640 NE 52 TER, Miami, FL 33137

640 NE 52 TER, Miami, FL 33137 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 1,158 square feet of living space on a 8,800 square foot lot. The property is currently owned by MICHAEL COURTNEY, 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 2010-02-01 for $150,000, when PAUL M SHAEFER &W sold to MICHAEL COURTNEY. The property has appreciated $30,000 (25%) since the prior sale of $120,000 on 1998-09-01. The 2025 assessed value is $191,263 with a market value of $1,188,294.

This breaks down to $1,100,000 for the land and $88,294 for the building. The assessed value increased 3% from $185,873 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. 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. 640 NE 52 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 1998 to 2010, with 2 recorded transactions in the public record. The current assessed value represents 128% 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 $130 per square foot — a key metric for comparing value across Miami's real estate market..