162 NE 50 TER, Miami, FL 33137

162 NE 50 TER, Miami, FL 33137 is a automotive or marine : automotive or marine built in 1937 with 640 square feet of living space on a 7,024 square foot lot. The property is currently owned by BVM DEVELOPMENT 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 2014-03-04 for $1,125,000, when MEGAN ANN LC sold to BVM DEVELOPMENT LLC. The property has appreciated $891,150 (381%) since the prior sale of $233,850 on 2004-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $215,671 with a market value of $536,374. This breaks down to $526,800 for the land and $9,574 for the building. The assessed value increased 10% from $196,065 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 $67,271, and the median home value is $618,500.

The population density is 8,215 people per square mile. 162 NE 50 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 2003 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 19% 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 $1758 per square foot — a key metric for comparing value across Miami's real estate market..