1241 NE 113 TER, North Miami Beach, FL 33161

1241 NE 113 TER, North Miami Beach, FL 33161 is a 4-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1972 with 2,356 square feet of living space on a 19,200 square foot lot. The property is currently owned by 11341 REALTY 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 2023-06-16 for $785,000. There are 4 recorded sales for this property. The 2025 assessed value is $993,074 with a market value of $993,074.

This breaks down to $787,200 for the land and $205,874 for the building. The assessed value increased 0% from $993,003 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. There are active mortgage liens totaling $413,282 recorded against this property. There are 1 total code violations on record for this property, including 1 that have been resolved.

1241 NE 113 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 2001 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 127% 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 $333 per square foot — a key metric for comparing value across North Miami Beach's real estate market..