56 TER, WP, FL 33023
Parcel: 514124AB0160 · 48 · Zoning:
Assessed Value (2026)
$209,470
Property Details
Year Built
2006
Lot Sqft
1,526
Sales History
1
$453,000
2006-10-10
2
$160,000-65%
2017-09-20
Tax Assessment History
$209,470
Assessed (2026)
$271,390
Market Value
$209,470
Taxable Value
$4,265
Annual Tax
2025
$470,117
$0
2026
$209,470
$271,390
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $209,470 | $271,390 | $209,470 | $4,265 | $27,140 | $244,250 |
| 2025 | $470,117 | $ | $190,430 | $3,877 | $25,830 | $232,440 |
About 56 TER, WP, FL 33023
56 TER, WP, FL 33023 is a property built in 2006 on a 1,526 square foot lot. The property is currently owned by LTM LATORRE INVESTMENT CORP, 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 2017-09-20 for $160,000. The property sold for $293,000 less than the prior sale of $453,000 on 2006-10-10. The 2026 assessed value is $209,470 with a market value of $271,390.
This breaks down to $27,140 for the land and $244,250 for the building. The assessed value decreased 55% from $470,117 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 2006 to 2017, with 2 recorded transactions in the public record. The current assessed value represents 131% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
LTM LATORRE INVESTMENT CORP
20301 NE 10 CT, MIAMI, FL, 33179
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