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355 NE 55th Terrace Miami, FL $ 575,000
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$ 575,000 Get more info
355 NE 55th Terrace
$ 575,000
Back to search
Share Save

355 NE 55th Terrace

Miami, FL, 33137
$ 575,000
Baths3.0 Sq 1,500

Monthly Estimate*

$ 3,540

355 NE 55th Terrace, Miami, FL 33137 - Image 1
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355 NE 55th Terrace, Miami, FL 33137 - Image 10
355 NE 55th Terrace, Miami, FL 33137 - Image 11
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Studio

Multi-Family Home for sale in Miami, FL

for $575,000 with 3 full baths. This 1,500 square foot home was built in 1959 on a lot size of 0.11.

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.

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Multi-Family Contingent

Price

$ 575,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,760

Style

Lot Size

0.11

Year Built

1959

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

R11129745
Features
General
Sewer Public Sewer
Heating Other
Cooling Wall/Window Unit(s)
Utilities Sewer Available Water Available
Possession Close Of Escrow
Roof Barrel
Patio/Porch Features Patio
Construction Materials Block
Year Built 1959
Tenant Pays Cable TV Electricity
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Gross Income 36000
Waterfront Features None
County Miami-Dade
Net Operating Income 36000
New Construction false
Property Type Residential Income
Association Amenities None
Contingency Appraisal Inspection
Subdivision Name DIXIE HIGHWAY TRACK
Status Active Under Contract
Directions I-95 S Take exit 6A for NW 62nd St toward Dr Martin Luther King Jr Blvd
High School Miami Edison
City Miami
Senior Community Y/N false
Number Of Units Total 2
MLS Area 2320
Tax Annual Amount 4760.5
Middle/Junior High School Jose De Diego
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/355-NE-55th-Terrace-Miami-FL-33137/unbranded
Standard Status Active Under Contract
Property Sub Type Additional Duplex
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
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Interior
Flooring Other
Air Conditioning Y/N true
Heating Y/N true
Total Baths 3
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Exterior
Exterior Amenities Outdoor Living Area
Fencing Fenced
Lot Features < 1/4 Acre
Water Source Multiple Meters Public
Lot Size Area 4750
Building Area Total 1632
Lot Dimensions 50.0 ft x 95.0 ft
Lot Size Acres 0.11
Waterfront Y/N false
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* Excluded Features
List By
Weina Shen

Listing Agent

Affordability Calculator

$3,937
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4286287 Elementary School
0 Middle School
Miami Edison High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/19/2026 $575,000 Listed Price

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355 NE 55th Terrace, Miami, FL, 33137 is a Multi-Family Home for sale at $575,000 with 1,500 sqft and a lot size of 0.11. 355 NE 55th Terrace is a studio with 3.0 baths and was built in 1959. The property's zip code is 33137 which is in Miami, FL

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