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242 NE 55th Ter, Miami FL 33137

Multi-family For Sale
$1,000,000

BTC: 12.57861635

ETH: 424.50046907

-$300K (2026/04/10)
731 days
0 room(s)
1,620 sqft

Overview

Discover a fantastic investment in this well-maintained multifamily property situated in a thriving neighborhood in an opportunity zone. This property boasts multiple spacious units, each featuring modern finishes, ample natural light, ensuring convenience for both tenants and owners. With a strong rental history and low vacancy rates, it’s an ideal addition to any portfolio. Enjoy the benefits of being in a desirable area with close proximity to local amenities, parks, public transport, restaurant, schools and much more!!!Duplex operating as a fourplex.

Location

Florida • Miami • 33137 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1953
Lot:
No Data
Heating:
Electric
Price/sqft:
$617
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$699,000
$605K – $1.1M
Confidence Low
List vs. estimate
$301K above estimate
List $1,000,000 · +43.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$617
+41.0% vs. city median $437
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $627K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,815
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Other

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 01-31-13-065-0720

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $6,815

  • Source details

    • MLS ID: A11674866

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Blinds

    • Architectural Style: Attached

    • Living Area: 1620

    • Water Source: Municipal Water

    • Subdivision Name: DIXIE HIGHWAY TRACK

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
33137
277
median $799K
Active
Same city
Miami
6,009
median $650K
Active
Same type
Multi-family
232
median $949K
Active
Similar price
$700K – $1.3M
1,419
median $895K
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: Green Lands Realty