Single Family Residence

1063 NW 55th Terrace

1063 NW 55th Terrace, Miami FL 33127

$483,000

For Sale

2 Beds · 1 Bath · 576 SqFt

See estimated monthly cost

This listing is courtesy of Real Estate Empire Group, Inc.. Ricardo Vaca Rincon

Overview

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.

Facts & features

Interior

Living area (sq ft): 576
Full bathrooms: 1

First Floor Entry
Other

Building & exterior

Year built: 1930
Lot size (sq ft): 6,300

None

HOA (homeowners association)

No Restrictions

Taxes

Annual tax: $2,615
Tax year: 2024
Parcel number: 01-31-14-032-0370

Assigned schools

Elementary: Orchard Villa
Middle: Brownsville
High: Miami Northwestern

Listing

MLS number: F10545314
Property type: Single Family Residence
Price per SqFt: $839
Subdivision: BOWLING GREEN EXTENSION
On market since: Jan 13, 2026
Days on market: 147

Estimated monthly cost

$3,022 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $2,442
Property tax: $218
Insurance (estimated): $362

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

Show nearby schools

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Nearby schools

Jay''s Learning Center I Private · PK-08 · 0.10 mi
Education Academy of Excellence Private · KG-12 · 0.13 mi
Gospel Assembly Academy Inc Private · PK-12 · 0.28 mi
Western General Education Inc. Private · PK-12 · 0.28 mi
Academy of Excellence Private · KG-12 · 0.29 mi
Orchard Villa Elementary Public · PK-5 · 0.37 mi
Merry Poppins Daycare Kindergarten Inc Private · PK-KG · 0.37 mi
Inner City Dance Club Academy of Excellence Private · KG-12 · 0.38 mi
RJW The Academy of Arts Sciences Private · 01-12 · 0.39 mi
Mt Calvary Daycare Center Private · PK-03 · 0.39 mi
Clara Mohammed School Of Miami Florida Private · PK-08 · 0.40 mi
B.Wright Leadership Academy Private · KG-12 · 0.45 mi
Sheyes of Miami Daycare I Private · KG-06 · 0.51 mi
Sheyes of Miami Daycare III Private · KG-06 · 0.56 mi
Lenora B. Smith Elementary Public · PK-5 · 0.57 mi

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