NOT LISTED FOR SALE

520 NE 55th Terrace Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $1,765,000 - $2,357,000

4 Beds
3 Baths
2,733 Sq Ft
$744/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $975,000 $357 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,604/month

265 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Sun or Florida Room
  • Gated Community
  • Main Floor Bedroom
  • 4-minute walk to Morningside Park

About This Home

As of July 2020

Best location in Morningside. Two story elegant estate. 3 bedroom 2 baths upstairs, 1 bedroom 1 bath downstairs. Oversized yard with gorgeous pool & ground. Huge avocado tree, hurricane windows and shutters, eat in kitchen with breakfast nook plus formal dining room, separate laundry room

Last Agent to Sell the Property

Robert Evangelista

One Sotheby's International Re License #0642348 Listed on: 09/15/2019

One Sotheby's International Re

Last Buyer's Agent

Robert Evangelista

One Sotheby's International Re License #0642348 Listed on: 09/15/2019

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,182

Year Built

  • Built in 1937

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 75x110
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Awning
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Panel Shutters or Awnings
  • Clear Impact Glass
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • On-Street Parking
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-028-0180

Community Details

Overview

  • Property has a Home Owners Association
  • Morningside Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,182

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Biscayne to 51st, pass guard gate, left to 55 terrace.
  • Garage Yn: No
  • Horses: No
  • Lot Size: 75x110
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Morningside
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Florida Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2733
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Panel Shutters/Awnings, Hurricane Shutters, Impact Glass, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Florida Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Barrel Roof, Other
  • View: Pool
  • Exterior Features: Fruit Trees, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Awning(s), Open Porch, Patio
  • Pool Features: Auto Pool Clean, In Ground, Concrete, Equipment Stays, Gunite, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Morningside
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, On Street, Limited # Of Vehicle

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-18-028-0180
  • Lot Size Sq Ft: 8250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 12182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2025
Sold by
Pau Javier Fernando Fornaris and Espino Diana Helena
Bought by
Javier Fernando Fornaris Pau Revocable Trust and Diana Helena Briceno Espino Revocable Trust
Current Estimated Value
$2,034,348

Purchase Details

Listed on
Sep 15, 2019
Closed on
Jul 1, 2020
Sold by
Fernandez Maria T
Bought by
Espino Diana Helena Briceno and Fornaris Pau Javier
Seller's Agent
Robert Evangelista
One Sotheby's International Re
Buyer's Agent
Robert Evangelista
One Sotheby's International Re
List Price
$1,175,000
Sold Price
$975,000
Premium/Discount to List
-$200,000
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.94%
Original Mortgage
$775,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 31, 2013
Sold by
Baker Gregory R and Redmond John D
Bought by
Fernandez Maria T
Seller's Agent
Kimberly O'Mahony
BHHS EWM Realty
Buyer's Agent
Robert Evangelista
One Sotheby's International Re
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Jun 11, 2003
Sold by
Jackson Robin Jones
Bought by
Baker Gregory R and Redmond John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Javier Fernando Fornaris Pau Revocable Trust -- None Listed On Document
Javier Fernando Fornaris Pau Revocable Trust -- None Listed On Document
Espino Diana Helena Briceno $975,000 Ads Title Services Inc
Fernandez Maria T $720,000 Attorney
Baker Gregory R $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espino Diana Helena Brice $200,000
Previous Owner Espino Diana Helena Briceno $775,000
Previous Owner Baker Gregory R $355,000
Previous Owner Baker Gregory R $350,000
Previous Owner Baker Gregory R $357,500
Previous Owner Baker Greg R $26,000
Previous Owner Baker Greg R $321,000
Previous Owner Baker Gregory R $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $975,000 -11.3% $357 / Sq Ft
01/06/2020 01/06/20 Price Changed $1,099,000 -6.5% $402 / Sq Ft
09/13/2019 09/13/19 For Sale $1,175,000 +63.2% $430 / Sq Ft
01/31/2013 01/31/13 Sold $720,000 -3.9% $320 / Sq Ft
11/29/2012 11/29/12 For Sale $749,000 -- $333 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,590 $836,171 -- --
2024 $17,505 $812,606 -- --
2023 $17,505 $788,938 $0 $0
2022 $16,978 $774,533 $0 $0
2021 $16,966 $751,974 $515,617 $236,357
2020 $12,957 $568,062 $0 $0
2019 $12,709 $555,291 $0 $0
2018 $12,280 $544,938 $0 $0
2017 $12,182 $533,730 $0 $0
2016 $11,979 $522,753 $0 $0
2015 $12,783 $529,273 $0 $0
2014 $11,953 $525,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Evangelista

    One Sotheby's International Re

    (305) 915-0323

    22 Total Sales

    Section Image
  • Kimberly O'Mahony

    Seller's Agent in 2013

    Kimberly O'Mahony

    BHHS EWM Realty

    (305) 674-4000

    1 in this area

    21 Total Sales

    Section Image
  • Rod Alonso

    Seller Co-Listing Agent in 2013

    Rod Alonso

    BHHS EWM Realty

    (305) 321-9634

    4 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10739882

MIAMI REALTORS® MLS

APN: 01-3218-028-0180

Florida Miami/Dade County Miami 33137 Upper East Side South

520 NE 55th Terrace, Miami, FL

This home is located at 520 NE 55th Terrace, Miami, FL 33137 since 15 September 2019 and is currently estimated at $2,034,348, approximately $744 per square foot. This property was built in 1937. 520 NE 55th Terrace is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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