655 NE 50 TER, Miami, FL 33137

Parcel: 0132190040900 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,474,478

Property Details

Beds
3
Baths
3
Living Sqft
2,226
Year Built
1953
Lot Sqft
8,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$560,000
2015-05-26
CARMEN CABANAS PAYARA PROPERTIES LLC
2
$1,050,000+88%
2018-02-20
PAYARA PROPERTIES LLCSEMPER FI 655 NE 50TH TERRACE LLC
3
$1,900,000+81%
2024-07-02
SEMPER FI 655 NE 50TH TERRACE LLCJAMES ZHOU
4
$1,900,000
2024-07-11

Tax Assessment History

$1,474,478
Assessed (2025)
$1,474,478
Market Value
$1,423,756
Taxable Value
$28,987
Annual Tax
2024
$948,839
$1,371,385
2025
$1,474,478
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,474,478 $1,474,478 $1,423,756 $28,987
2024 $948,839 $1,371,385 $948,839 $19,318

About 655 NE 50 TER, Miami, FL 33137

655 NE 50 TER, Miami, FL 33137 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1953 with 2,226 square feet of living space on a 8,100 square foot lot. The property is currently owned by JAMES ZHOU SUZANNE BAY, 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 2024-07-11 for $1,900,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,474,478 with a market value of $1,474,478.

This breaks down to $1,012,500 for the land and $461,978 for the building. The assessed value increased 55% from $948,839 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. There are active mortgage liens totaling $1,486,650 recorded against this property. 655 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 2015 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $854 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JAMES ZHOU SUZANNE BAY
655 NE 50 TER, MIAMI, FL, 33137
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$18,093 — $33,238
Flood $400 — $800
Property/Wind $17,693 — $32,438

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$96,833
Median Home Value$1,188,500
Pop. Density4,093/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE 6.5% rate
$1,520,000
~$1,486,650 bal.
FIRST NATIONAL BANK OF PENNSYLVANIA · 2024-07-11
1 satisfied mortgage
SATISFIED 2022-05-18
$1,036,750
CITY NATIONAL BANK
Est. Total Balance $1,486,650
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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