Duplex in 1063 NW 55th Terrace, Miami, FL 33127 for sale with MLS# B26041523
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.
1063 NW 55th Terrace, Miami, FL 33127
- Price:
- $499,500.00
- Original List Price:
- $496,500.00
- List Price per Sq Ft (Calculated, Approx.):
- $861.97
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- August 5, 2026 2:19 pm
- Living Area:
- 576 Sqft
- Built-Up Area:
- 576 Sqft
- Building Area Source:
- Other
- Living Area Source:
- Other
- Lot Size Acres:
- 0.14
- Waterfront:
- No
- Exterior:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Electric
- Year Built:
- 1930
- Roof:
- Shingle
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- Other, Stucco
- Flooring:
- Wood
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 2
- Flood Zone Code:
- X
- Property Condition:
- Updated/remodeled
- Tax Annual Amount:
- $2,698.72
- Tax Year:
- 2025
- Tax Assessed Value:
- $53,345.00
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Sewer Available, Water Available, Electricity Connected
- Water Source:
- Public
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- BOWLING GREEN EXTENSION
- Senior Community:
- No
- Restrictions:
- No Exterior Alterations
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Negotiable
- 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
- Real Estate Folio Number (Parcel Number):
- 0131140320370
- Zoning:
- 0104
- Elementary School:
- Orchard Villa
- High School:
- Miami Northwestern
- Middle Or Junior School:
- Brownsville
- Active on the market since:
- June 16, 2026
- Listing Agreement executed on:
- June 15, 2026
- Price change occurred on:
- August 5, 2026 2:19 pm
- Listing Status Last Changed On:
- June 16, 2026 3:24 am
- Photos updated on:
- August 5, 2026 2:08 pm
- Last Modified:
- August 5, 2026 2:19 pm
- Courtesy of:
- Real Estate Empire Group, Inc.
- Attribution:
- Not provided
- Street Name:
- 55th
- Street Number:
- 1063
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 49' 35.4''
- Longitude:
- W81° 47' 11.8''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- NW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami