255 NE 54 ST, Miami, FL 33137

255 NE 54 ST, Miami, FL 33137 is a 5-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1951 with 1,940 square feet of living space on a 6,750 square foot lot. The property is currently owned by TOUSSAINT ATELIERS RESIDENCES LLC, 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 2023-08-28 for $6,104,500, when 54TH STREET INVESTMENTS LLC sold to TOUSSAINT ATELIERS RESIDENCES LLC. The property has appreciated $5,744,500 (1596%) since the prior sale of $360,000 on 2015-10-19. There are 3 recorded sales for this property.

The 2025 assessed value is $748,000 with a market value of $748,000. This breaks down to $675,000 for the land and $73,000 for the building. The assessed value decreased 8% from $817,152 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $35,271, and the median home value is $394,100.

The population density is 11,799 people per square mile. 255 NE 54 ST, Miami, FL 33137 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 2023, with 3 recorded transactions in the public record. The current assessed value represents 12% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $3147 per square foot — a key metric for comparing value across Miami's real estate market..