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$475,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 576 Sq. Ft.
  • Updated 10 days ago
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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.

Full Property Details for 1063 NW 55th Terrace

General

  • Price: $475,000
  • Taxes: $2,615 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12094648
  • Updated: 9/25/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: First Floor Entry, Separate Guest/In-Law Quarters
  • Appliances: Electric Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level

Other Rooms

  • Living Room: Separate Guest/In-Law Qua Sq. Ft.
  • Dining Room: Breakfast Area, Dining/Living Room
  • Laundry: Washer/Dryer Hook-Up

Exterior

  • Exterior Features: None
  • Deck/Patio: Patio

Parking

  • Parking Features: Driveway, On Street

Location

  • Area: Bowling Green Extension
  • County: Miami-Dade County
  • Subdivision: BOWLING GREEN EXTENSION
  • Building Name: BOWLING GREEN EXTENSION
  • Direction Faces: South

School Information

  • Elementary School: Orchard Villa
  • Middle School: Brownsville
  • High School: Miami Northwestern

Community

  • Community Name: Bowling Green Extension

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, One Story
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: Frame, Frame With Stucco
  • Roof: Composition Roll, Shingle
  • Windows: Hurricane Shutters
  • Building Size: 600
  • Square Feet: 576
  • Living Area: 576 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 6,300
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 104
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $824.65
  • Tax Amount: $2,615
  • Tax Year: 2024
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Corporation
  • 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
  • Restrictions: No Restrictions
  • Property ID: 01-31-14-032-0370

Listed by Luxe Properties

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— 1063 NW 55th Terrace —

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1063 NW 55th Terrace

School District:Dade County School District
NameGradesDistance
Orchard Villa Elementary School
5720 Northwest 13th Avenue, Miami, FL 33142
PK-50.4 mi
Brownsville Middle School
4899 Northwest 24th Avenue, Miami, FL 33142
6-81.4 mi
Miami Northwestern Senior High School
1100 Northwest 71st Street, Miami, FL 33150
9-120.8 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Price Increased
$475,000
1.06%
MLS
9/23/2026
Listed
$470,000
72.79%
MLS
12/15/2025
Sold
$272,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Luxe Properties

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1063 NW 55th Ter, Miami, FL 33127 (MLS# A12094648) is a Single Family property with 2 bedrooms and 1 full bathroom. 1063 NW 55th Ter is currently listed for $475,000 and was received on September 23, 2026. Want to learn more about 1063 NW 55th Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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