Main Content

1063 NW 55th Terrace, Miami, FL 33127 (MLS# A12094648)

1063 NW 55th Terrace, Miami, FL 33127

New Listing
$475,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 600 Status: Active
Current Price: $475,000 List Date: 9/23/2026 Last Modified: 9/25/2026

Overview

Description

Investor and redevelopment opportunity in a centrally located Miami neighborhood! Situated on an approximately 6,300 square-foot lot, this property features a fully renovated 2-bedroom, 1-bath main residence plus an additional detached space currently set up as guest or in-law quarters. Enjoy immediate use of the renovated property while exploring its long-term potential for expansion or redevelopment, subject to applicable zoning, permitting, and municipal approvals. Conveniently located near Wynwood, the Design District, Midtown, Miami International Airport, major highways, and Miami Beach. An excellent opportunity for an investor or developer looking for a property with flexible space and future upside.

Listing Details MLS# A12094648

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
600
Living Area Main
576
Adjusted Area Main
588
Year Built
1930
Lot Size Area
6300
Lot Size Acres
0.14
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Dining/Living Room Exterior Features: None Flooring: Ceramic Tile Parking Features: Driveway; On Street Property Condition: Resale Appliances: Electric Range; Refrigerator Construction Materials: Frame; Stucco Cooling: Electric Fencing: Fenced Heating: Electric Laundry Features: Washer Hookup; Dryer Hookup Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Restrictions: No Restrictions Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Special Information: Corporate Owned Tax Information: Tax Reflects No Exemptions Water Source: Public Showing Requirements: Call Listing Agent; Lockbox; Showing Service Outdoor Living Spaces: Patio Room Types: Maid/In-Law Quarters

Contract Information

Comp Sale YN
No
Original List Price
470000
Occupant Type
Vacant

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
Special Assessment YN
No
Parcel Number
0131140320370
Subdivision Number
32
Zoning
0104
Flood Zone
X

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
2026-09-24T23:51:00Z
Major Change Type
Price Change
Price Change Timestamp
2026-09-24T23:51:00Z
Status Change Date
2026-09-23

More Information

Entry Information

Entry Level
Yes

Short Sale Details

Short Sale Addendum
No

Price Calculations

Current Price To SqFt
824.65

Section Details

Parcel Number MLX
0370

Originating Details

Originating System Key
564514137
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Dining Area

Breakfast Area
Yes
Dining/Living Room
Yes

Exterior Features

None
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Driveway
Yes
On Street
Yes

Property Condition

Resale
Yes

Fencing

Fenced
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

Corporate Owned
Yes

Heating

Electric
Yes

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Laundry Features

Washer Hookup
Yes
Dryer Hookup
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Water Source

Public
Yes

Cooling

Electric
Yes

Showing Requirements

Call Listing Agent
Yes
Lockbox
Yes
Showing Service
Yes

Master Bedroom/Bath

Bedroom On Entry Level
Yes
Master Bdrm - Ground
Yes
Separate Shower
Yes

Restrictions

No Restrictions
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Outdoor Living Spaces

Patio
Yes

Room Types

Maid/In-Law Quarters
Yes

Room Information

Room Name
Maid/In-Law Quarters
IDX
Listing Office: Luxe Properties
Source MLS Verified
Last Updated: September - 25 - 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.

Skip to content