1650 NE 115 ST 407, North Miami, FL 33181
Parcel: 3022320800360 · Residential · Condominium - Residential · Zoning: 5000
Assessed Value (2025)
$137,478
Property Details
Baths
1
Living Sqft
560
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$100non-market transfer
2018-12-20
JUAN BORRERO → GRUPO BIENES AMERICA LLC
2
$120,000
2020-04-02
GRUPO BIENES AMERICA LLC → COMBUSCAL LLC
3
$195,000+63%
2025-01-17
COMBUSCAL LLC → RICHARD OTERO
4
$195,000
2025-02-06
Tax Assessment History
$137,478
Assessed (2025)
$144,780
Market Value
$137,478
Taxable Value
$2,799
Annual Tax
2024
$124,980
$152,400
2025
$137,478
$144,780
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $137,478 | $144,780 | $137,478 | $2,799 | $0 | $0 |
| 2024 | $124,980 | $152,400 | $124,980 | $2,544 | $0 | $0 |
About 1650 NE 115 ST 407, North Miami, FL 33181
1650 NE 115 ST 407, North Miami, FL 33181 is a residential - total value : condominium - residential built in 1972 with 560 square feet of living space. The property is currently owned by RICHARD OTERO EILEEN OTERO, 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 2025-02-06 for $195,000. There are 4 recorded sales for this property. The 2025 assessed value is $137,478 with a market value of $144,780.
The assessed value increased 10% from $124,980 in 2024. 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.
1650 NE 115 ST 407, 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 2018 to 2025, with 4 recorded transactions in the public record.
The current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $348 per square foot — a key metric for comparing value across North Miami's real estate market..
Current Owner
RICHARD OTERO EILEEN OTERO
2020 NE 120 RD, 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
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