270 NE 118 TER, North Miami Beach, FL 33161

270 NE 118 TER, North Miami Beach, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1957 with 1,404 square feet of living space on a 9,375 square foot lot. The property is currently owned by HARCHAVA 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 2015-09-16 for $121,500, when HSBC BANK USA NATIONAL ASSN TRS sold to HARCHAVA LLC. The property has appreciated $6,400 (6%) since the prior sale of $115,100 on 2014-12-10. There are 3 recorded sales for this property.

The 2025 assessed value is $391,913 with a market value of $670,396. This breaks down to $562,500 for the land and $107,896 for the building. The assessed value increased 10% from $356,285 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. 270 NE 118 TER, 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 2012 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 323% 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 $87 per square foot — a key metric for comparing value across North Miami Beach's real estate market..