Duplex in 525 NE 132nd Terrace, North Miami, FL 33161 with MLS# A12023502

• 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.**

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Days on the market

525 NE 132nd Terrace, North Miami, FL 33161

Price
Price:
$699,000.00
Original List Price:
$705,000.00
List Price per Sq Ft (Calculated, Approx.):
$329.79
Close Price:
$715,000.00
Transaction closed on:
August 28, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
August 28, 2026 4:00 am
Measures
Living Area:
2,168 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1959
Roof:
Shingle
Number of Units Total:
1
Levels:
Two
Construction Materials:
Block
Flooring:
Tile
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
1
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$9,916.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Water Source:
Public
Community
Subdivision Name:
BELLWOOD HOMESITES
Senior Community:
No
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
30 52 42 BELLWOOD HOMESITES PB 41-33 LOT 5 BLK 2 LOT SI
Real Estate Folio Number (Parcel Number):
0622300030120
Zoning:
3700
Public Schools Assigned
Elementary School:
Timber Trace
High School:
North Miami
Middle Or Junior School:
North Miami
Listing History
Active on the market since:
May 19, 2026
Listing Agreement executed on:
May 19, 2026
Purchase Contract Date:
July 21, 2026
Price change occurred on:
June 27, 2026 3:43 am
Listing Status Last Changed On:
August 28, 2026 4:00 am
Photos updated on:
September 1, 2026 12:05 am
Last Modified:
September 1, 2026 12:06 am
Additional Information
Courtesy of:
London Foster Realty
Attribution:
Not provided
Location
Street Name:
132nd
Street Number:
525
City:
North Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 53' 49.6''
Longitude:
W81° 48' 42.7''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 525 NE 132nd Terrace, North Miami, FL 33161
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.