401 NE 115 ST, North Miami Beach, FL 33161

Parcel: 3022310530060 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$773,249

Property Details

Beds
3
Baths
2
Living Sqft
2,211
Year Built
1960
Lot Sqft
10,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$48,000
1978-12-01
2
$390,000+713%
2019-07-16
JOSE CORREA &W CARROLELIZABETH JANE HAYES
3
$649,900+67%
2021-09-22
ELIZABETH JANE HAYESJAY PATEL

Tax Assessment History

$773,249
Assessed (2025)
$837,609
Market Value
$773,249
Taxable Value
$15,743
Annual Tax
2024
$702,954
$774,861
2025
$773,249
$837,609
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $773,249 $837,609 $773,249 $15,743
2024 $702,954 $774,861 $702,954 $14,312

About 401 NE 115 ST, North Miami Beach, FL 33161

401 NE 115 ST, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 2,211 square feet of living space on a 10,875 square foot lot. The property is currently owned by JAY PATEL, 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 2021-09-22 for $649,900, when ELIZABETH JANE HAYES sold to JAY PATEL. The property has appreciated $259,900 (67%) since the prior sale of $390,000 on 2019-07-16. There are 3 recorded sales for this property.

The 2025 assessed value is $773,249 with a market value of $837,609. This breaks down to $652,500 for the land and $185,109 for the building. The assessed value increased 10% from $702,954 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 $543,428 recorded against this property.

There are 1 total code violations on record for this property, including 1 that have been resolved. 401 NE 115 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 1978 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $294 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (4)

Permit #TypeStatusCost
C2025121114 electrical F
C2025121467 plumbing F
C2025086660 building F $20,850
C2025033780 electrical F $800

Code Violations

202504004108 lien
Vacation Rental
2025-09-10

Current Owner

JAY PATEL
356 S BROADWAY UNIT H, SALEM, NH, 03079
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$9,678 — $17,811
Flood $400 — $800
Property/Wind $9,278 — $17,011

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
$590,000
~$543,428 bal.
LIVE OAK BANKING COMPANY · 2025-03-14
1 satisfied mortgage
SATISFIED 2021-10-18
$483,200
BANK OF AMERICA NA
Est. Total Balance $543,428
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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