Miami-Dade County  »  33161  »  NE 118th Ter  »  1559 NE 118th Ter

1559 Ne 118th Terrace, Miami, FL 33161 - Property report

Also known as: 1559 NE 118th Ter

Property image for 1559 Ne 118th Terrace, Miami, FL 33161
static Mapbox map

Property type

Multifamily 2-9 Units: 2 Living Units (0802)

Year built

1954

Acreage

0.237

Sale price

$590,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1559 Ne 118th Terrace
ZIP code
33161
County
Miami-Dade
Municipality
30
Neighborhood
302232020
Parcel ID
3022320200670

Owner

Find out who owns 1559 Ne 118th Terrace, Miami, FL 33161. Uncover corporate and individual owners with a free account.

Sales
Sale date
04/09/2024
Sale price
$590,000
Arm's length
Tax
Tax year
2025
Current property tax
$8,340
Building
Property type
Multifamily 2-9 Units: 2 Living Units (0802)
Building sq. ft.
1,896
Buildings on lot
1
Stories
1
Year built
1954
Bedrooms
4
Bathrooms
2
Lot
Acreage
0.237
Zoning & Use
Zoning
Two-Family Residential District, 7,500 FT2 Net (RU-2)
Units
2

Area overview

Walk score
75 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
58 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 1559 Ne 118th Terrace, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1559 Ne 118th Terrace, Miami, FL 33161

Sale date Sale price Buyer name Seller name
04/09/2024 $590,000 XXXX XXX XXXX XXX XXX XXXXXXXXXXX X XXX
07/18/2022 $410,000 XXX XXXXXXXXXXX X XXX XXXXXX XXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/13/2026 - R
07/06/2026 - D		 Mortgage XXXX XXX XXXX XXX XXXX
04/09/2024 - D
04/09/2024 - R		 Mortgage XXXX XXX XXXX XXX XXXXXX XXXXXXX XXXX
04/09/2024 - D
04/09/2024 - R		 Deed XXX XXXXXXXXXXX X XXX XXXX XXX XXXX XXX
02/07/2023 - R
02/06/2023 - D		 Security Instrument XXX XXXXXXXXXXX X XXX XXXXXXXX XXXXXXXXX XXXXXXXX XXX
07/18/2022 - D
07/18/2022 - R		 Mortgage XXX XXXXXXXXXXX X XXX XXXXX XXXXXXXXXXX XXX
07/18/2022 - D
07/18/2022 - R		 Deed XXXXXX XXXXX XXX XXXXXXXXXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1559 Ne 118th Terrace, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$9,399
Current property tax
$8,340
Recent tax assessments
Market value
$555,142
Land value
$423,120
Building value
$132,022
Assessed value
$555,142

More about Miami-Dade County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $555,142 $555,142 16.9317 $9,399 -1.62%
2024 $563,727 $563,727 16.9487 $9,554 -0.63%
2023 $563,781 $563,781 17.0541 $9,615 +102.80%
2022 $393,598 $205,433 17.0433 $4,741 +13.48%
2021 $313,781 $186,758 17.6056 $4,178 -23.25%
2020 $308,312 $172,560 17.6571 $5,444 +23.22%
2019 $249,533 $156,873 17.7054 $4,418 +19.26%
2018 $214,574 $142,612 17.2644 $3,704 +13.98%
2017 $185,609 $129,648 17.5107 $3,250 +13.64%
2016 $159,853 $117,862 17.8921 $2,860 -0.25%
Permits

Permit information for 1559 Ne 118th Terrace, Miami, FL

No recently recorded permits for this property.

Neighborhood

Miami residential market stats

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.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1559 Ne 118th Terrace, Miami, FL 33161 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
El Shaddai School NR Private K-3 0 0.47
Alberto's Dream Childcare and Learning Center NR Private PK-2 70 0.55
Alberto's Dream Childcare and Learning Center NR Private PK-2 70 0.55
W. J. Bryan Elementary School 5 Public PK, K-5 622 0.58
W. J. Bryan Elementary School 5 Public PK, K-5 622 0.58
Mater Academy Bay Biscayne North Miami 8 Charter K-5 496 0.63
Lanaar Elementary School NR Private 1-2 31 0.82
Temple Beth Moshe Preschool NR Private PK-1 37 0.82
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Mater Academy Biscayne Middle School 8 Charter 6-8 97 0.62
Miami Country Day School NR Private PK-12 1,290 1.01
The Challenger School NR Private PK-8 63 1.07
Montessori School Of North Miami NR Private K-12 0 1.12
Miami Country Day School NR Private PK, K-12 0 1.31
Miami Country Day School NR Private PK, K-12 0 1.31
North Miami Senior Adult Education NR Public 0 1.31
North Miami Middle School 3 Public 6-8 807 1.51
Aspira Raul Arnaldo Martinez Charter School NR Charter 6-8 400 1.91
Ruth K. Broad Bay Harbor K-8 Center 10 Public PK, K-8 1,249 2.17
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Mater Academy Biscayne North Miami High Sch 8 Charter 9-12 68 0.62
Miami Country Day School NR Private PK-12 1,290 1.01
Montessori School Of North Miami NR Private K-12 0 1.12
Miami Country Day School NR Private PK, K-12 0 1.31
Miami Country Day School NR Private PK, K-12 0 1.31
North Miami Senior Adult Education NR Public 0 1.31
North Miami Senior High School 3 Public 9-12 1,747 1.34
Advance Christian Academy NR Private PK-12 41 1.35

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1559 Ne 118th Terrace, Miami, FL

1529 NE 118th Ter, Miami 1541 NE 118th St, Miami 1497 NE 118th Ter, Miami 1457 NE 118th Ter, Miami 1481 NE 118th St, Miami 1565 NE 118th Ter, Miami 1471 NE 118th St, Miami 1489 NE 118th Ter, Miami 1531 NE 118th St, Miami 1505 NE 118th St, Miami 1553 NE 118th Ter, Miami 1501 NE 118th Ter, Miami 1515 NE 118th St, Miami 1545 NE 118th Ter, Miami 1515 NE 118th Ter, Miami 1465 NE 118th Ter, Miami 1525 NE 118th St, Miami 1521 NE 118th Ter, Miami 1561 NE 118th St, Miami 1495 NE 118th St, Miami

Nearby ZIP codes for 1559 Ne 118th Terrace, Miami, FL

33013, Miami-Dade County, FL 33054, Miami-Dade County, FL 33056, Miami-Dade County, FL 33127, Miami-Dade County, FL 33137, Miami-Dade County, FL 33140, Miami-Dade County, FL 33147, Miami-Dade County, FL 33150, Miami-Dade County, FL 33154, Miami-Dade County, FL 33162, Miami-Dade County, FL 33167, Miami-Dade County, FL 33168, Miami-Dade County, FL 33169, Miami-Dade County, FL 33179, Miami-Dade County, FL 33181, Miami-Dade County, FL

Frequently asked questions

What is the year built for 1559 Ne 118th Terrace, Miami, FL 33161?

The development at 1559 Ne 118th Terrace, Miami, FL 33161 was built in 1954.

What is the total square footage of 1559 Ne 118th Terrace, Miami, FL 33161?

1559 Ne 118th Terrace, Miami, FL 33161 has a total of 1,896 square feet.

When was 1559 Ne 118th Terrace, Miami, FL 33161 last sold and what was the sale price?

1559 Ne 118th Terrace, Miami, FL 33161 was last sold on 04/09/2024 for $590,000.

What is the assessed value of 1559 Ne 118th Terrace, Miami, FL 33161?

1559 Ne 118th Terrace, Miami, FL 33161 is currently assessed at $555,142.

What are the property taxes for 1559 Ne 118th Terrace, Miami, FL 33161?

The property taxes for 1559 Ne 118th Terrace, Miami, FL 33161 total $9,399.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account