55 NE 124 TER, North Miami, FL 33161

Parcel: 0621250250350 · Residential - Single Family · 1 Unit · Zoning: 0700

Assessed Value (2025)
$153,089

Property Details

Beds
3
Baths
2
Living Sqft
2,058
Year Built
1956
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$67,000
1984-07-01
2
N/Anon-market transfer
1990-06-01
3
$158,000
2003-02-01

Tax Assessment History

$153,089
Assessed (2025)
$456,648
Market Value
$52,367
Taxable Value
$1,066
Annual Tax
2024
$148,775
$457,168
2025
$153,089
$456,648
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $153,089 $456,648 $52,367 $1,066
2024 $148,775 $457,168 $48,775 $993

About 55 NE 124 TER, North Miami, FL 33161

55 NE 124 TER, North Miami, FL 33161 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1956 with 2,058 square feet of living space on a 7,500 square foot lot. The property is currently owned by MARC SIMEON DELEINE SIMEON, 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 2003-02-01 for $158,000. There are 3 recorded sales for this property. The 2025 assessed value is $153,089 with a market value of $456,648.

This breaks down to $240,000 for the land and $216,648 for the building. The assessed value increased 3% from $148,775 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 $81,250, and the median home value is $384,600.

The population density is 6,296 people per square mile. 55 NE 124 TER, North Miami, FL 33161 is located in North Miami, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1984 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $77 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

MARC SIMEON DELEINE SIMEON
55 NE 124 TERR, N MIAMI, FL, 33161-5351
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,237 — $4,167
Flood $400 — $800
Property/Wind $1,837 — $3,367

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$81,250
Median Home Value$384,600
Pop. Density6,296/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →
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