Discover a fantastic investment in this well-maintained multifamily property situated in a thriving neighborhood in an opportunity zone. This property boasts multiple spacious units, each featuring modern finishes, ample natural light, ensuring convenience for both tenants and owners. With a strong rental history and low vacancy rates, it’s an ideal addition to any portfolio. Enjoy the benefits of being in a desirable area with close proximity to local amenities, parks, public transport, restaurant, schools and much more!!!
Listed by Silvia Garaza
·
License #3307649
·
Green Lands Realty
·
786-267-7248
Last updated August 18, 2025
·
Source: MIAMIRE #A11674866
Listing Facts
TypeMulti-family
NeighborhoodCreole District
Days on Prevu319
Taxes$5,994/year
Size1,620 sqft
Price per sqft$765
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
02/03/2025
Price Decreased
$1,240,000
11/12/2024
Price Decreased
$1,250,000
10/25/2024
Listed by Green Lands Realty
$1,300,000
Property Details for 242 NE 55th Ter
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Duplex
Window Features: Blinds
Year Built: 1953
Year Built Details: Resale
Architectural Style: Attached
Building Name: DIXIE HIGHWAY TRACK
Construction Materials: CBS Construction
Exterior Features: Exterior Lights
Features
Fencing: Fenced
Measurements
Building Area Total: 1,732
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-31-13-065-0720
Tax Annual Amount: $5,994.00
Tax Year: 2023
Interior
Features
Flooring: Tile
Measurements
Living Area: 1,620
Living Area Units: Square Feet
Other
Location
Subdivision Name: DIXIE HIGHWAY TRACK
Parking
Parking
Parking Total: 4
Utilities
Equipment
Cooling: Other
Has Cooling: Yes
Heating: Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
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.
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.