1491 NE 109 ST, North Miami Beach, FL 33161

Parcel: 3022320060160 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$395,000

Property Details

Beds
4
Baths
2
Living Sqft
1,534
Year Built
1948
Lot Sqft
6,200
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$260,000
2005-05-01
2
$77,000-70%
2011-10-12
DUNIELQUI LLAUGERTFRANK WILLENBORG
3
$250,000+225%
2015-02-24
FRANK WILLENBORGPALOMA PROPERTY HOLDINGS LLC

Tax Assessment History

$395,000
Assessed (2025)
$395,000
Market Value
$395,000
Taxable Value
$8,042
Annual Tax
2024
$370,697
$425,937
2025
$395,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $395,000 $395,000 $395,000 $8,042
2024 $370,697 $425,937 $370,697 $7,547

About 1491 NE 109 ST, North Miami Beach, FL 33161

1491 NE 109 ST, North Miami Beach, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,534 square feet of living space on a 6,200 square foot lot. The property is currently owned by PALOMA PROPERTY HOLDINGS 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 2015-02-24 for $250,000, when FRANK WILLENBORG sold to PALOMA PROPERTY HOLDINGS LLC. The property has appreciated $173,000 (225%) since the prior sale of $77,000 on 2011-10-12. There are 3 recorded sales for this property.

The 2025 assessed value is $395,000 with a market value of $395,000. This breaks down to $295,000 for the land and $100,000 for the building. The assessed value increased 7% from $370,697 in 2024.

The median household income in this area is $61,925, and the median home value is $340,900. The population density is 12,191 people per square mile. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 1491 NE 109 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 2005 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 158% 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 $163 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Code Violations 1 open

20220216970 open
2022-08-01

Distress Signals

  • 1 open code violation

Current Owner

PALOMA PROPERTY HOLDINGS LLC
2300 W 84 ST SUITE 112, HIALEAH, FL, 33016
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: FLORIDA ANNUAL REPORT SERVICES, INC
View on Sunbiz →

Est. Annual Insurance

$5,140 — $9,490
Flood $400 — $800
Property/Wind $4,740 — $8,690

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$61,925
Median Home Value$340,900
Pop. Density12,191/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 →
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