5555 LUDLAM RD 24, South Miami, FL 33155

5555 LUDLAM RD 24, South Miami, FL 33155 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1974 with 1,007 square feet of living space. The property is currently owned by ROXANA M VELAZQUEZ, 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 2016-08-09 for $228,000, when CARLOS E HERNANDEZ sold to ROXANA M VELAZQUEZ. The property has appreciated $63,000 (38%) since the prior sale of $165,000 on 2008-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $338,741 with a market value of $362,817. The assessed value increased 10% from $307,947 in 2024. 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. 5555 LUDLAM RD 24, 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 1979 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 149% 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 $226 per square foot — a key metric for comparing value across South Miami's real estate market..