275 NE 114 ST, North Miami Beach, FL 33161

Parcel: 3022310230130 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$127,318

Property Details

Beds
2
Baths
1
Living Sqft
1,339
Year Built
1952
Lot Sqft
6,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2009-09-17
LUCIA A FERRERELOISA M FERRER
2
$100non-market transfer
2009-11-03
ELOISA M FERRERELOISA M FERRER JTRS
3
$433,000
2025-07-07
ELOISA M FERRER JTRSMITLAR LLC
4
$433,000
2025-07-17

Tax Assessment History

$127,318
Assessed (2025)
$523,113
Market Value
$76,596
Taxable Value
$1,559
Annual Tax
2024
$123,730
$474,559
2025
$127,318
$523,113
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $127,318 $523,113 $76,596 $1,559
2024 $123,730 $474,559 $73,730 $1,501

About 275 NE 114 ST, North Miami Beach, FL 33161

275 NE 114 ST, North Miami Beach, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,339 square feet of living space on a 6,840 square foot lot. The property is currently owned by MITLAR 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 2025-07-17 for $433,000. There are 4 recorded sales for this property. The 2025 assessed value is $127,318 with a market value of $523,113.

This breaks down to $410,400 for the land and $112,713 for the building. The assessed value increased 3% from $123,730 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $78,125, and the median home value is $428,900. The population density is 8,590 people per square mile. There are active mortgage liens totaling $278,854 recorded against this property.

275 NE 114 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 2009 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 29% 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. There are 3 active building permits on this property, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $323 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (5)

Permit #TypeStatusCost
C2026104204 plumbing A
W2026104590 electrical A
C2026084763 building A
C2026038472 building F
C2024099035 building F $23,600

Current Owner

MITLAR LLC
2 S BISCAYNE BLVD STE 3200 #4494, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,927 — $3,800
Flood $400 — $800
Property/Wind $1,527 — $3,000

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$78,125
Median Home Value$428,900
Pop. Density8,590/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
$281,450
~$278,854 bal.
A&D MORTGAGE LLC · 2025-07-17
Est. Total Balance $278,854
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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