Miami-Dade County  »  33127  »  NW 55th Ter  »  720 NW 55th Ter

720 Northwest 55th Terrace, Miami, FL 33127 Property Information

720 Northwest 55th Terrace, Miami, FL 33127 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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720 Northwest 55th Terrace, Miami, FL 33127
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Address

Primary address 720 Northwest 55th Terrace, Miami
Zip code 33127
County Miami-Dade
Municipality Miami
Neighborhood Liberty City
Parcel ID 0131140300300

Sales & Tax Overview for 720 Northwest 55th Terrace, Miami

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Sale date 10/18/2023
Sale price $330,000
Arm's length
Property tax $5,891

Lot & Building Information for 720 Northwest 55th Terrace, Miami

Building class Vacant Land - Commercial: Vacant Land (1081)
Acreage 0.15
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
School district Miami-Dade County Public Schools

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Other Property Data for 720 Northwest 55th Terrace, Miami

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  • • Improvements for 720 Northwest 55th Terrace, Miami , including their type, square footage, grade and when they were built.
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About 720 Northwest 55th Terrace, Miami

What is the market value of 720 Northwest 55th Terrace, Miami, FL 33127?

The current market value is $294,750.

Ownership Information

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Past Sales & Property History for 720 Northwest 55th Terrace, Miami

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Purchase date Purchase price Buyer name Seller name
10/18/2023 $330,000
08/05/2022 $170,000
03/23/2021 $10
       
       
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*Here are the three most recent sales for this property.


Title Documents for 720 Northwest 55th Terrace, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
10/18/2023 - D
10/26/2023 - R
Deed
02/15/2023 - D
02/17/2023 - R
Agreement
02/13/2023 - D
02/15/2023 - R
Agreement
08/05/2022 - D
08/08/2022 - R
Quit Claim Deed
04/04/2022 - D
04/07/2022 - R
Security Instrument 03/01/2024
03/23/2021 - D
03/26/2021 - R
Deed
12/30/2020 - D
01/08/2021 - R
Quit Claim Deed
01/19/2012 - D
01/19/2012 - R
Quit Claim Deed
07/28/2009 - R Quit Claim Deed
12/13/2004 - D
12/13/2004 - R
Quit Claim Deed
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R: Recorded date
D: Document date

Property Taxes for 720 Northwest 55th Terrace, Miami

Access detailed property tax data for 720 Northwest 55th Terrace, Miami, FL 33127. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $5,891
Market value $294,750
Assessed value $294,750

Assessment History for 720 Northwest 55th Terrace, Miami

Here's the assessment & property tax history for 720 Northwest 55th 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
2024 $294,750 $294,750 20.0332 $5,905 +24.30%
2023 $262,000 $216,150 20.5564 $4,750 +17.27%
2022 $196,500 $196,500 20.6152 $4,051 +94.10%
2021 $98,250 $98,250 21.2466 $2,087 +87.00%
2020 $52,400 $50,435 21.2981 $1,116 +14.03%

Miami residential market stats

Median Sale Price
$530,000
1% YoY
Median Price/Sqft
$330
-4.3% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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Demographics By Zip Code

Total population 27,585
Median age 36
Average household income $60,630
Family households 64.5%
Occupied housing units 9,398
Owner occupied units 27.8%
Average number of people per household 2
Median year structure built 1960
Median value for units with a mortgage $428,500
Median value for units without a mortgage $380,400

Risk

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

Transportation

Access the detailed traffic volume map for 720 Northwest 55th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 720 Northwest 55th Terrace, Miami

Here are the neighbors for 720 Northwest 55th Terrace, Miami.

Address Square feet Purchase date Purchase price
750 NW 55th Ter, Miami 2,071
790 NW 55th Ter, Miami 1,515 01/22/2025 $0
744 NW 55th Ter, Miami 1,938 02/13/2020
5521 NW 7th CT, Miami 1,048 04/03/2006
5550 NW 9th Ave, Miami 07/26/2013 $24,000
828 NW 55th Ter, Miami 2,560 03/09/2010 $10
796 NW 55th Ter, Miami 2,556 06/22/2021 $10
5520 NW 7th CT, Miami 2,195 03/21/2025 $599,000
5529 NW 7th CT, Miami 1,769 06/30/2017 $252,000
730 NW 55th Ter, Miami 2,023 01/26/2005 $199,000
5534 NW 7th Ave, Miami 1,796 03/02/2023 $10
710 NW 55th Ter, Miami 03/10/2005 $503,888
929 NW 55th Ter, Miami 3,810 10/22/2001
760 NW 55th Ter, Miami 1,769 03/05/2012 $10
5552 NW 9th Ave, Miami 1,176 07/07/2012 $113,000
921 NW 55th Ter, Miami 1,772 08/06/2003 $10
5525 NW 9th Ave, Miami 1,607 05/31/2017 $0
812 NW 55th Ter, Miami 2,149 02/13/2018 $270,000
802 NW 55th Ter, Miami 2,108 11/08/2005 $10
5530 NW 7th CT, Miami 1,566 01/13/2022 $395,000

Nearby ZIP Codes for 720 Northwest 55th Terrace, Miami

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