640 NE 72 TER, Miami, FL 33138

Parcel: 0132070511080 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$479,362

Property Details

Beds
2
Baths
1
Living Sqft
1,452
Year Built
1940
Lot Sqft
6,050
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$115,000
2010-12-01
AURORA LOAN SERVICES LLCFIN HOME TRUST LLC
2
$170,000+48%
2011-03-04
FIN HOME TRUST LLCJUAN CARLOS COLLAZOS
3
$540,000+218%
2017-08-07
JUAN CARLOS COLLAZOSTOMAS CASTELLANOS

Tax Assessment History

$479,362
Assessed (2025)
$903,867
Market Value
$428,640
Taxable Value
$8,727
Annual Tax
2024
$465,853
$828,902
2025
$479,362
$903,867
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $479,362 $903,867 $428,640 $8,727
2024 $465,853 $828,902 $415,853 $8,466

About 640 NE 72 TER, Miami, FL 33138

640 NE 72 TER, Miami, FL 33138 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 1,452 square feet of living space on a 6,050 square foot lot. The property is currently owned by TOMAS CASTELLANOS, 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 2017-08-07 for $540,000, when JUAN CARLOS COLLAZOS sold to TOMAS CASTELLANOS. The property has appreciated $370,000 (218%) since the prior sale of $170,000 on 2011-03-04. There are 3 recorded sales for this property.

The 2025 assessed value is $479,362 with a market value of $903,867. This breaks down to $665,500 for the land and $238,367 for the building. The assessed value increased 3% from $465,853 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $92,162, and the median home value is $547,000. The population density is 8,984 people per square mile.

There are active mortgage liens totaling $391,260 recorded against this property. 640 NE 72 TER, Miami, FL 33138 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 2010 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $372 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

TOMAS CASTELLANOS
640 NE 72 TER, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,152 — $11,345
Flood $400 — $800
Property/Wind $5,752 — $10,545

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$92,162
Median Home Value$547,000
Pop. Density8,984/sq mi

Neighborhood 33138

48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$400,000
~$391,260 bal.
CITIBANK NA · 2024-06-18
1 satisfied mortgage
SATISFIED 2020-06-03
$412,424
BETTER MORTGAGE CORP
Est. Total Balance $391,260
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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