1950 W 54 ST 404-1, Hialeah, FL 33012

Parcel: 0420350610160 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$191,061

Property Details

Beds
2
Baths
2
Living Sqft
1,080
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$35,000
1987-06-01
VISTAVENTURE INC LARRY PEREZ
2
$30,000-14%
1991-08-01
LARRY PEREZ JESUS LORENZO
3
$52,000+73%
2002-07-24
JESUS LORENZO JESUS LORENZO

Tax Assessment History

$191,061
Assessed (2025)
$191,061
Market Value
$90,339
Taxable Value
$1,839
Annual Tax
2024
$140,113
$212,290
2025
$191,061
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $191,061 $191,061 $90,339 $1,839
2024 $140,113 $212,290 $140,113 $2,853

About 1950 W 54 ST 404-1, Hialeah, FL 33012

1950 W 54 ST 404-1, Hialeah, FL 33012 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1974 with 1,080 square feet of living space. The property is currently owned by LUCILLA LORENZO, 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 2002-07-24 for $52,000, when JESUS LORENZO sold to JESUS LORENZO. The property has appreciated $22,000 (73%) since the prior sale of $30,000 on 1991-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $191,061 with a market value of $191,061. The assessed value increased 36% from $140,113 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $35,964, and the median home value is $206,900.

The population density is 31,689 people per square mile. 1950 W 54 ST 404-1, Hialeah, FL 33012 is located in Hialeah, Florida. Property records, tax assessments, sales history, and ownership information for this Hialeah property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1987 to 2002, with 3 recorded transactions in the public record. The current assessed value represents 367% 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 $48 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

LUCILLA LORENZO
1950 W 54 ST UNIT 404-1, HIALEAH, FL, 33012
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,310 — $4,239
Flood $400 — $800
Property/Wind $1,910 — $3,439

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$35,964
Median Home Value$206,900
Pop. Density31,689/sq mi

Neighborhood 33012

43.1%
Owner-Occ
56.9%
Investor
208
Flips (4yr)
10,385
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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