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Property Description
Fully renovated 2 bed, 1 bath home with a spacious Florida room on a desirable corner lot in North Miami. Featuring impact windows and doors (2022), new A/C (2023), modern kitchen and new floors (2025), updated bathroom with new vanity and fixtures, and an upgraded roof. The Florida room offers flexible space for a home office, playroom, or potential 3rd bedroom. Large fenced yard, abundant natural light, and ample parking. Seller has full plans available to convert the home into a true 3 bed, 2 bath layout , included upon request. Conveniently located near I-95, Biscayne Blvd, schools, and shopping. No HOA. Ideal for first-time buyers, investors, or those seeking a move-in ready property
Full Property Details
Full Property Details for 505 NE 132nd Terrace
General
- Price: $549,000
- Taxes: $8,137 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11954407
- Updated: 1/28/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Cooking Island, Florida Room
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Other Rooms
- Living Room: Florida Room Sq. Ft.
Exterior
- Exterior Features: Fruit Trees
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Spaces Available, Driveway
Location
- Area: Bellwood Homesites
- County: Miami-Dade County
- Subdivision: BELLWOOD HOMESITES
- Building Name: BELLWOOD HOMESITES
- Driving Directions: From I-95, take exit 10A for NW 135th St and head east. Turn right onto NE 5th Ave, then left onto NE 132nd Terrace. Property is on the left at the corner of NE 5th Ave and NE 132nd Ter.
- Direction Faces: East
School Information
- Middle School: North Miami
Community
- Community Name: Bellwood Homesites
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Building Size: 1492
- Square Feet: 1,364
- Sq. Ft. Source: Appraisal
- Living Area: 1,364 Sq. Ft.
- Year Built: 1952
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 6,300
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $402.49
- Tax Amount: $8,137
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BELLWOOD HOMESITES PB 41-33 W1/2 OF LOT 6 & W1/2 OF S1/2 OF LOT 7 BLK 2 LOT SIZE 70.000 X 90 OR 17722-3331 0797 4 COC 23822-1347 09 2005 1
- Restrictions: No Restrictions
- Property ID: 06-22-30-003-0140
Listed by Avanti Way Realty LLC
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Schools
Schools serving 505 NE 132nd Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Archcreek Elementary School 702 Northeast 137th Street, North Miami, FL 33161 | PK-5 | 0.4 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 0.4 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 NE 132nd Terrace
Date
Details
Price
Change
Source
1/28/2026
Listed
$549,000
79.41%
MLS
4/29/2021
Sold
$306,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 NE 132nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,633
9%
$373,450
9%
2023
$6,997
66%
$342,874
73%
2021
$4,225
-31%
$197,968
-28%
2022
$6,108
45%
$274,502
59%
2021
$4,225
24%
$172,791
17%
2019
$3,394
9%
$147,627
10%
2018
$3,126
12%
$134,751
10%
2017
$2,793
-2%
$122,501
—
2016
$2,840
-3%
$122,536
—
2015
$2,934
47%
$122,345
56%
2014
$1,995
15%
$78,241
10%
2013
$1,739
—
$71,129
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 NE 132nd Terrace
505 NE 132nd Ter, North Miami, FL 33161 (MLS# A11954407) is a Single Family property with 2 bedrooms and 1 full bathroom. 505 NE 132nd Ter is currently listed for $549,000 and was received on January 28, 2026. Want to learn more about 505 NE 132nd Ter? Do you have questions about finding other Single Family real estate for sale in North Miami? You can browse all North Miami real estate or contact a Coldwell Banker agent to request more information.

