5198 NW 2 TER, Miami, FL 33126

Parcel: 0141060181570 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 5700

Assessed Value (2025)
$163,393

Property Details

Beds
2
Baths
1
Living Sqft
1,118
Year Built
1952
Lot Sqft
6,950
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$87,000
1993-02-01
2
$150,000+72%
1999-09-01
3
$230,000+53%
2004-07-01

Tax Assessment History

$163,393
Assessed (2025)
$500,276
Market Value
$112,671
Taxable Value
$2,294
Annual Tax
2024
$158,789
$479,847
2025
$163,393
$500,276
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $163,393 $500,276 $112,671 $2,294
2024 $158,789 $479,847 $108,789 $2,215

About 5198 NW 2 TER, Miami, FL 33126

5198 NW 2 TER, Miami, FL 33126 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,118 square feet of living space on a 6,950 square foot lot. The property is currently owned by LISSETTE SERRANO &H, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2004-07-01 for $230,000. The property has appreciated $80,000 (53%) since the prior sale of $150,000 on 1999-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $163,393 with a market value of $500,276. This breaks down to $368,350 for the land and $131,926 for the building. The assessed value increased 3% from $158,789 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $51,667, and the median home value is $420,500. The population density is 18,449 people per square mile.

5198 NW 2 TER, Miami, FL 33126 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 1993 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $206 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LISSETTE SERRANO &H
5198 NW 2 TERR, MIAMI, FL, 33126-5008
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,360 — $4,394
Flood $400 — $800
Property/Wind $1,960 — $3,594

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

Median Income$51,667
Median Home Value$420,500
Pop. Density18,449/sq mi

Neighborhood 33126

21.2%
Corp-Owned
70.1%
Investor
205
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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