249 NE 55 TER, Miami, FL 33137

249 NE 55 TER, Miami, FL 33137 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1948 with 1,910 square feet of living space on a 7,125 square foot lot. The property is currently owned by WASHINGTON HEIGHTS 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 2019-07-22 for $265,700, when USA sold to WASHINGTON HEIGHTS LLC. There are 3 recorded sales for this property. The 2025 assessed value is $328,055 with a market value of $512,339.

This breaks down to $292,125 for the land and $220,214 for the building. The assessed value increased 10% from $298,232 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.

249 NE 55 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 2013 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 123% 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 $139 per square foot — a key metric for comparing value across Miami's real estate market..