1540 NE 118 ST, North Miami Beach, FL 33161

1540 NE 118 ST, North Miami Beach, FL 33161 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1951 with 1,720 square feet of living space on a 11,025 square foot lot. The property is currently owned by CESAR AUGUSTO URDANETA CAGUAO JOSE ANTONIO GARCIA, 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 2025-10-14 for $685,000. There are 4 recorded sales for this property. The 2025 assessed value is $239,417 with a market value of $622,082.

This breaks down to $452,025 for the land and $170,057 for the building. The assessed value increased 8% from $222,476 in 2024. The property has the following tax exemptions: homestead.

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 $657,676 recorded against this property.

1540 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 2012 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 35% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $398 per square foot — a key metric for comparing value across North Miami Beach's real estate market..