1400 NE 111 ST, North Miami Beach, FL 33161

1400 NE 111 ST, North Miami Beach, FL 33161 is a 30-bedroom, 18-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1962 with 16,239 square feet of living space on a 19,180 square foot lot. The property is currently owned by BEST APARTMENTS FLORIDA LLC, 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 2014-02-06 for $1,600,000, when MATOS REFRIGERATION INC sold to BEST APARTMENTS FLORIDA LLC. The property has appreciated $200,000 (14%) since the prior sale of $1,400,000 on 2007-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,108,304 with a market value of $2,500,990. This breaks down to $959,000 for the land and $1,541,990 for the building. The assessed value increased 10% from $1,916,640 in 2024.

The median household income in this area is $61,860, and the median home value is $401,200. The population density is 11,605 people per square mile. This property currently has 4 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 1400 NE 111 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 1998 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 132% 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 $99 per square foot — a key metric for comparing value across North Miami Beach's real estate market..