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$483,000
Property Description
2/1 fully renovated main home featuring new roof, modern kitchen, updated bathrooms, and new flooring. Includes additional detached 1/1 structure currently recorded as storage, offering significant value-add potential. Ideal for investors seeking BRRRR, rental income, or redevelopment upside. Located in high-demand rental area with strong appreciation. May be suitable for 1031 exchange investors. Expansion potential subject to zoning. Verify all info.
Full Property Details
Full Property Details for 1063 NW 55th Terrace
General
- Price: $483,000
- Taxes: $2,615 (2024)
- Status: Active
- Type: Single Family
- Source: Martin_County
- MLS ID: F10545314
- Updated: 9/5/2026
- Added to Site: 236 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Primary Downstairs
- Appliances: Electric Range, Refrigerator
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: None
Location
- Area: 2310
- County: Miami-Dade
- Subdivision: BOWLING GREEN EXTENSION
- Driving 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.
- Direction Faces: South
Community
- Community Name: 2310
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Structural Information
- Property Detached: Yes
- Construction: Frame
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 576
- Living Area: 576 Sq. Ft.
- Year Built: 1930
- Property Condition: Resale
Lot Features
- Lot Size (Sq. Ft.): 6,300
- Zoning: 104
Financial Considerations
- Tax Amount: $2,615
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- 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-
- Property ID: 131140320370
Listed by Real Estate Empire Group, Inc.
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Schools
Schools serving 1063 NW 55th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Orchard Villa Elementary School 5720 Northwest 13th Avenue, Miami, FL 33142 | PK-5 | 0.4 mi |
Brownsville Middle School 4899 Northwest 24th Avenue, Miami, FL 33142 | 6-8 | 1.4 mi |
Miami Northwestern Senior High School 1100 Northwest 71st Street, Miami, FL 33150 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1063 NW 55th Terrace
Date
Details
Price
Change
Source
1/13/2026
Listed
$483,000
77.57%
MLS
12/15/2025
Sold
$272,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1063 NW 55th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,699
3%
$53,345
-78%
2024
$2,615
10%
$239,834
15%
2023
$2,386
39%
$208,264
78%
2021
$1,720
-12%
$117,193
-24%
2022
$1,964
14%
$155,142
68%
2021
$1,720
25%
$92,138
206%
2019
$1,377
17%
$30,114
10%
2018
$1,177
11%
$27,377
-41%
2017
$1,058
12%
$46,502
106%
2016
$946
7%
$22,627
10%
2015
$888
4%
$20,570
10%
2014
$852
4%
$18,700
-3%
2013
$817
—
$19,271
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1063 NW 55th Terrace
1063 NW 55th Terrace, Miami, FL 33127 (MLS# F10545314) is a Single Family property with 2 bedrooms and 1 full bathroom. 1063 NW 55th Terrace is currently listed for $483,000 and was received on January 13, 2026. Want to learn more about 1063 NW 55th Terrace? Do you have questions about finding other Single Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.
