38 NE 50 TER, Miami, FL 33137

38 NE 50 TER, Miami, FL 33137 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1949 with 2,554 square feet of living space on a 4,852 square foot lot. The property is currently owned by NICHOLAS J DE LA PARTE ILEANA MARTINEZ, 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 2021-04-12 for $465,000, when GERARD COLAS &W DANIELLE sold to NICHOLAS J DE LA PARTE . The property has appreciated $428,000 (1157%) since the prior sale of $37,000 on 1981-06-01. The 2025 assessed value is $527,462 with a market value of $589,000.

This breaks down to $461,026 for the land and $127,974 for the building. The assessed value increased 11% from $476,864 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.

38 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 1981 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 113% of the most recent sale price. Based on the most recent sale, this property traded at $182 per square foot — a key metric for comparing value across Miami's real estate market..