685 NE 50 TER, Miami, FL 33137

685 NE 50 TER, Miami, FL 33137 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1953 with 1,768 square feet of living space on a 7,938 square foot lot. The property is currently owned by PATRICK SCHAEFER JOCELYN SCHAEFER, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2008-01-01 for $450,000. There are 3 recorded sales for this property. The 2025 assessed value is $899,178 with a market value of $1,329,222.

This breaks down to $992,250 for the land and $336,972 for the building. The assessed value increased 10% from $817,435 in 2024. 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.

685 NE 50 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 2008, with 3 recorded transactions in the public record.

The current assessed value represents 200% 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 $255 per square foot — a key metric for comparing value across Miami's real estate market..