265 NE 118 TER, North Miami Beach, FL 33161

265 NE 118 TER, North Miami Beach, FL 33161 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1959 with 2,551 square feet of living space on a 15,560 square foot lot. The property is currently owned by HUSSEINITHA JEAN, 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 2022-10-13 for $789,000. There are 4 recorded sales for this property. The 2025 assessed value is $897,553 with a market value of $1,079,523.

This breaks down to $933,600 for the land and $145,923 for the building. The assessed value increased 7% from $842,246 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 $756,664 recorded against this property.

265 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 2014 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 114% of the most recent sale price. Based on the most recent sale, this property traded at $309 per square foot — a key metric for comparing value across North Miami Beach's real estate market..