507 W 55 PL, Hialeah, FL 33012

507 W 55 PL, Hialeah, FL 33012 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1956 with 2,028 square feet of living space on a 7,500 square foot lot. The property is currently owned by VERONICA C ABAY CARLOS MARTINEZ, 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 2008-04-01 for $330,000. The property has appreciated $291,000 (746%) since the prior sale of $39,000 on 1978-09-01. The 2025 assessed value is $227,508 with a market value of $526,671.

This breaks down to $322,500 for the land and $204,171 for the building. The assessed value increased 3% from $221,097 in 2024. The property has the following tax exemptions: homestead.

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 $72,708, and the median home value is $440,500.

The population density is 7,343 people per square mile. 507 W 55 PL, 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 1978 to 2008, with 2 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $163 per square foot — a key metric for comparing value across Hialeah's real estate market..