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$699,000 -$6,000 (-0.85%) Price Reduced
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Property Description
**Excellent opportunity for first-time homebuyers or investors!** Charming duplex featuring two 2-bedroom, 1-bath units, each with a Florida room, in the heart of North Miami. Live in one unit and rent the other to help offset your mortgage while building equity in one of Miami's fastest-growing areas. Each light-filled unit offers tile floors, a spacious kitchen, generous living area, ample closet space, washer/dryer connections, and a private patio perfect for entertaining. The property also features a large driveway with parking for up to six cars. Situated on a quiet street near NE 132th Ter and NE 6th Ave with easy access to shopping, dining, major highways, parks, Barry University, grocery stores, and public transportation. Freshly painted and move-in ready. **7,200 SF lot. Multifamily zoning (2 living units), offering excellent long-term value and investment potential.**
Full Property Details
Full Property Details for 525 NE 132nd Terrace
General
- Price: $699,000
- Taxes: $9,916 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A12023502
- Updated: 6/27/2026
- Added to Site: 40 day(s) ago
Rental Information
- Rent Includes: Hot Water, Gardener
Interior
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Bellwood Homesites
- County: Miami-Dade County
- Subdivision: BELLWOOD HOMESITES
- Building Name: BELLWOOD HOMESITES
Community
- Community Name: Bellwood Homesites
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Double Hung Metal
- Stories/Levels: 1
- Square Feet: 2,168
- Living Area: 2,168 Sq. Ft.
- Year Built: 1959
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3700
Financial Considerations
- Price Per Sq. Ft.: $322.42
- Tax Amount: $9,916
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: 30 52 42 BELLWOOD HOMESITES PB 41-33 LOT 5 BLK 2 LOT SI
- Property ID: 06-22-30-003-0120
Listed by London Foster Realty
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Schools
Schools serving 525 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 | 0.3 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 NE 132nd Terrace
Date
Details
Price
Change
Source
6/27/2026
Price Reduced
$699,000
-0.85%
MLS
5/19/2026
Listed
$705,000
88%
MLS
3/31/2021
Sold
$375,000
—
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 525 NE 132nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,292
—
$446,629
-1%
2024
$9,292
9%
$450,760
9%
2023
$8,524
140%
$414,760
112%
2021
$3,549
-52%
$195,266
-42%
2022
$7,467
110%
$335,560
86%
2021
$3,549
26%
$180,124
10%
2019
$2,807
8%
$164,292
6%
2018
$2,599
10%
$155,515
5%
2017
$2,369
5%
$147,474
8%
2016
$2,262
2%
$136,647
6%
2015
$2,215
11%
$129,149
6%
2014
$1,993
11%
$122,241
6%
2013
$1,801
—
$115,528
—
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 525 NE 132nd Terrace
525 NE 132nd Ter, North Miami, FL 33161 (MLS# A12023502) is a Duplex property with 0 bedrooms and 0 full bathrooms. 525 NE 132nd Ter is currently listed for $699,000 and was received on May 19, 2026. Want to learn more about 525 NE 132nd Ter? Do you have questions about finding other Duplex 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.

