Property Description
Investment opportunity with strong income and value-add potential. Fully renovated 2/1 main home featuring new roof, modern kitchen, updated bathroom, and new flooring, ready for immediate occupancy or rental. Property includes a detached structure currently configured with living space and bathroom and recorded as storage, offering significant upside potential for investors, BRRRR strategy, or redevelopment. Located in a high-demand rental area with strong tenant demand. Ideal for long-term hold or 1031 exchange buyers. Expansion and use subject to zoning, permits, and municipal approvals. Buyer to verify all information.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,698
Year Built: 1930
Square Feet: 576
Amenities
Other
Feature Descriptions
Days on Site: 17
Exterior: Other, Stucco
Flooring: Wood
Parcel#: 0131140320370
Pets Allowed: Yes, No Restrictions
Restrictions: No Exterior Alterations
Sewer: Public Sewer
SQFT Living: 576
Units: 2
Utilities: Electricity Connected, Sewer Available, Water Available
Utilities: Electricity Connected, Sewer Available, Water Available
Water: Public
Local Schools
High School: Miami Northwestern
Middle School: Brownsville
Elementary School: Orchard Villa
Listed By / Shown By
Listed By
Agency Name: Real Estate Empire Group, Inc.
Agency Phone: 305-592-1588
Shown By
Agent Name: Colleen Bording
Agent Phone: (904) 607-4401
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,872.39 per month $2,502.74 Principal & Interest $224.83 Property Tax $144.81 Homeowner's InsuranceChange Payment Information
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1063 NW 55th Terrace | MLS# B26041523
This multi-family property located at 1063 NW 55th Terrace, Miami, FL 33127 is currently listed for sale with an asking price of $496,500. Search Miami real estate on cbording.watsonrealtycorp.com today.