1063 55th Ter, Miami, FL 33127

$475,000

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

Beds

2

Baths

1

Square Feet

576

Property Type

Single Family

Year Built

1930

Lot Size

6,300 sq ft

Annual Taxes

$2,615

MLS ID

A12094648

About This Property

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.

Features

• —First Floor Entry
• —Separate Guest/In-Law Quarters
• —None

Amenities

• —Paved Road

Location