Duplex in 355 NE 55th Terrace, Miami, FL 33137 with MLS# R11129745
Located in the heart of Miami, the property presents a rare fixer-upper duplex opportunity just minutes from the Design District, Wynwood, Midtown, and Downtown. It is located in a rental assistance program approved area, near Publix, Trader Joe's, Key Food, and more. It features two units with immense potential - perfect for investors and developers. The roof was replaced in 2018, offering a solid starting point for renovations. This is the ideal value-add project in one of Miami's most rapidly transforming neighborhoods.
355 NE 55th Terrace, Miami, FL 33137
- Price:
- $575,000.00
- Original List Price:
- $550,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $383.33
- Close Price:
- $525,000.00
- Transaction closed on:
- May 18, 2026
- Tenant Pays:
- Electricity, Cable Tv
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- May 20, 2026 12:45 pm
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 3
- Living Area:
- 1,500 Sqft
- Built-Up Area:
- 1,632 Sqft
- Lot Size Dimensions and Info:
- 50.0 ft x 95.0 ft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.11
- Waterfront:
- No
- Patio and Porch:
- Patio, Patio - Open
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Other
- Fence:
- Fenced
- Year Built:
- 1959
- Roof:
- Barrel
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Other
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Stories:
- 1
- Property Condition:
- Resale
- Tax Annual Amount:
- $4,760.5
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Sewer Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- DIXIE HIGHWAY TRACK
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 18 53 42 DIXIE HIGHWAY TR PB 5-24 LOT 17 BLK 4 LOT SIZE 50.000 X 95 OR 10713-344 0480 4
- Real Estate Folio Number (Parcel Number):
- 0131130650580
- Zoning:
- 5700
- High School:
- Miami Edison
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- January 24, 2026
- Listing Agreement executed on:
- October 5, 2025
- Purchase Contract Date:
- March 13, 2026
- Price change occurred on:
- January 24, 2026 12:06 am
- Listing Status Last Changed On:
- May 20, 2026 12:45 pm
- Photos updated on:
- January 26, 2026 7:41 pm
- Last Modified:
- August 17, 2026 5:06 am
- Courtesy of:
- The Morrone Real Estate Group PA
- Attribution:
- Not provided
- Street Name:
- 55th
- Street Number:
- 355
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 49' 36.8''
- Longitude:
- W81° 48' 40.4''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- NE

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami