3987 NW 163 ST, Miami Gardens, FL 33054

3987 NW 163 ST, Miami Gardens, FL 33054 is a 6-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1956 with 2,135 square feet of living space on a 10,875 square foot lot. The property is currently owned by LORENZO HOMES INC, 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 2013-05-08 for $77,000, when HSBC BANK USA NA sold to LORENZO HOMES INC. The property has appreciated $16,900 (28%) since the prior sale of $60,100 on 2012-08-02. There are 3 recorded sales for this property.

The 2025 assessed value is $264,029 with a market value of $466,333. This breaks down to $250,125 for the land and $216,208 for the building. The assessed value increased 10% from $240,027 in 2024.

The median household income in this area is $60,424, and the median home value is $311,300. The population density is 2,765 people per square mile. 3987 NW 163 ST, Miami Gardens, FL 33054 is located in Miami Gardens, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Gardens property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 343% 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 $36 per square foot — a key metric for comparing value across Miami Gardens's real estate market..