT R BAILEY TRS ADRIAN SPERKACZ IRREV TR
14831 NW 7 AVE, MIAMI, FL, 33181
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,059 — $9,186
Flood $400 — $800
Property/Wind $4,659 — $8,386

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$42,215
Median Home Value$222,400
Pop. Density10,931/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 →
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