1523 NW 8 TER, Miami, FL 33125

Parcel: 0131350160930 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$775,749

Property Details

Beds
3
Baths
2
Living Sqft
1,747
Year Built
1937
Lot Sqft
11,140
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$410,000
2016-11-11
JORDAN MICHAEL TERSIGNI LLCJOSE CALDERIN
2
$530,000+29%
2020-06-26
JOSE CALDERINBENJAMIN P MILLER
3
$1,125,000+112%
2024-05-30
BENJAMIN P MILLERERKAN CEVHER
4
$1,125,000
2024-07-09

Tax Assessment History

$775,749
Assessed (2025)
$775,749
Market Value
$775,749
Taxable Value
$15,794
Annual Tax
2024
$500,218
$690,534
2025
$775,749
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $775,749 $775,749 $775,749 $15,794
2024 $500,218 $690,534 $450,218 $9,166

About 1523 NW 8 TER, Miami, FL 33125

1523 NW 8 TER, Miami, FL 33125 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1937 with 1,747 square feet of living space on a 11,140 square foot lot. The property is currently owned by ERKAN CEVHER LARRISA MERCER, 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 2024-07-09 for $1,125,000. There are 4 recorded sales for this property. The 2025 assessed value is $775,749 with a market value of $775,749.

This breaks down to $467,880 for the land and $307,869 for the building. The assessed value increased 55% from $500,218 in 2024. The median household income in this area is $32,917, and the median home value is $546,900.

The population density is 13,859 people per square mile. There are active mortgage liens totaling $881,777 recorded against this property. 1523 NW 8 TER, Miami, FL 33125 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 2016 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 69% 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 $644 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ERKAN CEVHER LARRISA MERCER
1523 NW 8 TER, MIAMI, FL, 33125
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,708 — $17,866
Flood $400 — $800
Property/Wind $9,308 — $17,066

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$32,917
Median Home Value$546,900
Pop. Density13,859/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$900,000
~$881,777 bal.
NQM FUNDING LLC · 2024-07-09
Est. Total Balance $881,777
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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