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1063 NW 55th Terrace

$499,500

1063 NW 55th Terrace, Miami, FL 33127

Active
Last Updated: 08/06/2026

576 sqft

Building Size

2

Units

Details:
Building Size:    576 sqft
Units:    2
Year Built:    1930
Floors:    1
Gross Leaseable Area:    576
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
  • Bathrooms Total: 0
  • Documents Available: Other Documents Available
  • Cooling: Central Air
  • Heating: Electric
  • Flooring: Wood
  • Construction Materials: Other, Stucco
Description:

INVESTOR SPECIAL IN 33127! Exceptional value-add opportunity in one of Miami's fastest-appreciating neighborhoods, just minutes from Wynwood, the Design District, Midtown, and Downtown. Situated on an oversized 6,300 SF lot, this property features a main residence plus a detached structure legally permitted as storage, offering outstanding potential for renovation, redevelopment, or future improvements (subject to City of Miami approvals). Ideal for fix-and-flip investors, rental portfolio expansion, or 1031 Exchange buyers seeking long-term appreciation in a high-demand location. Buyer to conduct their own due diligence regarding zoning, permitted uses, ADU potential, and future conversion possibilities. Rare opportunity with exceptional upside—don't miss it! Easy to show.

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