6550 SW 51 TER, South Miami, FL 33155

Parcel: 0940240430420 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$1,063,400

Property Details

Beds
3
Baths
2
Living Sqft
1,743
Year Built
1958
Lot Sqft
10,296
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$479,000
2009-03-16
CECILIA ITURRIAGARICARDO A IMERY
2
$100non-market transfer
2021-07-21
RICARDO A IMERYASTRID E ORTIZ
3
$1,370,000
2023-12-15
ASTRID E ORTIZTHOMAS M FOSSLER
4
$1,370,000
2023-12-29

Tax Assessment History

$1,063,400
Assessed (2025)
$1,138,153
Market Value
$1,012,678
Taxable Value
$20,617
Annual Tax
2024
$1,033,431
2025
$1,063,400
$1,138,153
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,063,400 $1,138,153 $1,012,678 $20,617
2024 $1,033,431 $1,033,431 $983,431 $20,022

About 6550 SW 51 TER, South Miami, FL 33155

6550 SW 51 TER, South Miami, FL 33155 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1958 with 1,743 square feet of living space on a 10,296 square foot lot. The property is currently owned by THOMAS M FOSSLER STEPHANIE G FERNANDEZ, 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 2023-12-29 for $1,370,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,063,400 with a market value of $1,138,153.

This breaks down to $617,760 for the land and $520,393 for the building. The assessed value increased 3% from $1,033,431 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $96,442, and the median home value is $642,500. The population density is 4,275 people per square mile. There are active mortgage liens totaling $1,265,603 recorded against this property.

6550 SW 51 TER, South Miami, FL 33155 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2009 to 2023, 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 $786 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

THOMAS M FOSSLER STEPHANIE G FERNANDEZ
6550 SW 51 TER, MIAMI, FL, 33155
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$13,160 — $24,194
Flood $400 — $800
Property/Wind $12,760 — $23,394

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$96,442
Median Home Value$642,500
Pop. Density4,275/sq mi

Neighborhood 33155

61.6%
Owner-Occ
38.4%
Investor
253
Flips (4yr)
9,120
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →

Mortgages

ACTIVE 7% rate
$1,301,500
~$1,265,603 bal.
TD BANK NA · 2023-12-29
1 satisfied mortgage
SATISFIED 2021-10-21
$308,500
CALIBER HOME LOANS INC
Est. Total Balance $1,265,603
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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