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$470,000
1063 NW 55th Terrace
Miami, FL 33127
MLS# A12094648
2 beds  |  1 baths  |  600 sqft


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Property 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.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-09-23
Status: Active
Original List Price: 470000
List Price: $470,000
Current Price: $470,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33127
Subdivision Number: 32
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1063
Street Direction Prefix: NW
Street Name: 55th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1433
Subdivision Name: BOWLING GREEN EXTENSION
Area: 2310
Elementary School: Orchard Villa
Middle Or Junior School: Brownsville
High School: Miami Northwestern
Parcel Number: 0131140320370
Zoning: 0104
General Property Information
Adjusted Area Main: 588
Living Area Main: 576
Lot Size Area: 6300
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 600
Year Built: 1930
Lot Size Acres: 0.14
Direction Faces: South
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Annual Amount: 2615
Tax Year: 2024
Tax Legal Description: 14 53 41 BOWLING GREEN EXTN PB 10-62 LOT 6 & STRIP OF LAND 26 X 50 FT ADJ ON NORTH BLK 3 LOT SIZE 50.000 X 126 OR 17094-0558 0290 1
Office/Member Information
DXORIGMLSID: SEF
Dining Area
Breakfast Area: 1
Dining/Living Room: 1
Entry Information
Entry Level: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Parking Features
Driveway: 1
On Street: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Fencing
Fenced: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
Corporate Owned: 1
Heating
Electric: 1
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Frame: 1
Stucco: 1
Laundry Features
Washer Hookup: 1
Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Water Source
Public: 1
Cooling
Electric: 1
Showing Requirements
Call Listing Agent: 1
Lockbox: 1
Showing Service: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Master Bdrm - Ground: 1
Separate Shower: 1
Restrictions
No Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Patio: 1
Room Types
Maid/In-Law Quarters: 1
Price Calculations
Current Price To SqFt: 815.97
Section Details
Parcel Number MLX: 0370
Status Change Information
Major Change Timestamp: 2026-09-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-23
Originating Details
Originating System Key: 564514137
Originating System ID: M00000151
Property Features
Dining Area: Breakfast Area; Dining/Living Room
Exterior Features: None
Flooring: Ceramic Tile
Parking Features: Driveway; On Street
Property Condition: Resale
Appliances: Electric Range; Refrigerator
Construction Materials: Frame; Stucco
Cooling: Electric
Fencing: Fenced
Heating: Electric
Laundry Features: Washer Hookup; Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Negotiable
Restrictions: No Restrictions
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Special Information: Corporate Owned
Tax Information: Tax Reflects No Exemptions
Water Source: Public
Showing Requirements: Call Listing Agent; Lockbox; Showing Service
Outdoor Living Spaces: Patio
Room Types: Maid/In-Law Quarters
Room Information
Room Name
Maid/In-Law Quarters

IDX
Listing Office: Luxe Properties
Source MLS Verified

Last Updated: September - 24 - 2026

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