1351 NE 118 ST, North Miami Beach, FL 33161

Parcel: 3022320490080 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$371,421

Property Details

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

Sales History

1
$86,000
1987-08-01
2
N/Anon-market transfer
2007-09-01
3
$238,000
2007-10-01

Tax Assessment History

$371,421
Assessed (2025)
$503,272
Market Value
$371,421
Taxable Value
$7,562
Annual Tax
2024
$337,656
$503,131
2025
$371,421
$503,272
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $371,421 $503,272 $371,421 $7,562
2024 $337,656 $503,131 $337,656 $6,874

About 1351 NE 118 ST, North Miami Beach, FL 33161

1351 NE 118 ST, North Miami Beach, FL 33161 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1967 with 2,500 square feet of living space on a 7,500 square foot lot. The property is currently owned by PERICLES CHERFRERE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2007-10-01 for $238,000. There are 3 recorded sales for this property. The 2025 assessed value is $371,421 with a market value of $503,272.

This breaks down to $307,500 for the land and $195,772 for the building. The assessed value increased 10% from $337,656 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 $150,183 recorded against this property. There are 1 total code violations on record for this property, including 1 that have been resolved.

1351 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 1987 to 2007, with 3 recorded transactions in the public record.

The current assessed value represents 156% 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 $95 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Code Violations

202504001273 lien
Auto Repairs - Residential
2025-03-18

Current Owner

PERICLES CHERFRERE
481 NE 134 ST, MIAMI, FL, 33161-3922
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,857 — $8,971
Flood $400 — $800
Property/Wind $4,457 — $8,171

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 →

Mortgages

ACTIVE
$250,000
~$150,183 bal.
LUBIN MONETTE LLC · 2024-03-15
Est. Total Balance $150,183
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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