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2 Beds
1 Bath
576 sqft

$475,000

1063 NW 55th Terrace, Miami FL, 33127

Price per sqft$824.65
Built in1930
Property size576 sqft
Property typeResidential

Overview

Active

Listed Sep 24, 2026

Updated 8h ago

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.

$3,160/mo

Est. mortgage payment based on a $475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12094648

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$2,615
Tax Frequency
Annually
55+/Senior Community
No

Listed with Luxe Properties

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:59 AM UTC, 10/8/2026

 

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