1063 NW 55th Terrace, Miami FL 33127, Miami
$496,500
Miami, FL, 33127
Property details
- Bathrooms
- 0
- Living area
- 576 sqft
- Year built
- 1930
- Type
- Duplex
- Days on market
- 43
- MLS #
- B26041523
Listing courtesy of Real Estate Empire Group, Inc. · 305-592-1588. Listing agent: Ricardo Vaca Rincon. MLS data last updated 2026-07-28.
Description
INVESTOR SPECIAL IN 33127! Prime opportunity minutes from Wynwood, Design District, & Midtown. Situated on a oversized 6,300 SF LOT, this property features a main residence plus an additional detached structure legally permitted as storage, offering incredible potential for a buyer to convert or expand upon checking with the City of Miami. Perfect for 1031 Exchange buyers and value-add investors seeking strong ROI and future equity growth in a high-demand location. Buyer to conduct their own due diligence regarding zoning, potential ADU, or conversion permits. ENDLESS POTENTIAL! Easy to show.
1063 NW 55th Terrace, Miami FL 33127, Miami — for sale, listed for $496,500 (0 bath, 576 sqft).
$862/sqft · 86% percentile · based on 59 listings for sale in 33127 (median $565/sqft).
Run the numbers
Asking price vs the market
Compared with the other 59 listings for sale in 33127, this home asks $862/sqft — the group median is $565/sqft.
That places it above the market midpoint (86% percentile).
n=59 · 2026-07-29 · Methodology
Time on market
This listing has been on the market 43 days; the median across 194 listings for sale in 33127 is 97 days.
n=194 · 2026-07-29 · Methodology
Current market segment
Right now: 194 active listings for sale in 33127, median asking price $1,185,000, median $565/sqft.
n=194 · 2026-07-29 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33127 show a median asking $565/sqft — 36.5% above the Miami median asking of $414/sqft.
n=59 · 2026-07-29 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Asking price vs segment median
$496,500 asks 58.1% below the $1,185,000 median across 194 listings for sale in ZIP 33127.
n=194 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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