559 NE 68 ST, Miami, FL 33138

Parcel: 0132180230330 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0104

Assessed Value (2025)
$430,889

Property Details

Beds
4
Baths
2
Living Sqft
1,728
Year Built
1935
Lot Sqft
4,520
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$65,500
1995-02-01
2
$125,000+91%
2013-03-21
BENJAMIN LERICHEFALCOL PROPERTIES LLC
3
$100non-market transfer
2015-01-15
FALCOL PROPERTIES LLCFALKON PROPERTIES LLC

Tax Assessment History

$430,889
Assessed (2025)
$569,935
Market Value
$430,889
Taxable Value
$8,773
Annual Tax
2024
$391,718
$435,058
2025
$430,889
$569,935
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $430,889 $569,935 $430,889 $8,773
2024 $391,718 $435,058 $391,718 $7,975

About 559 NE 68 ST, Miami, FL 33138

559 NE 68 ST, Miami, FL 33138 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1935 with 1,728 square feet of living space on a 4,520 square foot lot. The property is currently owned by FALKON PROPERTIES 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 2015-01-15 for $100, when FALCOL PROPERTIES LLC sold to FALKON PROPERTIES LLC. The property sold for $124,900 less than the prior sale of $125,000 on 2013-03-21. There are 3 recorded sales for this property.

The 2025 assessed value is $430,889 with a market value of $569,935. This breaks down to $339,000 for the land and $230,935 for the building. The assessed value increased 10% from $391,718 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 $92,162, and the median home value is $547,000.

The population density is 8,984 people per square mile. 559 NE 68 ST, 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 1995 to 2015, with 3 recorded transactions in the public record..

Current Owner

FALKON PROPERTIES LLC
14 NE 1 AVE STE 900, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,570 — $10,279
Flood $400 — $800
Property/Wind $5,170 — $9,479

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 →
Zoom in to see property sales