85 NE 50 ST, Miami, FL 33137

Parcel: 0131240150140 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$555,750

Property Details

Beds
4
Baths
4
Living Sqft
3,251
Year Built
2025
Lot Sqft
5,850
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$824,500
2023-05-30
JWE DELAWARE LLC912 NW 66 ST LLC
2
$824,500
2023-06-22
3
$100non-market transfer
2024-06-21
912 NW 66 ST LLCBLU PARTNERS LLC
4
N/A
2024-06-27
5
$2,600,000
2025-04-24
BLU PARTNERS LLCRALPH WYER
6
$2,600,000
2025-05-05

Tax Assessment History

$555,750
Assessed (2025)
$555,750
Market Value
$555,750
Taxable Value
$11,315
Annual Tax
2024
$683,358
2025
$555,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $555,750 $555,750 $555,750 $11,315
2024 $683,358 $683,358 $683,358 $13,913

About 85 NE 50 ST, Miami, FL 33137

85 NE 50 ST, Miami, FL 33137 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 2025 with 3,251 square feet of living space on a 5,850 square foot lot. The property is currently owned by RALPH WYER, 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 2025-05-05 for $2,600,000. There are 6 recorded sales for this property. The 2025 assessed value is $555,750 with a market value of $555,750.

The assessed value decreased 19% from $683,358 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. There are active mortgage liens totaling $1,909,934 recorded against this property.

85 NE 50 ST, 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 2023 to 2025, with 6 recorded transactions in the public record.

The current assessed value represents 21% 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 $800 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RALPH WYER
85 NE 50 ST, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,734 — $6,357
Flood $400 — $800
Property/Wind $3,334 — $5,557

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$67,271
Median Home Value$618,500
Pop. Density8,215/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$1,931,250
~$1,909,934 bal.
POWER EXPRESS · 2025-05-05
2 satisfied mortgages
SATISFIED 2024-06-27
$1,253,340
KIAVI FUNDING INC
SATISFIED 2023-06-22
$659,600
LIMA ONE CAPITAL LLC
Est. Total Balance $1,909,934
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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