1063 NW 55th Terrace, Miami FL 33127

$496,500

Description

Investment opportunity with strong income and value-add potential. Fully renovated 2/1 main home featuring new roof, modern kitchen, updated bathroom, and new flooring, ready for immediate occupancy or rental. Property includes a detached structure currently configured with living space and bathroom and recorded as storage, offering significant upside potential for investors, BRRRR strategy, or redevelopment. Located in a high-demand rental area with strong tenant demand. Ideal for long-term hold or 1031 exchange buyers. Expansion and use subject to zoning, permits, and municipal approvals. Buyer to verify all information.

Listing courtesy of Ricardo Vaca Rincon, Real Estate Empire Group, Inc. · Updated 7/23/2026