1063 55th Terrace, Miami, FL 33127

$475,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A12094648
  • Status: Active
  • Listing Date: 2026-09-23
  • Property Type: Single Family Residence
  • Subdivision: BOWLING GREEN EXTENSION
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Living Area Sq Ft: 576
  • Year Built: 1930

Financial

  • List Price: $475,000
  • HOA Fee: None
  • Taxes: $2,615/yr

Features & Amenities

  • Furnished: Unfurnished
  • Parking: Driveway, On Street
  • Cooling: Electric
  • Heating: Electric
  • Flooring: Ceramic Tile
  • Construction: Frame, Stucco
  • Roof: Shingle
  • Exterior Features: None

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© 2026 Starfish Real Estate. Listings updated Nov 8, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.