PRICED AT ONLY: $550,000
Address: 355 55th Terrace Ne, Miami, FL 33137
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 situated within the school district for Morningside K 8 and Miami Beach Senior High. Conveniently located 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.
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- MLS#: RX-11129745 ( Duplex )
- Street Address: 355 55th Terrace Ne
- Viewed: 1
- Price: $550,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 0
- Days On Market: 29
- Additional Information
- Geolocation: 25.8269 / -80.1888
- County: MIAMI DADE
- City: Miami
- Zipcode: 33137
- Subdivision: Dixie Highway Track
- Provided by: The Morrone Real Estate Group PA
- Contact: Weina Shen
- (954) 648-8627
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.188789
- Construction: CBS
- Exterior Features: Fence, Open Patio
- Flooring: Other
- Roof: Barrel
- Sqft Source: Tax Rolls
- Sqft Total: 1632.00
- Total Building Sqft: 1500.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: < 1/4 Acre
- Lot Dimensions: 50.0 ft x 95.0 ft
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection: None
- Waterfront Details: None
Utilities
- Carport Spaces: 4.00
- Cooling: Wall-Win A/C
- Heating: Other
- Number Of Stories: 1.0
- Separate Elec Meters: No
- Separate Wtr Meters: Yes
- Utilities: Public Sewer, Public Water
Finance and Tax Information
- Home Owners Association poa coa Monthly: 0.00
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 31800.00
- Income Expenses Annual Total Expense: 5000.00
- Income Expenses Gross Operating Inc: 31800.00
- Source Of Expenses: Other
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable, Electric
Other Features
- Avail Info: None
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: 18 53 42 DIXIE HIGHWAY TR PB 5-24 LOT 17 BLK 4 LOT SIZE 50.000 X 95 OR 10713-344 0480 4
- Parcel Id: 0131130650580
- Possession: At Closing
- Special Assessment: No
- Special Info: Sold As-Is
- Zoning: 5700
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
