241 NE 59 TER, Miami, FL 33137

241 NE 59 TER, Miami, FL 33137 is a warehouse terminal or stg : warehouse or storage built in 1961 with 4,018 square feet of living space on a 5,500 square foot lot. The property is currently owned by INDUSTRIAL 59 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2009-04-01 for $245,000, when RAUL RODRIGUEZ sold to INDUSTRIAL 59 LLC. The property has appreciated $190,000 (345%) since the prior sale of $55,000 on 1987-01-01. The 2025 assessed value is $326,126 with a market value of $829,000.

This breaks down to $550,000 for the land and $279,000 for the building. The assessed value increased 10% from $296,479 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 $35,271, and the median home value is $394,100. The population density is 11,799 people per square mile.

241 NE 59 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 1987 to 2009, with 2 recorded transactions in the public record.

The current assessed value represents 133% 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 $61 per square foot — a key metric for comparing value across Miami's real estate market..