56 TER, WP, FL 33023
Parcel: 514124031518 · 28 · Zoning:
Assessed Value (2026)
$41,500
Property Details
Year Built
1965
Lot Sqft
2,695
Sales History
1
N/A
1988-09-01
2
$600,000
2019-09-11
Tax Assessment History
$41,500
Assessed (2026)
$41,500
Market Value
$41,500
Taxable Value
$845
Annual Tax
2025
$88,343
$0
2026
$41,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $41,500 | $41,500 | $41,500 | $845 | $37,730 | $3,770 |
| 2025 | $88,343 | $ | $41,500 | $845 | $37,730 | $3,770 |
About 56 TER, WP, FL 33023
56 TER, WP, FL 33023 is a property built in 1965 on a 2,695 square foot lot. The property is currently owned by 2191 WEST PARK 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 2019-09-11 for $600,000. The 2026 assessed value is $41,500 with a market value of $41,500. This breaks down to $37,730 for the land and $3,770 for the building.
The assessed value decreased 53% from $88,343 in 2025. 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 1988 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 7% 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
2191 WEST PARK LLC
20145 NE 25 CT, MIAMI, FL, 33180
Since: 2026-03-30
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 33023
65.4%
Owner-Occ
34.6%
Investor
459
Flips (4yr)
8,847
New Biz (3yr)
Distress Risk
ELEVATED
56