Duplex in 242 NE 55th Terrace, Miami, FL 33137 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.

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Days on the market

242 NE 55th Terrace, Miami, FL 33137

Price
Price:
$1,000,000.00
Original List Price:
$1,300,000.00
List Price per Sq Ft (Calculated, Approx.):
$617.28
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 10, 2026 7:59 pm
Measures
Living Area:
1,620 Sqft
Built-Up Area:
1,732 Sqft
Property Features
Waterfront:
No
Exterior:
Lighting
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Electric
Fence:
Fenced
Construction
Year Built:
1953
Roof:
Shingle
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,994.00
Tax Year:
2023
Property Tax Details:
City/County, Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
DIXIE HIGHWAY TRACK
Senior Community:
No
Terms
Documents Available:
Deposit - Security
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0131130650720
Zoning:
5700
Public Schools Assigned
High School:
Miami Edison
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
October 25, 2024
Listing Agreement executed on:
October 25, 2024
Price change occurred on:
April 10, 2026 7:59 pm
Listing Status Last Changed On:
October 25, 2024 2:29 pm
Photos updated on:
July 27, 2026 9:29 pm
Last Modified:
August 5, 2026 4:34 am
Additional Information
Courtesy of:
Green Lands Realty
Attribution:
Not provided
Location
Street Name:
55th
Street Number:
242
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 49' 35.3''
Longitude:
W81° 48' 32.7''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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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) 55 Moderate
☀️ O3 40 Good
🫁 PM2.5 55 Moderate
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.