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355 NE 55th Ter
Multi-Family
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$575,000

$383/sqft

355 NE 55th Ter, Miami

23% below median
4 bd·3 ba·1,500 sqft
Built 19594,792 sqft lotCreole District

355 NE 55th Ter, Miami, FL

4 bd · 3 ba · 1,500 sqft Multi-Family listed at $575,000, built in 1959 in the Creole District neighborhood.

About this home

Located in the heart of Miami, the property presents a rare fixer-upper duplex opportunity just minutes from the Design District, Wynwood, Midtown, and Downtown. It is located in a rental assistance program approved area, near Publix, Trader Joe's, Key Food, and more. It features two units with immense potential - perfect for investors and developers. The roof was replaced in 2018, offering a solid starting point for renovations. This is the ideal value-add project in one of Miami's most rapidly transforming neighborhoods.

Property details

Price
$575,000
Bedrooms
4
Bathrooms
3
Interior
1,500 sqft
Price / sqft
$383
Year built
1959
Lot size
4,792 sqft
Type
Multi-Family
Days on market
45
Est. property tax
$4,945/yr · $412/mo · 0.86% FL avg
Last sold
$72,500 · Jun 1991
Virtual tour

Estimated monthly payment

Down payment20% ($115,000)
Interest rate6.75%
Principal & Interest$2,984
Property Tax$527
Insurance$150
Total$3,661/mo

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Price history

$629K$306K$-18K$36K on Jun 77 (Sold)$73K on Jun 91 (Sold)$575K on Jan 26 (Initial list)$575K on Mar 26 (Initial list)
$36K · Jun 77$575K · Mar 26
  1. Mar 11, 2026$575,000Initial list price
  2. Jan 24, 2026$575,000Initial list price
  3. Jun 26, 1991$72,500Sold
  4. Jun 1, 1977$36,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 355 NE 55th Ter, Miami
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Home Intelligence

Neighborhood (zip 33137)

This neighborhood is primarily renter-occupied (26% owner-occupied). Median age is 34.3; 28% hold a bachelor's degree; median household income is $71,348.

Median income
$71,348
Median age
34.3
Owner-occupied
26.3%
Bachelor's degree
28.3%
Census median home value
$462,200

Source: US Census Bureau American Community Survey 5-year estimates.

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