1521 NE 118 TER, North Miami Beach, FL 33161
Parcel: 3022320200710 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$489,798
Property Details
Beds
3
Baths
2
Living Sqft
1,392
Year Built
1954
Lot Sqft
8,400
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$485,000
2022-10-28
LEOPOLD MANUEL → 1521 1523 HOLDINGS LLC
2
$670,000+38%
2024-01-05
1521 1523 HOLDINGS LLC → JENNIFER ROMAND
3
$670,000
2024-01-09
4
$100non-market transfer
2024-07-15
JENNIFER ROMAND → SGR PROPERTIES LLC
5
N/A
2024-07-19
Tax Assessment History
$489,798
Assessed (2025)
$489,798
Market Value
$489,798
Taxable Value
$9,972
Annual Tax
2024
$461,427
2025
$489,798
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $489,798 | $489,798 | $489,798 | $9,972 | $344,400 | $145,398 |
| 2024 | $461,427 | $461,427 | $461,427 | $9,394 | $344,655 | $116,772 |
About 1521 NE 118 TER, North Miami Beach, FL 33161
1521 NE 118 TER, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1954 with 1,392 square feet of living space on a 8,400 square foot lot. The property is currently owned by SGR 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.
There are 5 recorded sales for this property. The 2025 assessed value is $489,798 with a market value of $489,798. This breaks down to $344,400 for the land and $145,398 for the building.
The assessed value increased 6% from $461,427 in 2024. The median household income in this area is $75,434, and the median home value is $-666,666,666. The population density is 15,606 people per square mile.
There are active mortgage liens totaling $489,612 recorded against this property. 1521 NE 118 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 2022 to 2024, with 5 recorded transactions in the public record..
Current Owner
SGR PROPERTIES LLC
33 NE 87 ST, EL PORTAL, FL, 33138
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$6,277 — $11,575
Flood $400 — $800
Property/Wind $5,877 — $10,775
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$75,434
Median Home Value$-666,666,666
Pop. Density15,606/sq mi
Neighborhood 33161
55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
Mortgages
ACTIVE
$502,500
PENNYMAC LOAN SERVICES LLC · 2024-01-09
2 satisfied mortgages
SATISFIED 2021-12-03
$82,500
PERICLES CHERFREE
SATISFIED 2021-09-28
$402,500
MOVEMENT MORTGAGE
Est. Total Balance $489,612
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales