$1,000,000

242 NE 55th Terrace, Miami FL, 33137

Price per sqft$617.28

Built in1953

Property size1,620 sqft

Property typeMulti-family

Overview

Active

Listed Oct 25, 2024

Updated 2 weeks ago

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.

$6,653/mo

Est. mortgage payment based on a $1,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes: $6,815
Tax Frequency: Annually

Listed with Green Lands Realty

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

Data last updated 6:25 AM UTC, 9/19/2026

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$1,000,000

Overview

$6,653/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Other Property Details