254 NE 116 ST, North Miami Beach, FL 33161

254 NE 116 ST, North Miami Beach, FL 33161 is a 3-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1944 with 1,290 square feet of living space on a 8,400 square foot lot. The property is currently owned by ESTALIN ORDONEZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-09-29 for $277,000, when LEC PROPERTY LLC sold to ESTALIN ORDONEZ. The property has appreciated $276,900 (276900%) since the prior sale of $100 on 2017-07-24. There are 3 recorded sales for this property.

The 2025 assessed value is $344,751 with a market value of $591,403. This breaks down to $504,000 for the land and $87,403 for the building. The assessed value increased 3% from $335,035 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.

254 NE 116 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 2013 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 124% 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 $215 per square foot — a key metric for comparing value across North Miami Beach's real estate market..