1120 NW 55 TER, Miami, FL 33127

1120 NW 55 TER, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1945 with 1,596 square feet of living space on a 6,882 square foot lot. The property is currently owned by MIGUEL A FELIZ &W SANTA PACHECO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2002-10-01 for $79,000. There are 3 recorded sales for this property. The 2025 assessed value is $148,430 with a market value of $416,347.

This breaks down to $220,247 for the land and $196,100 for the building. The assessed value increased 3% from $144,247 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $37,550, and the median home value is $320,700. The population density is 9,415 people per square mile. 1120 NW 55 TER, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 1986 to 2002, with 3 recorded transactions in the public record. The current assessed value represents 188% 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 $49 per square foot — a key metric for comparing value across Miami's real estate market..