525 NE 132nd Ter, North Miami FL 33161, NORTH MIAMI, FL, 33161
Active90 days on marketListed May 19, 2026MLS #A12023502
About this home
525 NE 132nd Ter, North Miami FL 33161
**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.**
Facts & features
The home at a glance
2,168
Sqft
1959
Year built
$322
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,020 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,020/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs North Miami actives
$322 vs $268
Days on market
90 vs 78 typical
Where $322/sqft sits among the 366 North Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Central
Get to know North Miami. See the full North Miami guide →
Central — neighborhood snapshot
Population
36,149
Median age
37
Median income
$56,006
Median home value
$331,786
Avg household
3
Households w/ children
4,191
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Miami market
$555K → $538K
North Miami median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
30 of 366
North Miami actives have cut their price
Median sold price, North Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 438% above the NORTH MIAMI 33161 median. See the full North Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 525 NE 132nd Ter
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$530,000
505 NE 132nd Ter, North Miami FL 33161 · same community
2 bd · 1 ba · 1,364 sqft · $389/sqft · 6 DOM
Sold · Jul ’26$376,000
530 NE 132nd Ter, North Miami FL 33161 · same community
2 bd · 1.5 ba · 1,086 sqft · $346/sqft · 178 DOM
Sold · Nov ’25$1,300,000
646 NE 114th St, Biscayne Park FL 33161
3 bd · 2 ba · 2,100 sqft · $619/sqft · 170 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 525 NE 132nd Ter — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 525 NE 132nd Ter — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
525 NE 132nd Ter FAQs
What would the monthly payment be for 525 NE 132nd Ter, North Miami FL 33161?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,020/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 525 NE 132nd Ter, North Miami FL 33161?+
The most recent tax bill on record (2025) was $9,916. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in North Miami?+
At $699,000, this home is listed about 137% above the North Miami median of $295,000. The market section on this page shows how the area is trending.
Which schools are assigned to 525 NE 132nd Ter, North Miami FL 33161?+
Archcreek Elementary School (elementary), North Miami Middle School (middle), North Miami Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of London Foster Realty · Ingrid Centeno de Souto. MLS #A12023502.
IDX information is provided exclusively 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 accurate by Miami Association of REALTORS®.
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