1590 NE 118 ST, North Miami Beach, FL 33161

1590 NE 118 ST, North Miami Beach, FL 33161 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1963 with 3,340 square feet of living space on a 11,450 square foot lot. The property is currently owned by SHORES BROTHERS PROP MANAGEMENT LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-12-23 for $302,500, when GAMMA OPPORTUNITIES 16 LLC sold to SHORES BROTHERS PROP . The property has appreciated $302,400 (302400%) since the prior sale of $100 on 2010-03-15. There are 3 recorded sales for this property.

The 2025 assessed value is $510,318 with a market value of $715,000. This breaks down to $469,450 for the land and $245,550 for the building. The assessed value increased 10% from $463,926 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. 1590 NE 118 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 2009 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 169% 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 $91 per square foot — a key metric for comparing value across North Miami Beach's real estate market..