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Sold for $525,000
    • $525,000

    355 NE 55th Terrace, Miami, FL 33137

    4beds
    3baths
    1,500sqft
    Duplex, Multi Family, Multi Family
    Built in 1959
    -- sqft lot
    $528,100 Zestimate®
    $350/sqft
    $2,964 Estimated rent

    Home value

    $528,100

    $502,000 - $555,000

    $2,964/mo

    Zestimate® history
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    $3,692/mo

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    What's special

    Two units
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Weina Shen 561-377-2552,

    The Morrone Real Estate Group PA,

    Nicholas Morrone 954-648-8627,

    The Morrone Real Estate Group PA

    Bought with:

    Javier Dapena, 3550695

    Lifestyle International Realty

    Source: BeachesMLS,MLS#: R11129745MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Other
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Other
    Interior area
    • Total structure area: 1,632
    • Total interior livable area: 1,500 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Fencing: Fenced
    • Waterfront features: None
    Lot
    • Size: 4,750 Square Feet
    • Dimensions: 50.0 ft x 95.0 ft
    • Features: < 1/4 Acre
    Details
    • Parcel number: 0131130650580
    • Zoning: 5700
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Block
    • Roof: Barrel
    Condition
    • Resale
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Multiple Meters, Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: DIXIE HIGHWAY TRACK
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $333,851
    • Annual tax amount: $4,760
    • Date on market: 1/24/2026
    • Cumulative days on market: 73 days
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: Cable TV, Electricity

    Price history

    DateEventPrice
    5/18/2026Sold$525,000-8.7%$350/sqft
    Source: BeachesMLS #R11129745 Report a problem
    1/24/2026Listed for sale$575,000+4.5%$383/sqft
    Source: BeachesMLS #RX-11129745 Report a problem
    10/30/2025Listing removed$550,000$367/sqft
    Source: BeachesMLS #RX-11129745 Report a problem
    10/6/2025Listed for sale$550,000$367/sqft
    Source: BeachesMLS #RX-11129745 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,761 +6.4%$133,739 +10%
    2024$4,472 +5.8%$121,581 +10%
    2023$4,229 +13.4%$110,529 +10%
    2022$3,729 +9.3%$100,481 +10%
    2021$3,413 +8.1%$91,347 +10%
    2020$3,157 +3.3%$83,043 +10%
    2019$3,056 +19.2%$75,494 +10%
    2018$2,564 $68,631 +10%
    2017$2,564 +5.7%$62,392 +10%
    2016$2,425 +22.9%$56,720 +10%
    2015$1,972 +8.1%$51,564 +10%
    2014$1,824 +11.6%$46,877 +21%
    2012$1,635 -13.5%$38,742 -22.1%
    2011$1,891 -31%$49,713 -39.2%
    2010$2,741 -26.3%$81,817 -37.1%
    2009$3,721 -28.1%$130,081 -36.3%
    2007$5,172 +50.3%$204,118
    2006$3,442 --
    2005$3,442 +12.6%--
    2004$3,056 +18.4%--
    2003$2,580 +8.7%--
    2002$2,373 --
    2001$2,373 --
    Find assessor info on the county website

    Neighborhood: Little Haiti

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Jose De Diego
    • High: Miami Edison

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $528,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $528,100

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