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$2,990,000
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Property Description
Located in the private and highly coveted Morningside neighborhood, this fully renovated residence offers timeless design, refined finishes, and a level of privacy rarely found in Miami. Known for its quiet streets, architectural character, and strong sense of community, Morningside is one of the city's most established and respected enclaves. This home has been completely reimagined with a focus on clean lines, natural materials, and understated luxury. The open living spaces are filled with natural light and flow seamlessly, creating an atmosphere that feels both sophisticated and comfortable. The kitchen is a true statement; designed for both form and function, featuring custom cabinetry, premium stone countertops, a generous island, and high-end appliances. It connects effortlessly to the main living and dining areas, making the home ideal for entertaining while remaining practical for everyday living. Bathrooms are finished to a spa-level standard with custom vanities, elegant tilework, modern fixtures, and a serene, resort-like feel. Each space in the home reflects thoughtful design and quality craftsmanship, delivering a move-in-ready experience with no compromises. Set on a quiet street inside private the community Morningside, this property offers a rare blend of privacy, design, and location, just minutes from Miami's cultural, dining, and waterfront destinations, while remaining tucked away from the noise and congestion of trend-driven neighborhoods.
Full Property Details
Full Property Details for 420 NE 55th Terrace
General
- Price: $2,990,000
- Taxes: $33,975 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11949641
- Updated: 1/29/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: First Floor Entry, Family Room
- Appliances: Other Equipment/Appliances
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Family Room Sq. Ft.
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway
Location
- Area: Bayshore Plaza
- County: Miami-Dade County
- Subdivision: BAYSHORE PLAZA
- Building Name: BAYSHORE PLAZA
- Direction Faces: North
School Information
- Middle School: Horace Mann
- High School: Miami Edison
Community
- Community Name: Bayshore Plaza
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
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: Concrete Block Construction
- Roof: Barrel Roof
- Building Size: 3076
- Square Feet: 2,706
- Living Area: 2,706 Sq. Ft.
- Year Built: 1939
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 8,470
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $1,104.95
- Tax Amount: $33,975
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BAYSHORE PLAZA RESUB PB 39-51 LOT 3 LOT SIZE 77.000 X 110 OR 14323-3769 1189 1
- Restrictions: Other Restrictions
- Property ID: 01-32-18-028-0020
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Schools
Schools serving 420 NE 55th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.7 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 2.3 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.2 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 420 NE 55th Terrace
Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$2,990,000
-6.27%
MLS
1/20/2026
Listed
$3,190,000
127.86%
MLS
2/20/2025
Sold
$1,400,000
—
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 420 NE 55th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,785
14%
$1,631,907
35%
2023
$27,003
412%
$1,209,126
500%
2021
$5,274
—
$201,662
-3%
2022
$5,293
—
$207,711
4%
2021
$5,274
6%
$198,878
4%
2019
$4,957
3%
$192,130
2%
2018
$4,815
1%
$188,548
2%
2017
$4,788
6%
$184,670
2%
2016
$4,517
-10%
$180,872
1%
2015
$5,009
23%
$179,615
1%
2014
$4,086
2%
$178,190
1%
2013
$4,023
—
$175,557
—
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 420 NE 55th Terrace
420 NE 55th Ter, Miami, FL 33137 (MLS# A11949641) is a Single Family property with 4 bedrooms and 4 full bathrooms. 420 NE 55th Ter is currently listed for $2,990,000 and was received on January 20, 2026. Want to learn more about 420 NE 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.

