248 NW 59 TER, Miami, FL 33127

248 NW 59 TER, Miami, FL 33127 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1926 with 1,798 square feet of living space on a 5,776 square foot lot. The property is currently owned by 248 NW 59 TERR LLC, 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 2015-04-15 for $19,900, when ALFREDO PACHECO sold to 248 NW 59 TERR LLC. The property sold for $6,100 less than the prior sale of $26,000 on 2011-04-04. There are 3 recorded sales for this property.

The 2025 assessed value is $192,322 with a market value of $394,683. This breaks down to $236,849 for the land and $157,834 for the building. The assessed value increased 10% from $174,839 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. 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. 248 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 2010 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 966% 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 $11 per square foot — a key metric for comparing value across Miami's real estate market..