56 TER, WP, FL 33023

Parcel: 514124020442 · 48 · Zoning:

Assessed Value (2026)
$365,750

Property Details

Year Built
1967
Lot Sqft
5,391

Sales History

1
$145,000
2005-05-18
2
$370,000+155%
2019-12-10
3
$700,000+89%
2024-01-24
4
$700,000
2024-01-25

Tax Assessment History

$365,750
Assessed (2026)
$599,600
Market Value
$365,750
Taxable Value
$7,446
Annual Tax
2025
$738,839
$0
2026
$365,750
$599,600
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $365,750 $599,600 $365,750 $7,446
2025 $738,839 $ $332,500 $6,769

About 56 TER, WP, FL 33023

56 TER, WP, FL 33023 is a property built in 1967 on a 5,391 square foot lot. The property is currently owned by SEA EQUITY LLC, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-01-25 for $700,000. There are 4 recorded sales for this property. The 2026 assessed value is $365,750 with a market value of $599,600.

This breaks down to $53,910 for the land and $545,690 for the building. The assessed value decreased 50% from $738,839 in 2025. The property has the following tax exemptions: homestead.

56 TER, WP, FL 33023 is located in WP, Florida. Property records, tax assessments, sales history, and ownership information for this WP property are sourced from broward County public records. The complete ownership history of this property spans from 2005 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 52% 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..

Current Owner

SEA EQUITY LLC
164 LENAPE DR, MIAMI SPRINGS, FL, 33166
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$4,569 — $8,444
Flood $400 — $800
Property/Wind $4,169 — $7,644

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 33023

65.4%
Owner-Occ
34.6%
Investor
459
Flips (4yr)
8,847
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →