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242 NE 55th Ter Miami, FL $ 1,240,000
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$ 1,240,000 Get more info
242 NE 55th Ter
$ 1,240,000
Back to search
Share Save

242 NE 55th Ter

Miami, FL, 33137
$ 1,240,000
Bedrooms1 Baths2.1 Sq 1,620

Monthly Estimate*

$ 7,736

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Multi-Family Home for sale in Miami, FL

for $1,240,000 with 1 bedroom and 2 full baths, 1 half bath. This 1,620 square foot home was built in 1953.

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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Multi-Family Active

Price

$ 1,240,000

Bedrooms

1

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,994

Style

Year Built

1953

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11674866
Features
General
Sewer Public Sewer
Heating Electric
Cooling Other
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 1953
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2023
County Miami-Dade
Property Type Residential Income
Subdivision Name DIXIE HIGHWAY TRACK
Rent Includes Sewer Trash Collection
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 4
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 5994
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11674866
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description DIXIE HIGHWAY TR PB 5-24 LOT 7 BLK 6 LOT SIZE 50.00 X 95 COC 22644-1737 08 2004 5
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Interior
Flooring Tile
Heating Y/N true
Window Features Blinds
Half Baths 1
Total Bedrooms 1
Total Baths 0
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Exterior
Exterior Amenities Fence Lighting
Lot Features < 1/4 Acre
Water Source Public
Total Parking 4
Spa false
Building Area Total 1732
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Green Lands Realty

Broker

sgaraza@hotmail.com

Email

Affordability Calculator

$8,235
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,736
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/31/2025 $1,240,000 Listed Price

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242 NE 55th Ter, Miami, FL, 33137 is a Multi-Family Home for sale at $1,240,000 with 1,620 sqft. 242 NE 55th Ter has 1 bedrooms, 2.1 baths, and was built in 1953. The property's zip code is 33137 which is in Miami, FL

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