5555 LUDLAM RD 40, South Miami, FL 33155
Parcel: 0940240640390 · Residential · Condominium - Residential · Zoning: 5400
Assessed Value (2025)
$122,842
Property Details
Beds
2
Baths
1.5
Living Sqft
1,007
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$121,800
2011-05-10
MARIA & SAILI TRIANA → FEDERAL NATIONAL MORTGAGE ASSN
2
$120,000-1%
2011-08-23
FEDERAL NATIONAL MORTGAGE ASSN → ABEL RIVERA
3
$100non-market transfer
2016-01-06
ABEL RIVERA → ABEL RIVERA LE
Tax Assessment History
$122,842
Assessed (2025)
$362,817
Market Value
$72,120
Taxable Value
$1,468
Annual Tax
2024
$119,380
$335,942
2025
$122,842
$362,817
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $122,842 | $362,817 | $72,120 | $1,468 | $0 | $0 |
| 2024 | $119,380 | $335,942 | $69,380 | $1,413 | $0 | $0 |
About 5555 LUDLAM RD 40, South Miami, FL 33155
5555 LUDLAM RD 40, 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 ABEL RIVERA LE MARIA ESTHER FERNANDEZ LE, 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 2016-01-06 for $100, when ABEL RIVERA sold to ABEL RIVERA LE. The property sold for $119,900 less than the prior sale of $120,000 on 2011-08-23. There are 3 recorded sales for this property.
The 2025 assessed value is $122,842 with a market value of $362,817. The assessed value increased 3% from $119,380 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. 5555 LUDLAM RD 40, 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 2011 to 2016, with 3 recorded transactions in the public record..
Current Owner
ABEL RIVERA LE MARIA ESTHER FERNANDEZ LE
5555 LUDLAM RD 402, SOUTH MIAMI, FL, 33155-6471
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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
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