1540 NW 55 TER, Miami, FL 33142

1540 NW 55 TER, Miami, FL 33142 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1960 with 1,611 square feet of living space on a 5,250 square foot lot. The property is currently owned by 1540 42 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 2023-03-17 for $195,000. There are 4 recorded sales for this property. The 2025 assessed value is $353,016 with a market value of $357,987.

This breaks down to $199,500 for the land and $158,487 for the building. The assessed value increased 10% from $320,924 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. 1540 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 1982 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 181% 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 $121 per square foot — a key metric for comparing value across Miami's real estate market..