1651 NE 115 ST 5C, North Miami, FL 33181

Parcel: 3022320650930 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$90,190

Property Details

Beds
2
Baths
2
Living Sqft
1,300
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2016-09-09
NATIONSTAR MORTGAGE LLCBANK OF AMERICA NA TRS
2
$125,000
2016-09-15
BANK OF AMERICA NA TRSNORMA LALLOUZ
3
$237,500+90%
2018-09-04
NORMA LALLOUZLUIS REYES

Tax Assessment History

$90,190
Assessed (2025)
$306,100
Market Value
$39,468
Taxable Value
$804
Annual Tax
2024
$87,649
$306,100
2025
$90,190
$306,100
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $90,190 $306,100 $39,468 $804
2024 $87,649 $306,100 $37,649 $767

About 1651 NE 115 ST 5C, North Miami, FL 33181

1651 NE 115 ST 5C, North Miami, FL 33181 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1974 with 1,300 square feet of living space. The property is currently owned by LUIS REYES IBIS NASELLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-09-04 for $237,500, when NORMA LALLOUZ sold to LUIS REYES. The property has appreciated $112,500 (90%) since the prior sale of $125,000 on 2016-09-15. There are 3 recorded sales for this property.

The 2025 assessed value is $90,190 with a market value of $306,100. The assessed value increased 3% from $87,649 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $61,925, and the median home value is $340,900. The population density is 12,191 people per square mile. 1651 NE 115 ST 5C, North Miami, FL 33181 is located in North Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2016 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 38% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $183 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

LUIS REYES IBIS NASELLO
1651 NE 115 ST # 5 C, MIAMI, FL, 33181
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$61,925
Median Home Value$340,900
Pop. Density12,191/sq mi

Neighborhood 33181

34.4%
Owner-Occ
65.6%
Investor
642
Flips (4yr)
2,684
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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