1341 NE 118 ST, North Miami Beach, FL 33161

Parcel: 3022320490070 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$307,737

Property Details

Beds
6
Baths
3
Living Sqft
2,294
Year Built
1967
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2003-03-01
2
$160,000
2003-05-01
3
$169,000+6%
2010-03-31
EZITA HOLDINGS INCALBERT MOREL &W

Tax Assessment History

$307,737
Assessed (2025)
$485,250
Market Value
$307,737
Taxable Value
$6,265
Annual Tax
2024
$279,761
$485,161
2025
$307,737
$485,250
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $307,737 $485,250 $307,737 $6,265
2024 $279,761 $485,161 $279,761 $5,696

About 1341 NE 118 ST, North Miami Beach, FL 33161

1341 NE 118 ST, North Miami Beach, FL 33161 is a 6-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1967 with 2,294 square feet of living space on a 7,500 square foot lot. The property is currently owned by ALBERT MOREL &W BAHIE MOREL, 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 2010-03-31 for $169,000, when EZITA HOLDINGS INC sold to ALBERT MOREL &W. The property has appreciated $9,000 (6%) since the prior sale of $160,000 on 2003-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $307,737 with a market value of $485,250. This breaks down to $307,500 for the land and $177,750 for the building. The assessed value increased 10% from $279,761 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. 1341 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 2003 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 182% 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 $74 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

ALBERT MOREL &W BAHIE MOREL
PO BOX 612091, NORTH MIAMI, FL, 33262
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,092 — $7,570
Flood $400 — $800
Property/Wind $3,692 — $6,770

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
View full risk analysis →
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