258 55Th Terrace Ne, Miami, FL 33137
For Sale $474,999
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Contact the Listing Agent directly:
Listing Agent: Gian Pena
Agent Phone:
305-219-2260
Agent Email:
gcpenarealtor@gmail.com
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INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF MIAMI!!! This versatile property is ZONED FOR DUPLEX USE and features a 3-BEDROOM, 1-BATHROOM MAIN LIVING AREA along with an additional 1-BEDROOM, 1-BATHROOM LIVING SPACE, offering tremendous potential for MULTIGENERATIONAL LIVING, RENTAL INCOME, or an owner-occupant renovation. The main 3/1 has been PARTIALLY RENOVATED, featuring a NEW KITCHEN AND BATHROOM, providing a great head start for future improvements! Enter through the COVERED FRONT PORCH into an enclosed entryway featuring wood-look flooring and natural light. Continuing into the SPACIOUS LIVING AREA, an exposed wood-beam ceiling and open footprint offer a BLANK CANVAS for a complete transformation. Further into the home are TWO BEDROOMS, one featuring a spacious layout and ceiling fan, while the other requires COMPLETE RENOVATION, with portions of the walls and ceiling already opened up. Towards the rear of the main living area is the NEWLY RENOVATED KITCHEN, featuring sleek white cabinetry, modern countertops, recessed lighting, and wood-look flooring. Nearby is the BEAUTIFULLY UPDATED FULL BATHROOM, complete with marble-look tile, a glass-enclosed walk-in shower, modern vanity, and updated fixtures. These improvements provide an excellent foundation for completing the rest of the home. Along the LEFT SIDE OF THE PROPERTY, a private walkway leads to the additional 1-BEDROOM, 1-BATHROOM LIVING AREA with its own separate entrance. This portion requires EXTENSIVE RENOVATION, with exposed framing, damaged ceilings, and unfinished interior spaces, offering an opportunity to RECONFIGURE AND RESTORE the existing layout. Continuing past this area is an ADDITIONAL EXTERIOR LAUNDRY ROOM, providing extra utility space. Additional features include a ROOF OF UNKNOWN AGE (Approximately 34 years old), WORKING WINDOW AC UNITS from 6 months to 6 years old, and NO HOA. With DUPLEX ZONING, a FLEXIBLE LAYOUT, and partially completed renovations, this property offers tremendous potential for a FIX-AND-FLIP, LONG-TERM RENTAL, or owner-occupant renovation, subject to applicable approvals. Conveniently located near WYNWOOD, the MIAMI DESIGN DISTRICT, major highways, shopping, dining, and BEAUTIFUL SOUTH FLORIDA BEACHES—this is an incredible opportunity to RENOVATE, REIMAGINE, AND UNLOCK ITS FULL POTENTIAL!
Other
Taxes: $4,240.24
Tax Year: 2025
Other
Other
MLS Area: 99999 - Unknown
Total Square Footage: 4,750
Price per Square Feet: $247.91
Total Floors: 1
Water: Public
Construction: Concrete, Frame
Date Listed: 2026-11-12 00:00:00
Furnished: Negotiable
Flooring: Vinyl
Roof: Built-Up, Membrane
Heating: Ductless
Cooling: Mini-Split Unit(S)
Laundry: Other
Sewer: Public Sewer
Parcel ID: 01-3113-065-070
Listing Courtesy Of: Richard Peters Realty Llc
gcpenarealtor@gmail.com
INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF MIAMI!!! This versatile property is ZONED FOR DUPLEX USE and features a 3-BEDROOM, 1-BATHROOM MAIN LIVING AREA along with an additional 1-BEDROOM, 1-BATHROOM LIVING SPACE, offering tremendous potential for MULTIGENERATIONAL LIVING, RENTAL INCOME, or an owner-occupant renovation. The main 3/1 has been PARTIALLY RENOVATED, featuring a NEW KITCHEN AND BATHROOM, providing a great head start for future improvements! Enter through the COVERED FRONT PORCH into an enclosed entryway featuring wood-look flooring and natural light. Continuing into the SPACIOUS LIVING AREA, an exposed wood-beam ceiling and open footprint offer a BLANK CANVAS for a complete transformation. Further into the home are TWO BEDROOMS, one featuring a spacious layout and ceiling fan, while the other requires COMPLETE RENOVATION, with portions of the walls and ceiling already opened up. Towards the rear of the main living area is the NEWLY RENOVATED KITCHEN, featuring sleek white cabinetry, modern countertops, recessed lighting, and wood-look flooring. Nearby is the BEAUTIFULLY UPDATED FULL BATHROOM, complete with marble-look tile, a glass-enclosed walk-in shower, modern vanity, and updated fixtures. These improvements provide an excellent foundation for completing the rest of the home. Along the LEFT SIDE OF THE PROPERTY, a private walkway leads to the additional 1-BEDROOM, 1-BATHROOM LIVING AREA with its own separate entrance. This portion requires EXTENSIVE RENOVATION, with exposed framing, damaged ceilings, and unfinished interior spaces, offering an opportunity to RECONFIGURE AND RESTORE the existing layout. Continuing past this area is an ADDITIONAL EXTERIOR LAUNDRY ROOM, providing extra utility space. Additional features include a ROOF OF UNKNOWN AGE (Approximately 34 years old), WORKING WINDOW AC UNITS from 6 months to 6 years old, and NO HOA. With DUPLEX ZONING, a FLEXIBLE LAYOUT, and partially completed renovations, this property offers tremendous potential for a FIX-AND-FLIP, LONG-TERM RENTAL, or owner-occupant renovation, subject to applicable approvals. Conveniently located near WYNWOOD, the MIAMI DESIGN DISTRICT, major highways, shopping, dining, and BEAUTIFUL SOUTH FLORIDA BEACHES—this is an incredible opportunity to RENOVATE, REIMAGINE, AND UNLOCK ITS FULL POTENTIAL!
Property Details
Price: $474,999
Sq Ft: 1,916
($248 per
sqft)
Bedrooms: 4
Bathrooms: 2
City: Miami
County: Miami-Dade
Type: Single Family
Development: Dixie Hwy Tr
Acres: 0.1100
Virtual Tour/Floorplan: View
Year Built: 1925
Listing Number: TB8567150
Status Code: A-Active
Taxes: $4,240.24
Tax Year: 2025
Garage:
Furnishings: Negotiable
Interior Features:
Other
Financial Information:
Taxes: $4,240.24
Tax Year: 2025
Exterior Features:
Other
Equipment:
Other
Additional Information:
MLS Area: 99999 - Unknown
Total Square Footage: 4,750
Price per Square Feet: $247.91
Total Floors: 1
Water: Public
Construction: Concrete, Frame
Date Listed: 2026-11-12 00:00:00
Furnished: Negotiable
Flooring: Vinyl
Roof: Built-Up, Membrane
Heating: Ductless
Cooling: Mini-Split Unit(S)
Laundry: Other
Sewer: Public Sewer
Parcel ID: 01-3113-065-070
Map of 258 55Th Terrace Ne, Miami, FL 33137
Listing Courtesy Of: Richard Peters Realty Llc
gcpenarealtor@gmail.com