1063 NW 55th Terrace, Miami, FL 33127

$490,000

Virtual Tour

https://www.propertypanorama.com/1063-NW-55th-Terrace-Miami-FL-33127/unbranded

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 576 Status: Active

Current Price: $490,000 List Date: 1/13/2026 Last Modified: 4/13/2026

Overview

Description

Excellent investment opportunity in a rapidly growing Miami location. This 2 bedroom, 1 bathroom home sits on a spacious lot and is ideally located just minutes from Wynwood, Miami Design District, Midtown Miami, Downtown Miami, and with easy access to Miami International Airport. The property also includes a detached storage structure equipped with a bathroom, offering additional flexible space and value-add potential. Ideal for investors, flippers, or buyers looking to renovate and maximize value in one of Miami's most dynamic areas. Buyer to verify all uses and improvements.

Listing Details MLS# F10545314

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area Main: 576
Year Built: 1930
Gated Community YN: No
Lot Size Area: 6300
Lot Size Acres: 0.14
Senior Community YN: No
Guest House YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: South
Pool Private YN: No

Property Features

Exterior Features: None Flooring: Ceramic Tile Property Condition: Resale Appliances: Electric Range; Refrigerator Construction Materials: Frame Cooling: Electric Heating: Electric Levels: One Listing Terms: Cash; Conventional; FHA Possession: Negotiable Road Surface Type: Paved Roof: Composition; Shingle Sewer: Public Sewer Special Information: Sold As-Is Structure Type: House Tax Information: Tax Reflects No Exemptions Water Source: Public Showing Requirements: Appointment Only Room Types: Other Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 380000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1063
Street Direction Prefix: NW
Street Name: 55th
Street Suffix: Terrace
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1433
Postal Zip: 33127
Subdivision Name: BOWLING GREEN EXTENSION
Area: 2310
Elementary School: Orchard Villa
Middle Or Junior School: Brownsville
High School: Miami Northwestern
Parcel Number: 01-31-14-032-0370
Subdivision Number: 32
Zoning: 0104
Directions: Located in north-central Miami, this area is minutes from Wynwood, the Design District, and Midtown, with quick access to I-95 and SR-836, allowing easy travel to Downtown, Miami Beach, and MIA, surrounded by retail and transit.

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 2615
Tax Year: 2024
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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-03-17T18:08:17Z
Major Change Type: Price Change
Price Change Timestamp: 2026-03-17T18:08:17Z
Status Change Date: 2026-02-27

More Information

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Price Calculations

Current Price To SqFt: 850.69

Section Details

Parcel Number MLX: 0370

Originating Details

Originating System Key: 608735840
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

None: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Structure Type

House: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Heating

Electric: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Frame: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes
Shingle: Yes

Water Source

Public: Yes

Cooling

Electric: Yes

Showing Requirements

Appointment Only: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Room Types

Other: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Other

Listing Office: Real Estate Empire Group, Inc.

Last Updated: April - 13 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1063 NW 55th Terrace, Miami, FL 33127 (MLS# F10545314)