$499,500
Miami, FL 33127
MLS# B26041523
576 sqft
1 / 15
Property Description
INVESTOR SPECIAL IN 33127! Exceptional value-add opportunity in one of Miami's fastest-appreciating neighborhoods, just minutes from Wynwood, the Design District, Midtown, and Downtown. Situated on an oversized 6,300 SF lot, this property features a main residence plus a detached structure legally permitted as storage, offering outstanding potential for renovation, redevelopment, or future improvements (subject to City of Miami approvals). Ideal for fix-and-flip investors, rental portfolio expansion, or 1031 Exchange buyers seeking long-term appreciation in a high-demand location. Buyer to conduct their own due diligence regarding zoning, permitted uses, ADU potential, and future conversion possibilities. Rare opportunity with exceptional upside—don't miss it! Easy to show.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-06-15
Status: Active
Original List Price: 496500
List Price: $499,500
Current Price: $499,500
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
Municipality Type: Incorporated
Municipal Code: 01
Geographic Area: DADE
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
Number Of Units Total: 2
Adjusted Area Main: 588
Living Area Main: 576
Living Area Source: Other
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 6
Lot Size Area: 6300
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 9.36
Property Sub Type: Duplex
Building Area Main: 576
Building Area Source: Other
Year Built: 1930
Lot Size Acres: 0.14
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 53345
Assessor Market Value: 242169
Tax Annual Amount: 2698.72
Tax Year: 2025
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: RML
Exterior Features
Other: 1
Flooring
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Documents Available
Other Available Information: 1
Meter Information
Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Tenant Pays
None: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Sewer Available: 1
Water Available: 1
Heating
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 180
Leasing - Minimum Number of Days: 180
Construction Materials
Stucco: 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Roof
Shingle: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
Lockbox: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Exterior Alterations: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 576
Unit 1 Lease Description
Currently Leased YN: No
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Other: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 1
Baths Half: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 115
Unit 2 Lease Description
Currently Leased YN: No
Unit 2 Other Equipment
Other Equipment: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Den: 1
Price Calculations
Current Price To SqFt: 861.97
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-05T14:19:15Z
Major Change Type: Price Change
Price Change Timestamp: 2026-08-05T14:19:15Z
Status Change Date: 2026-06-15
Originating Details
Originating System Key: 20260615215309364259000000
Originating System ID: M00000170
Property Features
Documents Available: Other Available Information
Exterior Features: Other
Flooring: Wood
Leasing Permitted Details: Okay To Lease
Property Condition: Updated/Remodeled
Special Listing Conditions: Standard
Tenant Pays: None
Construction Materials: Stucco; Other
Cooling: Central Air
Heating: Electric
Listing Terms: Cash; Conventional; FHA
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Negotiable
Restrictions: No Exterior Alterations
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Electricity Connected; Sewer Available; Water Available
Water Source: Public
Showing Requirements: Lockbox
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Other
Unit 2 Other Equipment: Other Equipment
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Den
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Real Estate Empire Group, Inc.
Last Updated: August - 05 - 2026
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