1220 NE 116 ST, North Miami Beach, FL 33161

Parcel: 3022320510020 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$482,301

Property Details

Beds
6
Baths
3
Living Sqft
2,592
Year Built
1968
Lot Sqft
13,300
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2014-12-15
ROBERT ROSENWASSER TRSJOSEPH AUDAIN
2
$100non-market transfer
2018-03-20
ROBERT ROSENWASSER TRSJOSEPH ADUDAIN
3
$350,000
2018-06-07
JOSEPH AUDAINLOVELY MOISE

Tax Assessment History

$482,301
Assessed (2025)
$772,264
Market Value
$431,579
Taxable Value
$8,787
Annual Tax
2024
$468,709
$772,522
2025
$482,301
$772,264
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $482,301 $772,264 $431,579 $8,787
2024 $468,709 $772,522 $418,709 $8,525

About 1220 NE 116 ST, North Miami Beach, FL 33161

1220 NE 116 ST, North Miami Beach, FL 33161 is a 6-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1968 with 2,592 square feet of living space on a 13,300 square foot lot. The property is currently owned by LOVELY MOISE, 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 2018-06-07 for $350,000, when JOSEPH AUDAIN sold to LOVELY MOISE. The property has appreciated $349,900 (349900%) since the prior sale of $100 on 2018-03-20. There are 3 recorded sales for this property.

The 2025 assessed value is $482,301 with a market value of $772,264. This breaks down to $545,300 for the land and $226,964 for the building. The assessed value increased 3% from $468,709 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 $348,430 recorded against this property. 1220 NE 116 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 2014 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 138% 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 $135 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2024046672 building F $38,000
C2024036350 building F $27,450

Current Owner

LOVELY MOISE
1222 NE 116TH ST, MIAMI, FL, 33161-6826
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,187 — $11,410
Flood $400 — $800
Property/Wind $5,787 — $10,610

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
$370,000
~$348,430 bal.
ARK-LA-TEX FINANCIAL SERVICES LLC · 2021-07-14
Est. Total Balance $348,430
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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