1481 NE 108 ST, North Miami Beach, FL 33161

Parcel: 3022320110100 · Multifamily 2-9 Units · 2 Living Units · Zoning: 8900

Assessed Value (2025)
$306,495

Property Details

Beds
3
Baths
2
Living Sqft
2,189
Year Built
1940
Lot Sqft
12,900
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1995-11-01
2
$225,000
2003-10-01

Tax Assessment History

$306,495
Assessed (2025)
$772,764
Market Value
$255,773
Taxable Value
$5,207
Annual Tax
2024
$284,372
$708,441
2025
$306,495
$772,764
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $306,495 $772,764 $255,773 $5,207
2024 $284,372 $708,441 $234,372 $4,772

About 1481 NE 108 ST, North Miami Beach, FL 33161

1481 NE 108 ST, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1940 with 2,189 square feet of living space on a 12,900 square foot lot. The property is currently owned by MIGUEL ORTEGA INGRID VELA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-10-01 for $225,000. The 2025 assessed value is $306,495 with a market value of $772,764. This breaks down to $580,500 for the land and $192,264 for the building.

The assessed value increased 8% from $284,372 in 2024. The property has the following tax exemptions: homestead. 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 2 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.

1481 NE 108 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 1995 to 2003, with 2 recorded transactions in the public record.

The current assessed value represents 136% 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 $103 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Code Violations 2 open

20250237064 open
2025-03-04
20250236913 open
2025-02-24

Distress Signals

  • 2 open code violations

Current Owner

MIGUEL ORTEGA INGRID VELA
1481 NE 108 ST, MIAMI, FL, 33161-7424
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,077 — $7,542
Flood $400 — $800
Property/Wind $3,677 — $6,742

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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