Duplex in 242 NE 55th Ter Miami for sale with MLS# A11674866
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.
242 NE 55th Ter, Miami, FL 33137
Price
- Price:
- $1,000,000.00
- Previous Asking Price:
- $10,000.00
- Original List Price:
- $1,300,000.00
Lease Details
- Rent Includes:
- Sewer, Trash Collection
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11674866
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- April 10, 2026 2:59 pm
Measures
- Living Area:
- 1,620 Sqft
- Built-Up Area:
- 1,732 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
Property Features
- Waterfront:
- No
- Exterior:
- Fence, Lighting
- Windows:
- Blinds
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Electric
- Water Access Description:
- None
Construction
- Year Built:
- 1953
- Year Built Details:
- Resale
- Roof:
- Shingle
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Tile
- Stories:
- 1
Taxes and Expenses
- Tax Annual Amount:
- $5,994.00
- Tax Year:
- 2023
- Property Tax Status:
- Tax Reflects City & County Tax, Tax Reflects No Exemptions
Parking
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
Community
- Subdivision Name:
- DIXIE HIGHWAY TRACK
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
Zoning and Legal
- Tax Legal Description:
- DIXIE HIGHWAY TR PB 5-24 LOT 7 BLK 6 LOT SIZE 50.00 X 95 COC 22644-1737 08 2004 5
- Real Estate Folio Number (Parcel Number):
- 01-31-13-065-0720
- Zoning Description:
- 5700
Listing History
- Originally published on:
- October 25, 2024 12:18 pm
- Active on the market since:
- October 25, 2024
- Price change occurred on:
- April 10, 2026 2:59 pm
- Listing Status Last Changed On:
- October 25, 2024 12:18 pm
- Photos updated on:
- October 25, 2024 4:32 pm
- Last Modified:
- April 10, 2026 6:59 pm
Additional Information
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 1
- Subdivision Number:
- 65
- Courtesy of:
- Green Lands Realty
- Attribution:
- Not provided
Location
- Street Name:
- 55th Ter
- Street Number:
- 242
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 49' 35.4''
- Longitude:
- W81° 48' 32.6''
- Street Direction Prefix:
- NE
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$82,798
Median Home Value
$532,900
Median Rent
$2,338/mo
Median Age
34
Population
27,300
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
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