1531 NW 55 TER, Miami, FL 33142

Parcel: 0131220526240 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$652,268

Property Details

Beds
8
Baths
5
Living Sqft
3,024
Year Built
2021
Lot Sqft
5,258
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2020-08-25
ROCCA INTERNATIONAL LLC1531 PRIME LLC
2
$100non-market transfer
2021-05-18
ROCCA INTL LLC1531 PRIME LLC
3
$952,500
2023-09-15
1531 PRIME LLCANDRES PARKER
4
$952,500
2023-09-21

Tax Assessment History

$652,268
Assessed (2025)
$652,268
Market Value
$652,268
Taxable Value
$13,280
Annual Tax
2024
$651,684
2025
$652,268
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $652,268 $652,268 $652,268 $13,280
2024 $651,684 $651,684 $651,684 $13,268

About 1531 NW 55 TER, Miami, FL 33142

1531 NW 55 TER, Miami, FL 33142 is a 8-bedroom, 5-bathroom multifamily 2-9 units : 2 living units built in 2021 with 3,024 square feet of living space on a 5,258 square foot lot. The property is currently owned by ANDRES PARKER, 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 2023-09-21 for $952,500. There are 4 recorded sales for this property. The 2025 assessed value is $652,268 with a market value of $652,268.

This breaks down to $199,819 for the land and $452,449 for the building. The assessed value increased 0% from $651,684 in 2024. 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 $739,492 recorded against this property. 1531 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 2020 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 68% 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 $315 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ANDRES PARKER
1531 NW 55 TER, MIAMI, FL, 33142
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,313 — $7,322
Flood $400 — $800
Property/Wind $3,913 — $6,522

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$40,441
Median Home Value$358,900
Pop. Density13,671/sq mi

Neighborhood 33142

39.3%
Owner-Occ
60.7%
Investor
561
Flips (4yr)
7,163
New Biz (3yr)
Distress Risk
ELEVATED
42
View full risk analysis →

Mortgages

ACTIVE
$762,000
~$739,492 bal.
BANKING MORTGAGE SERVICES · 2023-09-21
Est. Total Balance $739,492
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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