Sold for $280,000

$280,000

1510 NW 55th St, Miami, FL 33142

2beds

880sqft

Single Family Residence

Built in 1949

5,500 Square Feet Lot

$371,900 Zestimate^®

$318/sqft

$2,447 Estimated rent

Home value

$371,900

$335,000 - $409,000

$2,447/mo

Zestimate^® history

Owner options

List your home for rent

$2,447/mo

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$2,447/mo

Rent Zestimate^®

Refinance and save

$1,950/mo

Est. payment

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$1,950/mo

Est. payment

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What's special

This centrally located 2-bedroom, 1-bathroom single-family home presents an excellent investment opportunity. Currently rented at $1600 per month to a long-term tenant until December 2024, it offers steady cash flow. Moreover, in its current condition, it has the potential to command a higher rent—possibly exceeding $2000. Be sure to explore the virtual 360 interactive tour in the listing and seize this opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Family Room

Heating

None

Cooling

Central Air

Appliances

Included: Electric Water Heater, Electric Range, Refrigerator
Laundry: Washer/Dryer Hook-Up

Features

Flooring: Carpet, Tile

Interior area

Total structure area: 930
Total interior livable area: 880 sqft

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
Pool features: R30-No Pool/No Water
Fencing: Fenced
Has view: Yes
View description: None

Lot

Size: 5,500 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0131220526450
Zoning: 0104

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete Block Construction
Roof: Shingle

Condition

Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Security: Smoke Detector
Subdivision: Floral Pk 1st Amd

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $318/sqft
Tax assessed value: $238,000
Annual tax amount: $3,122
Date on market: 4/9/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
6/13/2024	Sold	$280,000-17.6%$318/sqft
Source: MIAMI #A11566542 Report a problem
5/17/2024	Contingent	$340,000$386/sqft
Source: MIAMI #A11566542 Report a problem
4/23/2024	Listed for sale	$340,000+655.6%$386/sqft
Source: MIAMI #A11566542 Report a problem
7/29/2015	Sold	$45,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,546 +59.2%	$238,000 +169.2%
2024	$3,483 +11.5%	$88,404 +10%
2023	$3,122 +11%	$80,368 +10%
2022	$2,813 +17.4%	$73,062 +12.1%
2021	$2,397 +12.9%	$65,160 +10%
2020	$2,122 +7.1%	$59,237 +10%
2019	$1,981 +23.5%	$53,852 +10%
2018	$1,604	$48,957 +10%
2017	$1,604 +17.7%	$44,507 +10%
2016	$1,363 +258.6%	$40,461 +32.4%
2015	$380	$30,554 +0.8%
2014	$380	$30,312 +1.5%
2013	$380	$29,865 +1.7%
2012	$380	$29,366 -8.4%
2011	$380	$32,059 +1.5%
2010	$380 +4.1%	$31,586 +2.7%
2009	$365 +12.3%	$30,756 +3.1%
2007	$325 -12.4%	$29,832
2006	$371	--
2005	$371 -3.9%	--
2004	$386	--
2003	$386	--
2002	$386	--
2001	$386	--