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$575,000
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Property Description
Located in the heart of Miami, the property presents a rare fixer-upper duplex opportunity just minutes from the Design District, Wynwood, Midtown, and Downtown. It is located in a rental assistance program approved area, near Publix, Trader Joe's, Key Food, and more. It features two units with immense potential - perfect for investors and developers. The roof was replaced in 2018, offering a solid starting point for renovations. This is the ideal value-add project in one of Miami's most rapidly transforming neighborhoods.
Full Property Details
Full Property Details for 355 NE 55th Terrace
General
- Price: $575,000
- Taxes: $4,760 (2025)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: R11129745
- Updated: 2/18/2026
- Added to Site: 35 day(s) ago
Interior
- Flooring: Other
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Patio
Location
- County: Miami-Dade
- Subdivision: DIXIE HIGHWAY TRACK
- Driving Directions: I-95 S, Take exit 6A for NW 62nd St toward Dr Martin Luther King Jr Blvd
Community
- Community Name: 2320
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Duplex
- Construction: Block
- Roof: Barrel
- Stories/Levels: 1
- Building Size: 1632
- Square Feet: 1,500
- Living Area: 1,500 Sq. Ft.
- Year Built: 1959
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Dimensions: 50.0 ft x 95.0 ft
- Lot Features: Item14Acre
- Zoning: 5700
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $4,760.5
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 18 53 42 DIXIE HIGHWAY TR PB 5-24 LOT 17 BLK 4 LOT SIZE 50.000 X 95 OR 10713-344 0480 4
- Property ID: 131130650580
Listed by The Morrone Real Estate Group PA
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Schools
Schools serving 355 NE 55th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.7 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 355 NE 55th Terrace
Date
Details
Price
Change
Source
1/24/2026
Listed
$575,000
—
MLS
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 355 NE 55th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,760
6%
$333,851
6%
2024
$4,472
6%
$314,957
9%
2023
$4,229
24%
$289,166
50%
2021
$3,413
-8%
$192,929
-19%
2022
$3,729
9%
$236,725
38%
2021
$3,413
12%
$171,238
127%
2019
$3,056
19%
$75,494
10%
2018
$2,564
6%
$68,631
-38%
2017
$2,425
15%
$111,420
96%
2016
$2,106
7%
$56,720
10%
2015
$1,972
8%
$51,564
10%
2014
$1,824
5%
$46,877
10%
2013
$1,731
—
$42,616
—
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 355 NE 55th Terrace
355 NE 55th Terrace, Miami, FL 33137 (MLS# R11129745) is a Duplex property with 0 bedrooms and 0 full bathrooms. 355 NE 55th Terrace is currently listed for $575,000 and was received on January 24, 2026. Want to learn more about 355 NE 55th Terrace? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

