1251 NE 108 ST 505, North Miami Beach, FL 33161

Parcel: 3022320820370 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$84,988

Property Details

Beds
1
Baths
1.5
Living Sqft
760
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$60,000
1998-07-01
2
$75,000+25%
2003-07-01
3
$125,000+67%
2019-04-15
MARIA C GALLAGHERJOSE A SANCHEZ

Tax Assessment History

$84,988
Assessed (2025)
$183,200
Market Value
$34,266
Taxable Value
$698
Annual Tax
2024
$82,593
$183,200
2025
$84,988
$183,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $84,988 $183,200 $34,266 $698
2024 $82,593 $183,200 $32,593 $664

About 1251 NE 108 ST 505, North Miami Beach, FL 33161

1251 NE 108 ST 505, North Miami Beach, FL 33161 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1969 with 760 square feet of living space. The property is currently owned by JOSE A SANCHEZ, 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 2019-04-15 for $125,000, when MARIA C GALLAGHER sold to JOSE A SANCHEZ. The property has appreciated $50,000 (67%) since the prior sale of $75,000 on 2003-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $84,988 with a market value of $183,200. The assessed value increased 3% from $82,593 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. 1251 NE 108 ST 505, 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 1998 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 68% 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 $164 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

JOSE A SANCHEZ
2221 NW 2 AVE, CAPE CORAL, FL, 33993
Since: 2026-03-29
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$61,860
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 →
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