Active

531 NE 55th Ter

Miami FL, 33137

$1,675,000


$883.44 per sqft

Active

3 Beds

2 Baths

1,896 sqft

Residential

Built in 1938

Welcome to an exceptional investment opportunity on the most desirable street in Morningside.Investor Special!Prime Opportunity in Miami's Prestigious Morningside Gated Community. Tear down and build a new or completelyrenovate (complete gut). Strong comps and high return potential make this a golden chance to invest in a premierMiami location. Renovation plans available upon request. Property Highlights: Impact Sliding Glass Doors andWindows:Included with the property. Comprehensive New Plans:Includes MEP, architectural, and pool plans.Pending Approvals:Expected within the next month or two. Excellent Roof Condition:Only 6-7 years old. SolidFoundation:Ready for interior renovation. Community Features: Gated Security Park with Walking Paths TennisCourts

A11650850

MLS ID

August 30, 2024

Listed

November 21, 2024

Updated

Map

531 NE 55th Ter
Miami FL, 33137

Interior Features

Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Interior Features

First Floor Entry, Florida Room


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

Other


Lot Features

Less Than 1/4 Acre Lot


Architectual Style

Detached, One Story


Roof

Flat Tile


Sewer

Public Sewer

Other Property Details

Area Name

Bayshore Unit No 3


Taxes

$23,628


Tax Frequency

Annually


Days on Market

26


Garage

Yes


Garage Spaces

1


Parking

Covered, Driveway


View

No


View Description

None


County

Miami-Dade County


Water Source

Other


Pool

No


Zoning

0100

Listed by:  Compass Florida, LLC.
Listing Contact: 786-489-7410 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 11:24 PM UTC, 11/21/2024.

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