Active

242 NE 55th Ter

Miami, FL 33137

$1,000,000 $4,216/Mo

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Overview

Bed

Bath

1,620

Sqft

Description

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!!!Duplex operating as a fourplex.

Property Details

Property Type : ResidentialIncome

Price : $1,000,000

AD Id : 60072663

MLS Id : A11674866

Beds : 5

Living Area Size : 1,620

Year Built : 1953

County : Miami-Dade

Subdivision: Dixie Highway Track

Map

Features

Interior Features

Roof: Shingle

Window Features: Blinds
Heating & Cooling

Has Heating: Yes Heating: Electric Cooling: Other

Building Information

Year Built: 1953

Building Area Total: 1732

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No
Exterior Features

Exterior Features: Fence, Lighting

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: DIXIE HIGHWAY TRACK Source Property Type: ResidentialIncome Postal Code Plus 4: 2558 Zoning Description: 5700 Property SubType: Duplex Levels: One Property Age: 73

Listing Price Information

Listing Price: $1000000

Original Price: $1300000

Cash, Conventional

Tax Information

Parcel Number: 01-31-13-065-0720 Tax Year: 2023 Annual Tax: $5994 Tax Legal Desc: DIXIE HIGHWAY TR PB 5-24 LOT 7 BLK 6 LOT SIZE 50.00 X 95 COC 22644-1737 08 2004 5

Parking Information

Parking Total: 4

Utility Information

CableAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4727 NE 1st Ct, Miami, FL, 33137	$2,185,000	7	3	2,499	2,499 SqFt
55-53 NE 60th St, Miami, FL, 33137	$2,000,000	6	6	2,884	2,884 SqFt
2 NE 45th St, Miami, FL, 33137	$1,195,000	4	2	1,664	1,664 SqFt
481 NE 61st St, Miami, FL, 33137	$625,000	6	8	4,575	4,575 SqFt
21 NE 53 St, Miami, FL, 33137	$850,000	2	1	2,343	2,343 SqFt
170 NE 48th St, Miami, FL, 33137	$1,050,000	2	2	1,170	1,170 SqFt
4 NE 47th St, Miami, FL, 33137	$1,099,000	4	2	1,600	1,600 SqFt
5800 NE 3rd Ave, Miami, FL, 33137	$799,000	4	2	1,540	1,540 SqFt
22 NE 59th St, Miami, FL, 33137	$675,000	3	2	2,669	2,669 SqFt
473 NE 61st St, Miami, FL, 33137	$850,000	--	--	1,520	1,520 SqFt

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ByOwner last updated this listing 06/07/2026 @ 11:28

MLS: A11674866 LISTED BY: Silvia Garaza, Green Lands Realty 305-503-4121 SOURCE: SEFMIAMI