407 NW 59 TER, Miami, FL 33127

407 NW 59 TER, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1963 with 1,500 square feet of living space on a 5,500 square foot lot. The property is currently owned by CORNAGOTRADE INC, 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 2015-03-03 for $86,000, when U S BANK N ATIONAL ASSOC TRUSTEE sold to CORNAGOTRADE INC. The property has appreciated $18,200 (27%) since the prior sale of $67,800 on 2014-06-20. There are 3 recorded sales for this property.

The 2025 assessed value is $185,297 with a market value of $367,684. This breaks down to $225,500 for the land and $142,184 for the building. The assessed value increased 10% from $168,452 in 2024.

The median household income in this area is $31,406, and the median home value is $334,000. The population density is 10,865 people per square mile. 407 NW 59 TER, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2005 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 215% 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 $57 per square foot — a key metric for comparing value across Miami's real estate market..