1504 NE 118 ST, North Miami Beach, FL 33161

Parcel: 3022320200190 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$411,155

Property Details

Beds
2
Baths
2
Living Sqft
2,073
Year Built
1937
Lot Sqft
7,200
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$74,500
2012-08-20
MARCO SAAVEDRAHIT PROMOCIONES INC
2
$150,000+101%
2015-06-19
HIT PROMOCIONES INCAYUB KHAN
3
$340,000+127%
2020-02-28
AYUB KHANGARY MORENCY

Tax Assessment History

$411,155
Assessed (2025)
$471,277
Market Value
$411,155
Taxable Value
$8,371
Annual Tax
2024
$373,778
$472,346
2025
$411,155
$471,277
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $411,155 $471,277 $411,155 $8,371
2024 $373,778 $472,346 $373,778 $7,610

About 1504 NE 118 ST, North Miami Beach, FL 33161

1504 NE 118 ST, North Miami Beach, FL 33161 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1937 with 2,073 square feet of living space on a 7,200 square foot lot. The property is currently owned by GARY MORENCY MARIE VERONIQUE DORVILUS, 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 2020-02-28 for $340,000, when AYUB KHAN sold to GARY MORENCY. The property has appreciated $190,000 (127%) since the prior sale of $150,000 on 2015-06-19. There are 3 recorded sales for this property.

The 2025 assessed value is $411,155 with a market value of $471,277. This breaks down to $295,200 for the land and $176,077 for the building. The assessed value increased 10% from $373,778 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 $278,981 recorded against this property.

1504 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 2020, with 3 recorded transactions in the public record.

The current assessed value represents 121% 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 $164 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

GARY MORENCY MARIE VERONIQUE DORVILUS
1030 NE 154 TER, MIAMI BEACH, FL, 33162
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,333 — $9,845
Flood $400 — $800
Property/Wind $4,933 — $9,045

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$61,860
Median Home Value$401,200
Pop. Density11,605/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 →

Mortgages

ACTIVE
$297,000
~$278,981 bal.
UNITED WHOLESALE MORTGAGE LLC · 2021-06-10
Est. Total Balance $278,981
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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