498 NE 55 TER, Miami, FL 33137

498 NE 55 TER, Miami, FL 33137 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1937 with 2,638 square feet of living space on a 11,000 square foot lot. The property is currently owned by MICHAEL C LINGLE KATHERINE E LINGLE, 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 2018-05-18 for $1,199,000, when SUSAN E RAWLINGS MOLINA sold to MICHAEL C LINGLE . The property has appreciated $1,198,900 (1198900%) since the prior sale of $100 on 2017-08-11. There are 3 recorded sales for this property.

The 2025 assessed value is $1,086,940 with a market value of $2,178,514. This breaks down to $1,815,000 for the land and $363,514 for the building. The assessed value increased 3% from $1,056,308 in 2024.

The property has the following tax exemptions: homestead. 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 $96,833, and the median home value is $1,188,500. The population density is 4,093 people per square mile. 498 NE 55 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 2014 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price.

Based on the most recent sale, this property traded at $455 per square foot — a key metric for comparing value across Miami's real estate market..