1871 NW 55 TER, Miami, FL 33142

1871 NW 55 TER, Miami, FL 33142 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1990 with 1,852 square feet of living space on a 5,250 square foot lot. The property is currently owned by CONCEPCION LOPEZ RESIDENTIAL LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-09-04 for $710,000. There are 5 recorded sales for this property. The 2025 assessed value is $423,046 with a market value of $423,046.

This breaks down to $199,500 for the land and $223,546 for the building. The assessed value decreased 3% from $433,984 in 2024. The median household income in this area is $45,135, and the median home value is $272,300.

The population density is 8,949 people per square mile. There are active mortgage liens totaling $532,500 recorded against this property. 1871 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 2013 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 60% 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 $383 per square foot — a key metric for comparing value across Miami's real estate market..