See Home Value
$3,407,812*
House - Off Market

545 NE 55th Terrace

Miami, FL 33137
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
$2,925,000 - $3,575,000
Reference Base Price*
4.86%
Since Jul 1, 2022
FL-Miami
Primary Model
Sold Jul 12, 1993
$145,500
$138,200 by Prime Mtg Inv Inc
Mortgage

About This Property

Brand new 4 bedroom home ready to sell.  Take advantage of this unique opportunity and choose your finishes.  Located right in Historic Morningside, this exclusive new construction home, designed by local architects, is ready to finish.  Schedule a tour, come see the plans, and explore the intended design set, give us a call today!!  Expected delivery Summer/Fall 2021.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
Jun 12, 2022 No longer available -
No longer available
Apr 8, 2022 In contract -
In contract
Apr 3, 2022 No longer available -
No longer available
Oct 23, 2021 Price Increased $3,250,000
↑ $410K (14.4%)
Price Increased
Oct 23, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,137
  • Gross Building Area: 2,137
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE PLAZA RESUB
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE PLAZA RESUB PB 39-51 LOT 24 LOT SIZE 75.000 X 110 OR 15978-2422 0693 1

Ownership

  • Current Owner : PRELAZ EDWARD J
  • Previous Owner : GRETHEN JOHN P
  • Previous Owner 2: BOYLE JAMES J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 174
  • District: 01
  • Parcel: 01-3218-028-0230
  • Lot: 24
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8263
  • Longitude: -80.1837

    Address

  • Full Address: 545 Ne 55th St
  • Address - House Number: 545
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 3005
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 1,952
  • Tax Year: 2023
  • Tax Amount: $10,661
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 1,605,803
  • High Value: 1,823,363
  • Low Value: 1,388,242

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $238,200
  • First Open Lien Mortgage Lender: PRIME MTG INV INC
  • First Open Lien Mortgage Recording Date: Jul 12, 1993
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $138,200
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jun 26, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 07, 2048

    Market Valuation

  • Market Total Value: $1,092,588
  • Market Land Value: $907,294
  • Market Improvement Value: $185,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,913

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 1993
  • Current Sale Recording Date: Jul 12, 1993
  • Current Sale Transaction ID: 11457921893
  • Current Sale Price: $145,500
  • Current Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME MTG INV INC
  • First Mortgage Transaction Date: Jul 12, 1993
  • First Mortgage Loan Amount: $138,200

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,077 ft²
$1,137/ft²
$3,499,000 Nov 22, 2022
-
$2,045/mo
House
4 Beds
3 Baths
5,180 ft²
$570/ft²
$2,950,000 Aug 20, 2022
-
$1,383/mo
House
3 Beds
2.5 Baths
2,122 ft²
$1,508/ft²
$3,200,000 Oct 6, 2022
-
$1,238/mo
House
5 Beds
4.5 Baths
2,700 ft²
$1,222/ft²
$3,299,999 May 17, 2022
-
$385/mo
House
3 Beds
3 Baths
2,312 ft²
$1,125/ft²
$2,600,000 Dec 2, 2022
-
$1,501/mo
House
3 Beds
3 Baths
2,226 ft²
$1,550/ft²
$3,450,000 Nov 17, 2022
-
$1,419/mo
House
3 Beds
3 Baths
1,768 ft²
$1,669/ft²
$2,950,000 Nov 16, 2022
-
$1,316/mo
House
3 Beds
2 Baths
2,216 ft²
$1,173/ft²
$2,600,000 Nov 17, 2022
-
$1,308/mo
House
6 Beds
4 Baths
-
$3,375,000 Jul 16, 2021
-
$2,066/mo
House
6 Beds
8 Baths
5,661 ft²
$662/ft²
$3,750,000 Mar 31, 2018
-
-
Triplex
Stu
-
3,296 ft²
$910/ft²
$2,999,999 May 28, 2022
-
$1,160/mo
Commercial
Loft
-
-
$3,100,000 May 6, 2022
-
$1,296/mo

About Northern Miami


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Frequently Asked Questions

When was property at 545 Northeast 55th Street built and last sold?
The property at 545 Northeast 55th Street was built in 1939 and last sold on Jun 27, 1993 for $145,500.
How much is this home worth?
The estimated value of the home located at 545 Northeast 55th Street is $3,282,500.
What are some comparable homes to 545 Northeast 55th Street?
There are currently no comparable homes to 545 Northeast 55th Street.

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