2 NE 59 TER, Miami, FL 33137

Parcel: 0131130510540 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$143,583

Property Details

Beds
4
Baths
2
Living Sqft
1,920
Year Built
1973
Lot Sqft
4,050
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1999-02-01
2
$178,000
2005-03-01
3
$27,600-84%
2008-11-26
CARLOS ABACAPROFILE REALTY INC

Tax Assessment History

$143,583
Assessed (2025)
$319,014
Market Value
$143,583
Taxable Value
$2,923
Annual Tax
2024
$130,530
$299,482
2025
$143,583
$319,014
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $143,583 $319,014 $143,583 $2,923
2024 $130,530 $299,482 $130,530 $2,657

About 2 NE 59 TER, Miami, FL 33137

2 NE 59 TER, Miami, FL 33137 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1973 with 1,920 square feet of living space on a 4,050 square foot lot. The property is currently owned by PROFILE REALTY 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 2008-11-26 for $27,600, when CARLOS ABACA sold to PROFILE REALTY INC. The property sold for $150,400 less than the prior sale of $178,000 on 2005-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $143,583 with a market value of $319,014. This breaks down to $166,050 for the land and $152,964 for the building. The assessed value increased 10% from $130,530 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 $35,271, and the median home value is $394,100.

The population density is 11,799 people per square mile. 2 NE 59 TER, Miami, FL 33137 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 1999 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 520% 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 $14 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

PROFILE REALTY INC
PO BOX 490915, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$35,271
Median Home Value$394,100
Pop. Density11,799/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
Zoom in to see property sales