1342 NW 55 TER, Miami, FL 33142

1342 NW 55 TER, Miami, FL 33142 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1926 with 1,928 square feet of living space on a 7,875 square foot lot. The property is currently owned by GWENDOLYN REED GREGORY REED, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-08-20 for $575,000. There are 4 recorded sales for this property. The 2025 assessed value is $242,497 with a market value of $479,465.

This breaks down to $252,000 for the land and $227,465 for the building. The assessed value increased 26% from $192,993 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $40,441, and the median home value is $358,900. The population density is 13,671 people per square mile. There are active mortgage liens totaling $559,377 recorded against this property.

1342 NW 55 TER, Miami, FL 33142 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 2015 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 42% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $298 per square foot — a key metric for comparing value across Miami's real estate market..