1245 NE 110 TER, North Miami Beach, FL 33161

Parcel: 3022320100220 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3700

Assessed Value (2025)
$315,993

Property Details

Beds
5
Baths
5
Living Sqft
2,176
Year Built
1946
Lot Sqft
6,250
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$95,000
1992-04-01
2
$410,000+332%
2007-02-01
3
$120,120-71%
2013-07-31
TASHA M MCGRATHFERNANDO MAESTRE

Tax Assessment History

$315,993
Assessed (2025)
$625,000
Market Value
$315,993
Taxable Value
$6,433
Annual Tax
2024
$287,267
$645,000
2025
$315,993
$625,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $315,993 $625,000 $315,993 $6,433
2024 $287,267 $645,000 $287,267 $5,849

About 1245 NE 110 TER, North Miami Beach, FL 33161

1245 NE 110 TER, North Miami Beach, FL 33161 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1946 with 2,176 square feet of living space on a 6,250 square foot lot. The property is currently owned by FERNANDO MAESTRE, 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 2013-07-31 for $120,120, when TASHA M MCGRATH sold to FERNANDO MAESTRE. The property sold for $289,880 less than the prior sale of $410,000 on 2007-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $315,993 with a market value of $625,000. This breaks down to $312,500 for the land and $312,500 for the building. The assessed value increased 10% from $287,267 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. 1245 NE 110 TER, 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 1992 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 263% 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 $55 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

FERNANDO MAESTRE
2035 ARCH CREEK DR, NORTH MIAMI, FL, 33181
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,191 — $7,751
Flood $400 — $800
Property/Wind $3,791 — $6,951

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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