1063 NW 55th Terrace, Miami, FL 33127

$470,000 · Active

  • 2 beds
  • 1 bath
  • 576 sq ft
  • Single Family Residence
  • Built 1930
  • Lot 6,098.4 sq ft
  • MLS# A12094648
  • Bowling Green Extension
Photo 1 at 1063 NW 55th Terrace, MiamiPhoto 2 at 1063 NW 55th Terrace, MiamiAI staging at 1063 NW 55th Terrace, MiamiPhoto 4 at 1063 NW 55th Terrace, MiamiPhoto 5 at 1063 NW 55th Terrace, MiamiPhoto 6 at 1063 NW 55th Terrace, MiamiAI staging at 1063 NW 55th Terrace, MiamiPhoto 8 at 1063 NW 55th Terrace, Miami

About this home

Investor and redevelopment opportunity in a centrally located Miami neighborhood! Situated on an approximately 6,300 square-foot lot, this property features a fully renovated 2-bedroom, 1-bath main residence plus an additional detached space currently set up as guest or in-law quarters. Enjoy immediate use of the renovated property while exploring its long-term potential for expansion or redevelopment, subject to applicable zoning, permitting, and municipal approvals. Conveniently located near Wynwood, the Design District, Midtown, Miami International Airport, major highways, and Miami Beach. An excellent opportunity for an investor or developer looking for a property with flexible space and future upside.

Schools

  • Elementary: Orchard Villa
  • Middle: Brownsville
  • High: Miami Northwestern

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Luxe Properties · Listing agent: Eileen B Cala

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1063 NW 55th Terrace.

Questions About 1063 NW 55th Terrace

How much is 1063 NW 55th Terrace?
1063 NW 55th Terrace is listed at $470,000, which is about $816 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1063 NW 55th Terrace?
The listing reports annual property taxes of $2,615 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1063 NW 55th Terrace built?
1063 NW 55th Terrace was built in 1930 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1063 NW 55th Terrace been on the market?
1063 NW 55th Terrace has been listed for 1 day. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1063 NW 55th Terrace?
The MLS lists Orchard Villa (elementary), Brownsville (middle), Miami Northwestern (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1063 NW 55th Terrace?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 2 bedroom home at 3001 NW 56th Street, Miami, FL 33142 is comparable and listed for sale at $375,000. Another comparable home, 235 NW 59th Street, Miami, FL 33127, sold for $618,500 in September 2026. Miami neighborhoods include Silver Bluff and The Roads. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Bal Harbour. Compare it with the Miami housing market report.