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55 Ne 124th Terrace, Miami, FL 33161 Property Information

55 Ne 124th Terrace, Miami, FL 33161 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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55 Ne 124th Terrace, Miami, FL 33161
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Address

Primary address 55 Ne 124th Terrace, Miami
Zip code 33161
County Miami-Dade
Municipality North Miami
Neighborhood Overbrook Shores
Parcel ID 0621250250350

Sales & Tax Overview for 55 Ne 124th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 02/25/2003
Sale price $158,000
Arm's length
Current property tax $1,698

Lot & Building Information for 55 Ne 124th Terrace, Miami

Building sqft 2,375
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.172
Year built 1956
Stories 1
Units 1
Bedrooms 3
Bathrooms 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 55 Ne 124th Terrace, Miami

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About 55 Ne 124th Terrace, Miami

What is the year built & the total sq. ft. for 55 Ne 124th Terrace, Miami, FL 33161?

55 Ne 124th Terrace, Miami, FL 33161 was built in 1956 and has a total of 2,375 square feet.

What is the assessed value of 55 Ne 124th Terrace, Miami, FL 33161 and the property tax paid?

Assessed at $153,089, the tax amount paid for 55 Ne 124th Terrace, Miami, FL 33161 is $5,403.

When was 55 Ne 124th Terrace, Miami, FL 33161 last sold and what was the last sale price?

55 Ne 124th Terrace, Miami, FL 33161 was last sold in 02/25/2003 for $158,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 55 Ne 124th Terrace, Miami

Create a free account to view the complete sales history for 55 Ne 124th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
02/25/2003 $158,000

Title Documents for 55 Ne 124th Terrace, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
02/25/2003 - D
02/06/2003 - R
Deed
10/12/1984 - R Warranty Deed
                 
                 
                 
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R: Recorded date
D: Document date

Property Taxes for 55 Ne 124th Terrace, Miami

Access detailed property tax data for 55 Ne 124th Terrace, Miami, FL 33161. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $5,403
Current property tax $1,698
Market value $456,648
Assessed value $153,089

Assessment History for 55 Ne 124th Terrace, Miami

Here's the assessment & property tax history for 55 Ne 124th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $456,648 $153,089 22.1415 $5,403 +1.32%
2024 $457,168 $148,775 22.1585 $5,333 +5.85%
2023 $416,437 $144,442 22.2639 $5,038 +5.15%
2022 $393,795 $140,235 22.2531 $4,791 +11.17%
2021 $306,381 $136,151 22.8933 $4,310 -32.12%

Miami residential market stats

Median Sale Price
$519,900
-1% YoY
Median Price/Sqft
$333
1.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade County.

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Risk

Create a free account to unlock extended information for 55 Ne 124th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) 0.2 (See more on map)

Transportation

Access the detailed traffic volume map for 55 Ne 124th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Gratigny Elementary School 6 Public PK, K-5 417 0.29
Gratigny Elementary School 6 Public PK, K-5 417 0.29
Bethany Covenant School NR Private PK, K-4 0 0.32
Bethany Covenant School NR Private PK, K-4 0 0.32
Marie A. Rivette Child Development Center NR Private K-8 48 0.38

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Marie A. Rivette Child Development Center NR Private K-8 48 0.38
Seven Day Adventst Union Academy NR Private PK, K-12 0 0.51
Miami Union Academy Sda NR Private PK-12 314 0.51
Miami Union Academy of SDA NR Private PK-12 312 0.51
Aspira Raul Arnaldo Martinez Charter School NR Charter 6-8 400 0.59

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Keystone National High School (Virtual) NR Private 9-12 853 0.39
Seven Day Adventst Union Academy NR Private PK, K-12 0 0.51
Miami Union Academy Sda NR Private PK-12 314 0.51
Miami Union Academy of SDA NR Private PK-12 312 0.51
Lively Stones for Jesus School of the Future NR Private 4-12 10 0.59

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 55 Ne 124th Terrace, Miami

Here are the neighbors for 55 Ne 124th Terrace, Miami.

Address Square feet Purchase date Purchase price
40 NE 124th Ter, Miami 1,897 08/18/2016 $270,000
45 NE 124th Ter, Miami 2,073 03/13/2025 $855,000
10 NE 125th St, Miami 1,817 06/28/2024 $10
50 NE 124th Ter, Miami 2,125 01/04/2022 $455,000
35 NE 124th Ter, Miami 1,952 07/29/1993 $82,500
60 NE 125th St, Miami 1,856 12/30/1996 $89,000
30 NE 124th Ter, Miami 2,944
15 NE 123rd Ter, Miami 1,876 02/28/2020 $10
35 NE 123rd Ter, Miami 1,729
50 NE 125th St, Miami 2,498 09/23/2021 $490,000
65 NE 124th Ter, Miami 2,077 11/08/2023 $10
25 NE 124th Ter, Miami 1,870 05/24/2019 $375,000
20 NE 125th St, Miami 1,953
10 NE 124th Ter, Miami 2,788 11/20/2020 $355,000
25 NE 123rd Ter, Miami 2,130 08/15/1995 $90,000
15 NE 124th Ter, Miami 2,025 04/17/2023 $452,000
30 NE 125th St, Miami 1,923 09/05/2024 $10
60 NE 124th Ter, Miami 2,467 11/15/2024 $840,000
20 NE 124th Ter, Miami 2,051 12/06/2002 $10
40 NE 125th St, Miami 2,119 06/03/1988

Nearby ZIP Codes for 55 Ne 124th Terrace, Miami

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