345 NE 118 TER, North Miami Beach, FL 33161

Parcel: 3022310370400 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$821,089

Property Details

Beds
3
Baths
2
Living Sqft
2,415
Year Built
1958
Lot Sqft
10,160
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$180,000
2015-04-21
RAFAEL PEREZSARAH PEREZ SHAW
2
$100non-market transfer
2022-04-18
SARAH PEREZ SHAWSARAH J PEREZ SHAW TRS
3
$1,175,000
2023-05-22
SARAH J PEREZ SHAW TRSJOSE TADEU CAVALINI FERREIRA
4
$1,175,000
2023-06-07

Tax Assessment History

$821,089
Assessed (2025)
$821,089
Market Value
$770,367
Taxable Value
$15,684
Annual Tax
2024
$838,033
2025
$821,089
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $821,089 $821,089 $770,367 $15,684
2024 $838,033 $838,033 $788,033 $16,044

About 345 NE 118 TER, North Miami Beach, FL 33161

345 NE 118 TER, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1958 with 2,415 square feet of living space on a 10,160 square foot lot. The property is currently owned by JOSE TADEU CAVALINI FERREIRA MARIANA COELHO GOMES FERREIRA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-06-07 for $1,175,000. There are 4 recorded sales for this property. The 2025 assessed value is $821,089 with a market value of $821,089.

This breaks down to $609,600 for the land and $211,489 for the building. The assessed value decreased 2% from $838,033 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 $909,233 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 345 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 2015 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price.

Based on the most recent sale, this property traded at $487 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Code Violations 1 open

20240225234 open
2023-11-01

Distress Signals

  • 1 open code violation

Current Owner

JOSE TADEU CAVALINI FERREIRA MARIANA COELHO GOMES FERREIRA
345 NE 118 TER, MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,253 — $18,863
Flood $400 — $800
Property/Wind $9,853 — $18,063

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
$940,000
~$909,233 bal.
CHANGE LENDING LLC · 2023-06-07
1 satisfied mortgage
SATISFIED 2022-04-22
$455,000
FEMBI MORTGAGE
Est. Total Balance $909,233
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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