505 NE 132 TER, North Miami, FL 33161

505 NE 132 TER, North Miami, FL 33161 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,364 square feet of living space on a 6,300 square foot lot. The property is currently owned by JENNIFER MICHELLE BIRD, 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 2026-03-02 for $530,000, when HARLAN LEE BORER sold to JENNIFER MICHELLE BIRD. The property has appreciated $224,000 (73%) since the prior sale of $306,000 on 2021-04-29. There are 3 recorded sales for this property.

The 2025 assessed value is $365,361 with a market value of $372,526. This breaks down to $252,000 for the land and $120,526 for the building. The assessed value increased 10% from $332,147 in 2024.

The median household income in this area is $45,451, and the median home value is $496,800. The population density is 10,294 people per square mile. 505 NE 132 TER, North Miami, FL 33161 is located in North Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 2015 to 2026, with 3 recorded transactions in the public record. The current assessed value represents 69% 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 $389 per square foot — a key metric for comparing value across North Miami's real estate market..