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1063 NW 55th TerraceMiami, FL 33127

For Sale

$496,500

Smart Buyer Rebate $4,965

Investment opportunity with strong income and value-add potential. Fully renovated 2/1 main home featuring new roof, modern kitchen, updated bathroom, and new flooring, ready for immediate occupancy or rental. Property includes a detached structure currently configured with living space and bathroom and recorded as storage, offering significant upside potential for investors, BRRRR strategy, or redevelopment. Located in a high-demand rental area with strong tenant demand. Ideal for long-term hold or 1031 exchange buyers. Expansion and use subject to zoning, permits, and municipal approvals. Buyer to verify all information.

Listed by Ricardo Vaca Rincon

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License #FLL276767876

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Real Estate Empire Group, Inc.

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786-312-6753

Last updated June 16, 2026

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Source: MIAMIRE #B26041523

Listing Facts

  • TypeMulti-family
  • NeighborhoodOrchard Villa
  • Days on Prevu1
  • Taxes$2,698/year
  • Size576 sqft
  • Price per sqft$862

Amenities

  • Pets Allowed
  • Air Conditioning

Location

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Listing History

06/15/2026
Listed by Real Estate Empire Group, Inc.
$496,500

Property Details for 1063 NW 55th Terrace

Association

Amenities

  • Pets Allowed: Yes

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Substantially Remodeled, Updated/Remodeled, Completely Renovated
  • Roof: Comp Shingle Roof, Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1930
  • Year Built Details: Newly Updated/Renovated
  • Construction Materials: Other, Stucco
  • Exterior Features: Other

Measurements

  • Building Area Total: 576
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-14-032-0370
  • Tax Annual Amount: $2,698.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Wood

Measurements

  • Living Area: 576
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: BOWLING GREEN EXTENSION

Schools

Elementary School

  • Elementary School: Orchard Villa

High School

  • High School: Miami Northwestern

Middle or Junior School

  • Middle Or Junior School: Brownsville

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Utilities: Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1063 NW 55th Terrace.

What schools are nearby to 1063 NW 55th Terrace?

Nearby schools include the Orchard Villa Elementary School, Brownsville Middle School, and Miami Northwestern High School.

What are the annual taxes for 1063 NW 55th Terrace?

Annual taxes for this multi-family home are estimated at $2,698.

How does 1063 NW 55th Terrace compare to other multi-family homes in Orchard Villa?

This multi-family home is listed 57% below the average price for multi-family homes in Orchard Villa and has been on the market for 61 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 576 sqft.

1063 NW 55th Terrace is a -bedroom multi-family home for sale in Miami FL 33127. Listed on Prevu for 1 days at $496,500. This residence features 576 square feet of living space, located in Miami. The median listing price for multi-family homes in this area is $715,000. Nearby schools include Orchard Villa Elementary School, Brownsville Middle School, and Miami Northwestern High School. The home offers pets allowed and air conditioning. Browse more multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.