Home » Miami » 125 NE 55th St, Miami, FL 33137 | A11742544

For Sale 125 NE 55th St, Miami, FL 33137

$795,000

Property Highlights

Listing ID A11742544 Status of this Listing: Active For Sale Property Type Land Lot area 6,900 Sqft/641.03 m2 approx. Short Sale (short pay) and may require bank approval. Time of this property on Rebonus 20 Day(s)

125 NE 55th St, Miami, FL 33137

Property Description: Start building immediately! This vacant lot comes with approved plans for a 5-unit residential building, saving you $70,000 in design costs and nearly a year of permitting time. Located in the rapidly growing Magic City District, 5min from Design District, this area is booming with new multi-family developments. The approved plans include: Two: 2bd/1ba | Three: 2bd/2ba. With a City of Miami permit already in process (BD23-022574-001), this is a turnkey opportunity for investors looking to capitalize on the area’s growth. A newly completed 5-unit complex across the street is already operating as an Airbnb, and two more multi-family projects are under construction nearby. Don’t miss this chance to secure a shovel-ready lot. Contact the listing broker for more details!

Useful Info

Original List Price:$795,000
If Bank REO, Short Sale, As Is, etc.:
  • Short Sale

Business Info

Gross Scheduled Income:0

Land Lot (Parcel) Details

Lot Size Acres:0.16
Lot Size Unit:Square Feet

Construction

Road Frontage Type:
  • County Road

Property Features

Waterfront:No
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$6,911

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Disclosures:
  • Owner Is Listing Agent
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:TRANQUILLA
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
  • Underground Utilities
  • Other
Water Source:
  • Public

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1107060684
Subdivision Number64

Zoning and Legal

Tax Legal Description:TRANQUILLA PB 4-55 LOT 7 BLK 2 LESS S5FT FOR R/W LOT SIZE 6900 SQ FT M/L
Real Estate Folio Number (Parcel Number):01-31-13-064-0200
Zoning Description:3900
Public Survey Township:1
Public Survey Range:31
Public Survey Section:13

Listing History

Update/EventDate/Days
Published Date:February 12, 2025 4:37 pm
On Market Date:February 8, 2025
Price Change Date Time:February 10, 2025 5:02 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 12, 2025 4:37 pm
Status Last Changed:February 12, 2025 4:37 pm
Photos Last Modified:February 12, 2025 9:54 pm
Last Modified:March 4, 2025 3:44 pm
Days on the Market Reference Date:March 4, 2025
Days on the Market (updated on Last Modified*):24
Cumulative Days on the Market (updated on Last Modified**):115

Additional Information

Lot Size Range:1-2.5 Acres
Number of Photos:8
Location:,City Location,Urban Area Development,1-2.5 Acres
Included:,,
Area:31
Courtesy of:The Lab Realty Group, LLC
Universal Property Id:US-12025-N-0131130640200-R-N

Location

Show Property Address:Yes
Street Name:55th St
Street Number:125
Street Direction Prefix:NE
Street Address:125 NE 55th St
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade
Full Address:125 NE 55th St, Miami, FL 33137
Latitude:N25° 49' 35.4''
Longitude:W81° 48' 23.4''

Neighborhood

Postal City:Miami

Property Map