Miami-Dade County  »  33161  »  NE 118th Ter  »  1497 NE 118th Ter

1497 Ne 118th Terrace, Miami, FL 33161 Property Information

1497 Ne 118th Terrace, Miami, FL 33161 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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1497 Ne 118th Terrace, Miami, FL 33161
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Address

Primary address 1497 Ne 118th Terrace, Miami
Zip code 33161
County Miami-Dade
Municipality
Parcel ID 3022320200740

Sales & Tax Overview for 1497 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 03/22/2017
Sale price $350,000
Arm's length
Current property tax $7,508

Lot & Building Information for 1497 Ne 118th Terrace, Miami

Building sqft 2,818
Building class Multifamily 2-9 Units: 2 Living Units (0802)
Acreage 0.193
Year built 1956
Stories 1
Units 2
Bedrooms 3
Bathrooms 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
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 1497 Ne 118th Terrace, Miami

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About 1497 Ne 118th Terrace, Miami

What is the year built & the total sq. ft. for 1497 Ne 118th Terrace, Miami, FL 33161?

1497 Ne 118th Terrace, Miami, FL 33161 was built in 1956 and has a total of 2,818 square feet.

What is the assessed value of 1497 Ne 118th Terrace, Miami, FL 33161 and the property tax paid?

Assessed at $460,593, the tax amount paid for 1497 Ne 118th Terrace, Miami, FL 33161 is $8,387.

When was 1497 Ne 118th Terrace, Miami, FL 33161 last sold and what was the last sale price?

1497 Ne 118th Terrace, Miami, FL 33161 was last sold in 03/22/2017 for $350,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information

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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 1497 Ne 118th Terrace, Miami

Create a free account to view the complete sales history for 1497 Ne 118th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
03/22/2017 $350,000
06/06/2016 $151,824
02/18/2004 $191,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 1497 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 Amount Party 1 Party 2 Maturity Document Related documents Doc image
03/22/2017 - D
03/24/2017 - R
Deed
07/20/2016 - D
07/20/2016 - R
Release
06/06/2016 - D
06/07/2016 - R
Deed
11/12/2013 - D
11/12/2013 - R
Certificate of Title
02/18/2004 - R Warranty Deed
03/27/2002 - R Deed
03/27/2002 - R Deed
09/24/2001 - R Deed
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R: Recorded date
D: Document date

Property Taxes for 1497 Ne 118th Terrace, Miami

Access detailed property tax data for 1497 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 $8,388
Current property tax $7,508
Market value $549,379
Assessed value $460,593

Assessment History for 1497 Ne 118th Terrace, Miami

Here's the assessment & property tax history for 1497 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 $549,379 $460,593 16.9317 $8,388 +5.36%
2024 $549,645 $418,721 16.9487 $7,961 +4.42%
2023 $549,657 $380,656 17.0541 $7,624 +20.58%
2022 $410,565 $346,051 17.0433 $6,323 +12.95%
2021 $323,109 $314,592 17.6056 $5,598 +1.43%

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 1497 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 1497 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)
El Shaddai School NR Private K-3 0 0.42
Alberto's Dream Childcare and Learning Center NR Private PK-2 70 0.50
Alberto's Dream Childcare and Learning Center NR Private PK-2 70 0.50
W. J. Bryan Elementary School 5 Public PK, K-5 622 0.53
W. J. Bryan Elementary School 5 Public PK, K-5 622 0.53

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Mater Academy Biscayne Middle School 8 Charter 6-8 97 0.64
Miami Country Day School NR Private PK-12 1,290 0.94
The Challenger School NR Private PK-8 63 1.04
Montessori School Of North Miami NR Private K-12 0 1.05
Miami Country Day School NR Private PK, K-12 0 1.24

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Mater Academy Biscayne North Miami High Sch 8 Charter 9-12 68 0.64
Miami Country Day School NR Private PK-12 1,290 0.94
Montessori School Of North Miami NR Private K-12 0 1.05
Miami Country Day School NR Private PK, K-12 0 1.24
Miami Country Day School NR Private PK, K-12 0 1.24

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1497 Ne 118th Terrace, Miami

Here are the neighbors for 1497 Ne 118th Terrace, Miami.

Address Square feet Purchase date Purchase price
1529 NE 118th Ter, Miami 1,778 11/12/2015 $210,000
1541 NE 118th St, Miami 1,726 10/24/1994 $65,000
1457 NE 118th Ter, Miami 1,940 08/05/2021 $10
1415 NE 118th Ter, Miami 3,905 01/19/2017 $10
1429 NE 118th Ter, Miami 1,892 10/30/2024 $595,000
1401 NE 118th Ter, Miami 1,579 08/19/2014 $133,000
1565 NE 118th Ter, Miami 1,912 09/17/2020 $450,000
1489 NE 118th Ter, Miami 1,619 12/21/1987
1501 NE 118th Ter, Miami 1,651 12/13/2019 $10
1553 NE 118th Ter, Miami 1,658 07/02/2001 $99,900
1559 NE 118th Ter, Miami 1,896 04/09/2024 $590,000
1465 NE 118th Ter, Miami 2,066 11/13/2023 $550,000
1437 NE 118th Ter, Miami 1,953 06/28/2017 $315,000
1433 NE 118th Ter, Miami 1,892 06/01/2010 $100,000
11716 NE 13th Ave, Miami 910 10/10/2007 $170,000
1515 NE 118th Ter, Miami 1,651 07/23/2010 $74,500
1545 NE 118th Ter, Miami 1,680 12/20/2018 $280,000
1447 NE 118th Ter, Miami 1,976 06/04/2013 $90,000
1521 NE 118th Ter, Miami 1,674 07/16/2024 $1
1561 NE 118th St, Miami 2,540 03/25/2015 $10

Nearby ZIP Codes for 1497 Ne 118th Terrace, Miami

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