• Share

1063 NW 55th Terrace, Miami, Florida 33127

Active For Sale
$475,000
  • Beds 2
  • Baths 1
  • Sq Ft 576 Sqft
  • Visits: 2 in 49 days

Description

Investor and redevelopment opportunity in a centrally located Miami neighborhood! Situated on an approximately 6,300 square-foot lot, this property features a fully renovated 2-bedroom, 1-bath main residence plus an additional detached space currently set up as guest or in-law quarters. Enjoy immediate use of the renovated property while exploring its long-term potential for expansion or redevelopment, subject to applicable zoning, permitting, and municipal approvals. Conveniently located near Wynwood, the Design District, Midtown, Miami International Airport, major highways, and Miami Beach. An excellent opportunity for an investor or developer looking for a property with flexible space and future upside.

Features

  • Heating System: Electric
  • Cooling System: Electric
  • Fence: Fenced
  • Patio: Patio
  • Parking: Driveway, On Street
  • Furnished: Unfurnished

Appliances

  • Appliances: Electric Range, Refrigerator

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: BOWLING GREEN EXTENSION
  • Zipcode: 33127
  • Street: 55th
  • Street Number: 1063
  • Street Suffix: Terrace
  • Floor Number: 0
  • Longitude: W81° 47' 11.8''
  • Latitude: N25° 49' 35.4''
  • Street Dir Prefix: NW
  • MLS Area: 2310

MLS Addon

  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Development Status: New Construction
  • Elementary School: Orchard Villa
  • Exterior Features: None, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile
  • Garage Spaces: 0
  • High School: Miami Northwestern
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Breakfast Area, Living/Dining Room, Separate Shower, Main Level Primary
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: One
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Middle Or Junior School: Brownsville
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $2,615
  • Tax Year: 2024
  • Zoning: 0104

Location

Listing Updated: 2026-11-08 21:27:05

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12094648
  • Price : $475,000
  • View : Garden
  • Bedrooms : 2
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 576 Sqft
  • Year Built : 1930
  • Lot Area : 0.14 Acre
  • Listing Status : Active
  • Days On Market : 48
Contact Agent
Required
Required
Required
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.

Similar Single Family