231 NE 115 ST, North Miami Beach, FL 33161

231 NE 115 ST, North Miami Beach, FL 33161 is a 8-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1956 with 2,367 square feet of living space on a 7,250 square foot lot. The property is currently owned by CMEW 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 2019-03-21 for $363,000, when ULTRACOW LLC sold to CMEW LLC. The property has appreciated $353,100 (3567%) since the prior sale of $9,900 on 2017-07-28. There are 3 recorded sales for this property.

The 2025 assessed value is $495,819 with a market value of $620,398. This breaks down to $435,000 for the land and $185,398 for the building. The assessed value increased 10% from $450,745 in 2024.

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 $623,572 recorded against this property.

231 NE 115 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 2014 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 137% 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 $153 per square foot — a key metric for comparing value across North Miami Beach's real estate market..