Miami-Dade County » 33161 » NE 118th Ter » 345 NE 118th Ter

345 Ne 118th Terrace, Miami, FL 33161 Property Information

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Address

Primary address	345 Ne 118th Terrace, Miami
Zip code	33161
County	Miami-Dade

Municipality
Parcel ID	3022310370400

Sales & Tax Overview for 345 Ne 118th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date	05/31/2023
Sale price	$1,175,000

Arm's length	Register
Current property tax	$11,744

Lot & Building Information for 345 Ne 118th Terrace, Miami

Building sqft	2,415
Building class	Residential - Single Family: 1 Unit (0101)
Acreage	0.233
Year built	1958
Stories	1
Units	1
Bedrooms	3
Bathrooms	2

Zoning, Use & Area Overview

Walk Score

Transit Score

Bike Score

Zoning district	Register
School district	Miami-Dade County Public Schools

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 345 Ne 118th Terrace, Miami

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About 345 Ne 118th Terrace, Miami

What is the year built & the total sq. ft. for 345 Ne 118th Terrace, Miami, FL 33161?

345 Ne 118th Terrace, Miami, FL 33161 was built in 1958 and has a total of 2,415 square feet.

What is the assessed value of 345 Ne 118th Terrace, Miami, FL 33161 and the property tax paid?

Assessed at $821,089, the tax amount paid for 345 Ne 118th Terrace, Miami, FL 33161 is $13,902.

When was 345 Ne 118th Terrace, Miami, FL 33161 last sold and what was the last sale price?

345 Ne 118th Terrace, Miami, FL 33161 was last sold in 05/31/2023 for $1,175,000.

Ownership Information

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Commercial Real Estate nearby

Real Estate Reports:

Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 

Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.

Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens

Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.

Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks

Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.

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Past Sales & Property History for 345 Ne 118th Terrace, Miami

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*Here are the three most recent sales for this property.

More about Miami-Dade County Property Records

Title Documents for 345 Ne 118th Terrace, Miami

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date	Type	Maturity
05/31/2023 - D 06/07/2023 - R	Mortgage	06/01/2053
05/31/2023 - D 06/07/2023 - R	Deed
04/22/2022 - D 04/22/2022 - R	Mortgage	05/01/2052
04/22/2022 - D 04/22/2022 - R	Quit Claim Deed
11/03/2020 - D 11/03/2020 - R	Mortgage	11/01/2050
06/06/2018 - D 06/13/2018 - R	Termination of the Finance Agreement
12/26/2017 - D 12/26/2017 - R	Mortgage	01/01/2048
09/26/2016 - D 09/26/2016 - R	Agreement
05/19/2011 - D 05/19/2011 - R	Mortgage
05/19/2011 - D 05/19/2011 - R	Deed

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R: Recorded date
D: Document date

Property Taxes for 345 Ne 118th Terrace, Miami

Access detailed property tax data for 345 Ne 118th Terrace, Miami, FL 33161. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025
Base tax	$13,902
Current property tax	$11,744

Market value	$821,089
Assessed value	$821,089

More about Miami-Dade County Property Taxes

Assessment History for 345 Ne 118th Terrace, Miami

Here's the assessment & property tax history for 345 Ne 118th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year	Market value	Assessment value	Total tax rate	Property tax	Year over year change
2025	$821,089	$821,089	16.9317	$13,902	-2.12%
2024	$838,033	$838,033	16.9487	$14,204	+35.97%
2023	$612,523	$612,523	17.0541	$10,446	+93.35%
2022	$450,410	$232,901	17.0433	$5,403	+10.50%
2021	$355,676	$226,118	17.6056	$4,889	-14.49%

Miami residential market stats

Median Sale Price

$519,900

-1% YoY

Median Price/Sqft

$333

1.2% YoY

Miami-Dade County Median Sale Price

$510,000

0% YoY

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade County.

Check out recently sold homes in Miami and see how their prices compare.

Risk

Create a free account to unlock extended information for 345 Ne 118th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s)	AE (See more on map)

Transportation

Access the detailed traffic volume map for 345 Ne 118th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Bethany Covenant School	NR	Private	PK, K-4	0	0.31
Bethany Covenant School	NR	Private	PK, K-4	0	0.31
Gratigny Elementary School	6	Public	PK, K-5	417	0.42
Gratigny Elementary School	6	Public	PK, K-5	417	0.42
Advance Christian Academy	NR	Private	PK-12	41	0.46

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Advance Christian Academy	NR	Private	PK-12	41	0.46
Montessori School Of North Miami	NR	Private	K-12	0	0.49
Miami Country Day School	NR	Private	PK-12	1,290	0.72
Miami Country Day School	NR	Private	PK, K-12	0	0.78
Miami Country Day School	NR	Private	PK, K-12	0	0.78

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Advance Christian Academy	NR	Private	PK-12	41	0.46
Montessori School Of North Miami	NR	Private	K-12	0	0.49
Miami Country Day School	NR	Private	PK-12	1,290	0.72
Miami Country Day School	NR	Private	PK, K-12	0	0.78
Miami Country Day School	NR	Private	PK, K-12	0	0.78

Neighbors for 345 Ne 118th Terrace, Miami

Here are the neighbors for 345 Ne 118th Terrace, Miami.

Address	Square feet	Purchase date	Purchase price
11955 W Dixie Hwy, Miami	2,255	11/21/2023	$400,000
300 NE 119th Ter, Miami	1,844	05/18/2022	$625,000
11999 W Dixie Hwy, Miami	3,316	08/01/2025	$900,000
285 NE 118th Ter, Miami	1,466	05/23/2013	$158,000
327 NE 118th Ter, Miami	1,789	09/16/2011	$152,000
11870 W Biscayne Canal Rd, Miami	1,646	04/12/2018	$10
284 NE 118th Ter, Miami	1,830	08/22/2024	$765,000
12041 W Dixie Hwy, Miami	4,120	11/26/2013	$10
235 NE 118th St, Miami	2,448	04/19/2022	$10
330 NE 119th Ter, Miami	1,922	07/26/2024	$10
11975 W Dixie Hwy, Miami	1,375	02/14/2025	$360,000
11970 W Biscayne Canal Rd, Miami	2,089	09/19/2011	$62,000
287 NE 118th Ter, Miami	1,575	03/15/2016	$63,000
11911 W Dixie Hwy, Miami	5,005	02/15/2024	$745,000
319 NE 118th Ter, Miami	2,104	11/01/2002	$30,000
301 NE 118th Ter, Miami	2,227	03/25/2019	$10
335 NE 119th Ter, Miami	2,519	11/02/2011	$113,900
12001 W Biscayne Canal Rd, Miami	1,696	02/17/2026	$480,000
290 NE 118th Ter, Miami	1,332	03/30/2009	$10
11890 W Biscayne Canal Rd, Miami	1,913	06/30/2017	$10

Nearby ZIP Codes for 345 Ne 118th Terrace, Miami

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