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 f

242 NE 55th Terrace, Miami, FL 33137, USA

$1,240,000 USD
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Address242 NORTH EAST 55TH TER #4, Miami
Building NameDIXIE HIGHWAY TRACK
Type of PropertyDuplex
Property StyleDuplex
Price$1,240,000
Previous Price$1,250,000 (48 days ago)
Property StatusActive
MLS NumberA11674866
Living Area1620
Year Built1953
Parking Space Number4
Folio Number01-31-13-065-0720
Zoning Information5700
Days on Market345

Detailed Description: 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!

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33137
Address242 NORTH EAST 55TH TER
Section13
Zip Code (4 Digits)2558
Google Location Info242 NE 55th Terrace, Miami, FL 33137, USA
Financial Information
Price$1,240,000
Price per Foot$0
Previous Price$1,250,000
Folio Number01-31-13-065-0720
Tax Amount$5,994
Tax Year2023
Possession InformationFunding
Full Descriptions
Detailed DescriptionDiscover 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!
Water AccessNone
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionOther
Heating DescriptionElectric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area1620
Zoning Information5700
Year Built1953
Type of PropertyDuplex
StyleDuplex
Building NameDIXIE HIGHWAY TRACK
Development NameDIXIE HIGHWAY TRACK
Construction TypeCBS Construction
Stories Number1.000
Street DirectionNorth East
Parking Space Number4
Listed withGreen Lands Realty