ActiveMLS® A12094648

$475,000

1063 NW 55th Terrace, Miami, FL 33127

Beds: 2
Baths: 1
Sqft: 576

Est. payment$2,921/mo

Home type: Single Family Residence
Year built: 1930
Lot size: 6,098 sqft
Price / sqft: $825
HOA: $0/mo
Community: BOWLING GREEN EXTENSION

Property 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 activity

Days on market: 6
Listed: Sep 23, 2026
MLS listing updated: 3 hours ago
Feed last checked: 1 minute ago

Listed by Eileen B Cala · Luxe Properties

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 1
Flooring: Ceramic Tile
Appliances: Electric Range, Refrigerator
Laundry: Washer Hookup, Dryer Hookup
Furnished: Unfurnished

Heating & cooling

Heating: Electric
Cooling: Electric

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Driveway, On Street
Attached garage: No

Exterior

Stories: 1
Building area: 600 sqft
Entry level: 1
Patio & porch: Patio
Exterior features: None
Fencing: Fenced
Pool: No
Waterfront property: No

Lot

Lot size: 6,098 sqft
Lot size (acres): 0.14 acres
Zoning: 0104
Road surface: Paved

Construction

Type & style

Home type: Single Family Residence
Year built: 1930
New construction: No

Materials

Construction: Frame, Stucco
Roof: Shingle
Property condition: Resale
Levels: One
Faces: South

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: BOWLING GREEN EXTENSION
MLS area: 2310
55+ community: No

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33127

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12094648
Possession: Negotiable
Original list price: $470,000
Parcel number: 0131140320370
Annual property tax: $2,615
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

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 600
Construction Materials: Frame, Stucco
County Or Parish: Miami-Dade
Days On Market: 6
Direction Faces: South
Elementary School: Orchard Villa
High School: Miami Northwestern
Laundry Features: Washer Hookup, Dryer Hookup
List Price: 475000
Listing Contract Date: 2026-09-23
Living Area: 576
Lot Size Acres: 0.14
Lot Size Area: 6300
MLSArea Major: 2310
Middle Or Junior School: Brownsville
Mls Status: Active
On Market Date: 2026-09-23
Patio And Porch Features: Patio
Photos Count: 27
Postal Code: 33127
Price Change Timestamp: 2026-09-24T23:51:00Z
Property Sub Type: Single Family Residence
Property Type: Residential
Road Surface Type: Paved
Rooms Total: 1
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-09-23T04:00:00Z
Stories Total: 1
Subdivision Name: BOWLING GREEN EXTENSION
Water Source: Public
Tax Annual Amount: 2615
Bathrooms Full: 1
Pool Private: No
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Sep 23, 2026	ListedMIAMI REALTORS® MLS	$470,000$816/sqft
Sep 29, 2026	Price updatedMIAMI REALTORS® MLS	$475,000$825/sqft

Public tax history

Year	Property taxes	Assessment
2024	$2,615	—

Payment calculator

Estimated monthly payment$2,921/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $2,465
Property taxes: $218
Insurance: $238
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

BOWLING GREEN EXTENSION

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Orchard VillaElementary

—

BrownsvilleMiddle

—

Miami NorthwesternHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes