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531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
531 NE 55th Ter, Miami FL 33137
Florida>Miami>Morningside

531 NE 55th TerMiami, FL 33137

For Sale

$1,480,000

Smart Buyer Rebate $14,800

531 NE 55th Terrace is a unique opportunity to renovate a historic home in coveted Morningside. Already gutted and stripped down to the studs, this 1,900 square foot 3 bed plus garage is the ideal canvas for an end user or developer to execute their vision. One can also expand the house another ~985 square feet, create a second story and add a pool. Buyer to confirm all zoning possibilities with their own architect. *All new windows + doors have been purchased, are already on site and included in the sale. All advertised renderings are virtual and for marketing purposes only.

Listed by Todd Lewin

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License #3578776

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Compass Florida, LLC

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917-675-9054

Last updated August 26, 2025

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Source: MIAMIRE #A11864952

Listing Facts

  • TypeSingle-family
  • NeighborhoodMorningside
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu12
  • Taxes$26,248/year
  • Size1,896 sqft
  • Price per sqft$781

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

08/25/2025
Listed by Compass Florida, LLC
$1,480,000

Property Details for 531 NE 55th Ter

Association

Amenities

  • Community Features: Tennis Court(s), Gated Community, Maintained Community

Exterior

Construction

  • Roof: Other
  • Structure Type: R30-No Pool/No Water, House
  • Year Built: 1938
  • Year Built Details: Effective Year Built
  • Architectural Style: Attached, One Story
  • Building Name: BAYSHORE UNIT NO 3
  • Construction Materials: CBS Construction

Features

  • Direction Faces: South
  • Patio And Porch Features: Deck

Measurements

  • Building Area Total: 2,388
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Square Feet: 6,540
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-18-037-0710
  • Tax Annual Amount: $26,248.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Ceramic Floor, Wood
  • Interior Features: First Floor Entry, Florida Room

Measurements

  • Living Area: 1,896
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: BAYSHORE UNIT NO 3

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Driveway

Schools

High School

  • High School: Miami Edison

Middle or Junior School

  • Middle Or Junior School: Horace Mann

Utilities

Equipment

  • Cooling: Other
  • Has Cooling: Yes
  • Heating: Other
  • Has Heating: Yes
  • Other Equipment: No Equipment
  • 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.

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.