1140 NE 111 ST, North Miami Beach, FL 33161

Parcel: 3022320030760 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$430,077

Property Details

Beds
4
Baths
2
Living Sqft
1,863
Year Built
1957
Lot Sqft
6,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$123,000
2014-03-31
U S BANK NA TRSREYNA BEHAR
2
$100non-market transfer
2014-07-25
U S BANK NA TRS2 STARS LLC
3
$300,000
2017-12-08
2 STARS LLCOSCAR PAYA

Tax Assessment History

$430,077
Assessed (2025)
$430,077
Market Value
$379,355
Taxable Value
$7,723
Annual Tax
2024
$431,634
2025
$430,077
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $430,077 $430,077 $379,355 $7,723
2024 $431,634 $431,634 $381,634 $7,770

About 1140 NE 111 ST, North Miami Beach, FL 33161

1140 NE 111 ST, North Miami Beach, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1957 with 1,863 square feet of living space on a 6,250 square foot lot. The property is currently owned by OSCAR PAYA, 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 2017-12-08 for $300,000, when 2 STARS LLC sold to OSCAR PAYA. The property has appreciated $299,900 (299900%) since the prior sale of $100 on 2014-07-25. There are 3 recorded sales for this property.

The 2025 assessed value is $430,077 with a market value of $430,077. This breaks down to $256,250 for the land and $173,827 for the building. The assessed value decreased 0% from $431,634 in 2024.

The property has the following tax exemptions: homestead. 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.

There are active mortgage liens totaling $314,348 recorded against this property. 1140 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 2014 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 143% 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 $161 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

OSCAR PAYA
1140 NE 111 ST, BISCAYNE PARK, FL, 33161
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,560 — $10,261
Flood $400 — $800
Property/Wind $5,160 — $9,461

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$61,860
Median Home Value$401,200
Pop. Density11,605/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
$330,000
~$314,348 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2022-04-08
Est. Total Balance $314,348
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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