Miami-Dade County  »  33161  »  NE 113th Ter  »  1240 NE 113th Ter

1240 Ne 113th Terrace, Miami, FL 33161 - Property report

Also known as: 1240 NE 113th Ter

Property image for 1240 Ne 113th Terrace, Miami, FL 33161
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Property type

Multifamily 2-9 Units: Multifamily 3 or More Units (0803)

Year built

1994

Acreage

0.482

Sale price

$10

General information

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Address
Primary address
1240 Ne 113th Terrace
ZIP code
33161
County
Miami-Dade
Municipality
30
Neighborhood
302232015
Parcel ID
3022320150550

Owner

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Sales
Sale date
05/29/2024
Sale price
$10
Arm's length
Tax
Tax year
2025
Base tax
$15,958
Current property tax
$14,159
Building
Property type
Multifamily 2-9 Units: Multifamily 3 or More Units (0803)
Building sq. ft.
5,600
Buildings on lot
1
Stories
1
Year built
1994
Lot
Total sq. ft.
5,600
Acreage
0.482
Zoning & Use
Zoning

Area overview

Walk score
61 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
63 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1240 Ne 113th Terrace, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1240 Ne 113th Terrace, Miami, FL 33161

Sale date Sale price Buyer name Seller name
05/29/2024 $10 XXXXX X XXXX XXXXXXXXX XXXXXX XXXXX XXXX XXXXXXXXXX XXXX
08/19/1996 $477,600 XXXX XXXXXX XXXX XXXX, XXXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/19/2025 - D
05/19/2025 - R
Notice of Commencement XXXX XXXXXXXXXX
05/29/2024 - D
05/29/2024 - R
Quit Claim Deed XXXX XXXXXXXXXX XXXX XXXXX X XXXX XXXXXXXXX XXXXXX XXXXX
08/19/1996 - R Warranty Deed XXXX, XXXXXX XXXX XXXXXX XXXX
05/21/1992 - R Notice of Commencement XXXX, XXXXXX
11/07/1991 - R Notice of Commencement XXXX, XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1240 Ne 113th Terrace, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$15,958
Current property tax
$14,159
Recent tax assessments
Market value
$942,480
Land value
$837,500
Building value
$104,980
Assessed value
$942,480

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $942,480 $942,480 16.9317 $15,958 +18.88%
2024 $869,951 $742,287 16.9487 $13,424 +8.76%
2023 $799,269 $674,807 17.0541 $12,342 +14.38%
2022 $664,265 $613,461 17.0433 $10,790 +9.89%
2021 $557,692 $557,692 17.6056 $9,819 -0.13%
2020 $556,833 $522,173 17.6571 $9,832 +16.98%
2019 $474,703 $474,703 17.7054 $8,405 +4.68%
2018 $465,059 $465,059 17.2644 $8,029 -0.98%
2017 $463,044 $456,042 17.5107 $8,108 +9.31%
2016 $414,584 $414,584 17.8921 $7,418 +3.16%

Permit information for 1240 Ne 113th Terrace, Miami, FL

No recently recorded permits for this property.

Demographics by ZIP code

Total population
54,814
Median age
38.1
Average household income
$79,063
Family households
69.3%
People per household (average)
2.98
Occupied housing units
17,302
Owner-occupied units
44.0%
Median year structure built
1965
Median value mortgaged units
$478,300
Median value unmortgaged units
$361,600

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 1240 Ne 113th Terrace, Miami, FL 33161?

The development at 1240 Ne 113th Terrace, Miami, FL 33161 was built in 1994.

What is the total square footage of 1240 Ne 113th Terrace, Miami, FL 33161?

1240 Ne 113th Terrace, Miami, FL 33161 has a total of 5,600 square feet.

When was 1240 Ne 113th Terrace, Miami, FL 33161 last sold and what was the sale price?

1240 Ne 113th Terrace, Miami, FL 33161 was last sold on 05/29/2024 for $10.

What is the assessed value of 1240 Ne 113th Terrace, Miami, FL 33161?

1240 Ne 113th Terrace, Miami, FL 33161 is currently assessed at $942,480.

What are the property taxes for 1240 Ne 113th Terrace, Miami, FL 33161?

The property taxes for 1240 Ne 113th Terrace, Miami, FL 33161 total $15,957.

How many residential units does this building have?

This building has 4 residential unit(s).

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