56 TER, WP, FL 33023

Parcel: 514124031463 · 48 · Zoning:

Assessed Value (2026)
$744,900

Property Details

Year Built
1964
Lot Sqft
8,088

Sales History

1
$511,500
2019-12-18
2
$750,000+47%
2021-09-30
3
$1,087,900+45%
2024-01-26
4
$1,087,900
2024-01-29
5
$1,200,000+10%
2025-09-10

Tax Assessment History

$744,900
Assessed (2026)
$990,790
Market Value
$744,900
Taxable Value
$15,166
Annual Tax
2025
$1,489,157
$0
2026
$744,900
$990,790
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $744,900 $990,790 $744,900 $15,166
2025 $1,489,157 $ $677,190 $13,787

About 56 TER, WP, FL 33023

56 TER, WP, FL 33023 is a property built in 1964 on a 8,088 square foot lot. The property is currently owned by V & F GROUP 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 2025-09-10 for $1,200,000. The property has appreciated $112,100 (10%) since the prior sale of $1,087,900 on 2024-01-29. There are 5 recorded sales for this property.

The 2026 assessed value is $744,900 with a market value of $990,790. This breaks down to $97,060 for the land and $893,730 for the building. The assessed value decreased 50% from $1,489,157 in 2025.

The property has the following tax exemptions: homestead. There are active mortgage liens totaling $850,000 recorded against this property. 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 2019 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 62% 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

V & F GROUP LLC
1650 NE 134 ST, NORTH MIAMI, FL, 33181
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$8,891 — $16,368
Flood $400 — $800
Property/Wind $8,491 — $15,568

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 →

Mortgages

ACTIVE
$850,000
POPULAR BANK · 2022-04-12
18 satisfied mortgages
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2023-11-30
$850,000
POPULAR BANK
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
SATISFIED 2022-05-24
$768,000
BANK OF AMERICA
Est. Total Balance $850,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.