1242 NE 109 ST, North Miami Beach, FL 33161

Parcel: 3022320060750 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3700

Assessed Value (2025)
$500,903

Property Details

Beds
5
Baths
3
Living Sqft
2,106
Year Built
1967
Lot Sqft
6,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$70,000
2016-03-24
EMMANUEL BATHELEMYJEAN RICHALSON PAUL
2
$49,300-30%
2019-06-03
JEAN RICHALSON PAULJEAN R PAUL
3
$88,400+79%
2024-02-04
JEAN R PAULEMMANUEL BATHELEMY
4
$88,400
2024-02-05

Tax Assessment History

$500,903
Assessed (2025)
$500,903
Market Value
$500,903
Taxable Value
$10,198
Annual Tax
2024
$300,283
$500,915
2025
$500,903
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $500,903 $500,903 $500,903 $10,198
2024 $300,283 $500,915 $300,283 $6,114

About 1242 NE 109 ST, North Miami Beach, FL 33161

1242 NE 109 ST, North Miami Beach, FL 33161 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1967 with 2,106 square feet of living space on a 6,250 square foot lot. The property is currently owned by EMMANUEL BATHELEMY, 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 2024-02-05 for $88,400. There are 4 recorded sales for this property. The 2025 assessed value is $500,903 with a market value of $500,903.

This breaks down to $312,500 for the land and $188,403 for the building. The assessed value increased 67% from $300,283 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. 1242 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 2016 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 567% 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 $42 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

EMMANUEL BATHELEMY
1232 NE 7 AVE, CAPE CORAL, FL, 33909
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,410 — $11,819
Flood $400 — $800
Property/Wind $6,010 — $11,019

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 →
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