1291 NW 55 TER, Miami, FL 33142

Parcel: 0131140410140 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 5700

Assessed Value (2025)
$139,572

Property Details

Beds
3
Baths
2
Living Sqft
1,645
Year Built
2007
Lot Sqft
10,531
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$113,000
2011-05-08
CITY OF MIAMITILLMAN RICHARDSON III

Tax Assessment History

$139,572
Assessed (2025)
$586,840
Market Value
$88,850
Taxable Value
$1,809
Annual Tax
2024
$135,639
$533,085
2025
$139,572
$586,840
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $139,572 $586,840 $88,850 $1,809
2024 $135,639 $533,085 $85,639 $1,744

About 1291 NW 55 TER, Miami, FL 33142

1291 NW 55 TER, Miami, FL 33142 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2007 with 1,645 square feet of living space on a 10,531 square foot lot. The property is currently owned by TILLMAN RICHARDSON III, 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 2011-05-08 for $113,000, when CITY OF MIAMI sold to TILLMAN RICHARDSON III. The 2025 assessed value is $139,572 with a market value of $586,840. This breaks down to $368,602 for the land and $218,238 for the building.

The assessed value increased 3% from $135,639 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $40,441, and the median home value is $358,900.

The population density is 13,671 people per square mile. 1291 NW 55 TER, Miami, FL 33142 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 current assessed value represents 124% 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 $69 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

TILLMAN RICHARDSON III
1291 NW 55 TERR, MIAMI, FL, 33142
Since: 2026-03-29
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$40,441
Median Home Value$358,900
Pop. Density13,671/sq mi

Neighborhood 33142

33.2%
Corp-Owned
60.7%
Investor
754
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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