1531 NE 117 ST, North Miami Beach, FL 33161

1531 NE 117 ST, North Miami Beach, FL 33161 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1960 with 2,314 square feet of living space on a 7,500 square foot lot. The property is currently owned by MALAU PROPERTIES 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 2019-06-03 for $421,500, when CYNTHIA KLAR NEWMAN sold to MALAU PROPERTIES LLC. The property has appreciated $328,100 (351%) since the prior sale of $93,400 on 1995-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $456,286 with a market value of $650,420. This breaks down to $345,000 for the land and $305,420 for the building. The assessed value increased 10% from $414,806 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. 1531 NE 117 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 1971 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price.

Based on the most recent sale, this property traded at $182 per square foot — a key metric for comparing value across North Miami Beach's real estate market..