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$10,000 Closing Credit¹
#A11665141, Aleksandar Ilic, Listing Office: LX Realty LLC
$10,000
closing credit¹
242 NE 55th Ter Miami, FL 33137
$1,240,000 List price
$10,000
Closing credit¹
1,620 sqft
$765 / sqft
Multi-Family
Property details
About 242 NE 55th Ter
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!!!
Highlights
Home typeDuplex
HeatingElectric
StatusActive
CoolingOther
Size1,620 sqft
Year built1953
MLS #A11674866
Virtual tour
Summary
- MLS Number: A11674866
- MLS Name: SEFMIAMI
- Office Name: Green Lands Realty
- Office Phone: (305) 503-4121
- Office Email: Laura@LauraisyourRealtor.com
- Listing Agent: Silvia Garaza
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,240,000
242 NE 55th Ter
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $296,588 | $5,993 |
| 2022 | $237,310 | $5,229 |
| 2021 | $192,650 | $4,791 |
| 2020 | $171,214 | $4,406 |
| 2018 | $66,785 | $2,529 |
| 2017 | $110,155 | $2,391 |
History based on county public records data.
Nearby schools
7
Toussaint L'Ouverture Elementary School
Public District PK-5
0.3 mi
•120 NE 59th St
7
Shadowlawn Elementary School
Public District PK-5
0.6 mi
•149 NW 49th St
6
Morningside K-8 Academy
Public Magnet PK-5
0.8 mi
•6620 NE 5th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,048. Most Miami, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
60%
<35k
31%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 242 NE 55th Ter in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 1,620 square foot home was built in 1953. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,240,000.
While more than 31 listings in Miami, FL in January 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 425 were sold below. The number of homes for sale in Miami, FL increased by 14.8% between December and January 2025. In January 2025, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $574,895.
From Rocket Homes Real Estate and based on county public records data.