531 NE 55 TER, Miami, FL 33137

531 NE 55 TER, Miami, FL 33137 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1938 with 1,896 square feet of living space on a 6,540 square foot lot. The property is currently owned by OU 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 2023-07-12 for $1,310,000. There are 6 recorded sales for this property. The 2025 assessed value is $1,224,850 with a market value of $1,419,640.

This breaks down to $1,111,800 for the land and $307,840 for the building. The assessed value increased 10% from $1,113,500 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 $96,833, and the median home value is $1,188,500. The population density is 4,093 people per square mile.

There are active mortgage liens totaling $550,000 recorded against this property. 531 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 2021 to 2023, with 6 recorded transactions in the public record. The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $691 per square foot — a key metric for comparing value across Miami's real estate market..