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1063 NW 55th Terrace, Miami FL 33127

Multi-family For Sale
$496,500

BTC: 7.86223278

ETH: 311.34577880

27 days
0 room(s)
576 sqft

Overview

Investment opportunity with strong income and value-add potential. Fully renovated 2/1 main home featuring new roof, modern kitchen, updated bathroom, and new flooring, ready for immediate occupancy or rental. Property includes a detached structure currently configured with living space and bathroom and recorded as storage, offering significant upside potential for investors, BRRRR strategy, or redevelopment. Located in a high-demand rental area with strong tenant demand. Ideal for long-term hold or 1031 exchange buyers. Expansion and use subject to zoning, permits, and municipal approvals. Buyer to verify all information.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
0.14 Acres
Heating:
Electric
Price/sqft:
$862
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$339,000
$318K – $433K
Confidence Low
List vs. estimate
$157K above estimate
List $496,500 · +46.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$861
+99.9% vs. city median $431
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $495K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,698
2025
Pets
Allowed
All facts and features

  • Flooring

    • Wood

    Heating

    • Electric

    Cooling

    • Central Air

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 01-31-14-032-0370

    • Zoning: 0104

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $2,698

  • Source details

    • MLS ID: B26041523

    Other facts

    • Construction Materials: Other / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Living Area: 576

    • Water Source: Public

    • Subdivision Name: BOWLING GREEN EXTENSION

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
290
median $1.1M
Active
Same city
Miami
12,237
median $635K
Active
Same type
Multi-family
504
median $982K
Active
Similar price
$347K – $645K
3,599
median $495K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Real Estate Empire Group, Inc.