500 NE 114 ST, North Miami Beach, FL 33161
Parcel: 3022310490080 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$630,417
Property Details
Beds
3
Baths
2
Living Sqft
1,858
Year Built
1955
Lot Sqft
7,482
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$660,000
2022-07-06
ALAIN D OLIVIER &W → STEVEN LORENZO
2
$660,000
2022-07-12
3
$100non-market transfer
2022-12-29
STEVEN LORENZO → 10X INVESTMENTS OF FLORIDA 4 LLC
4
N/A
2022-12-29
5
$950,000
2025-05-29
10X INVESTMENTS OF FLORIDA 4 LLC → ALFREDO A BRACHO SALOMEH
6
$950,000
2025-06-06
Tax Assessment History
$630,417
Assessed (2025)
$630,417
Market Value
$630,417
Taxable Value
$12,835
Annual Tax
2024
$603,561
$631,817
2025
$630,417
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $630,417 | $630,417 | $630,417 | $12,835 | $448,920 | $181,497 |
| 2024 | $603,561 | $631,817 | $603,561 | $12,288 | $400,007 | $231,810 |
About 500 NE 114 ST, North Miami Beach, FL 33161
500 NE 114 ST, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1955 with 1,858 square feet of living space on a 7,482 square foot lot. The property is currently owned by ALFREDO A BRACHO SALOMEH KARLEK D GONZALEZ CASTELLANOS, 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 2025-06-06 for $950,000. There are 6 recorded sales for this property. The 2025 assessed value is $630,417 with a market value of $630,417.
This breaks down to $448,920 for the land and $181,497 for the building. The assessed value increased 4% from $603,561 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 $846,314 recorded against this property. 500 NE 114 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 2022 to 2025, with 6 recorded transactions in the public record. The current assessed value represents 66% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $511 per square foot — a key metric for comparing value across North Miami Beach's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023130384 | building | F | $22,000 |
Current Owner
ALFREDO A BRACHO SALOMEH KARLEK D GONZALEZ CASTELLANOS
500 NE 114 ST, MIAMI, FL, 33161
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$7,965 — $14,669
Flood $400 — $800
Property/Wind $7,565 — $13,869
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
Mortgages
ACTIVE
$855,000
NQM LENDING LLC · 2025-06-06
1 satisfied mortgage
SATISFIED 2022-07-12
$594,000
ATHAS CAPITAL GROUP INC
Est. Total Balance $846,314
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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