1503 NW 8 TER, Miami, FL 33125

1503 NW 8 TER, Miami, FL 33125 is a 3-bedroom, 1.5-bathroom multifamily 2-9 units : 2 living units built in 1924 with 3,220 square feet of living space on a 11,119 square foot lot. The property is currently owned by SERGIO BERNAL JORGE BETANCOURT, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-08-30 for $525,000, when LUZ C ZARKANCHENKO sold to SERGIO BERNAL. There are 3 recorded sales for this property. The 2025 assessed value is $656,977 with a market value of $700,187.

This breaks down to $466,998 for the land and $233,189 for the building. The assessed value increased 10% from $597,252 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. 1503 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 2008 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 125% 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 $163 per square foot — a key metric for comparing value across Miami's real estate market..