Tour
$10,000 Closing Credit¹
#A11744862, Kristina Novikova, Listing office: New Level Corp
$1,595,000 List price
531 NE 55th Ter Miami, FL 33137
$10,000
Closing credit¹
3 beds
2 full
1,896 sqft
$841 / sqft
House
Property details
About 531 NE 55th Ter
Welcome to a prime opportunity in Morningside’s prestigious gated community! This 3-bedroom, 2-bathroom home offers a perfect canvas for your dream renovation. Featuring impact sliding glass doors and windows, classic hardwood floors, and included parking, this property is ready for transformation. Enjoy community amenities such as a basketball court, playground, park, picnic area and communal tennis courts. Invest in this premier Miami location and create a personalized living space that suits your style and needs. Embrace the potential and make this home your own!
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Size1,896 sqft
Year built1938
ParkingCovered, Driveway, On Street
MLS #A11763861
Garage1 space
ViewGarden
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: None
- Flooring Type: Other
- Interior: Bedroom on Main Level, First Floor Entry
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Covered, Driveway, On Street
- View: Garden
- Exterior: Fence, Fruit Trees, Patio
- Architectural Style: Detached, One Story
- Heating: Other
- Cooling: Other
- List Price: $1,595,000
- Price/SqFt: $841
- Annual Tax Amount: $23,627
- Tax Year: 2023
- Year Built: 1938
- Stories: 1
- Living Area: 1,896 SqFt
- MLS Number: A11763861
- MLS Name: SEFMIAMI
- Office Name: Compass Florida, LLC.
- Office Phone: (305) 851-2820
- Office Email: mlsfl@compass.com
- Listing Agent: Aouri Makhlouf
© 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: 6/4/2025, 8:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,595,000
531 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 | $1,044,947 | $23,627 |
| 2022 | $721,511 | $16,750 |
| 2021 | $558,790 | $16,750 |
| 2020 | $565,922 | $13,748 |
| 2018 | $319,686 | $7,561 |
| 2017 | $313,111 | $7,508 |
History based on county public records data.
Nearby schools
5
Toussaint L'Ouverture Elementary School
Public District PK-5
0.6 mi
•120 NE 59th St
7
Morningside K-8 Academy
Public Magnet PK-5
0.7 mi
•6620 NE 5th Ave
6
Shadowlawn Elementary School
Public District PK-5
1.0 mi
•149 NW 49th St
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 $76,500. Typical income of Miami, FL residents is between $100k-200k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
27%
35k-100k
32%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
8%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
3%
12-17 yrs old
15%
18-34 yrs old
56%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Jack In The Box
What do the neighbors drive?
BMW
Audi
Mercedes
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 NE 55th Ter
The listing price of 531 NE 55th Ter property is $1,595,000.
The property 531 NE 55th Ter is a house located in Miami, Florida, 33137.
Active Listing: 531 NE 55th Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 NE 55th Ter are: Toussaint L'Ouverture Elementary School (GreatSchools Rating 5/10), Morningside K-8 Academy (GreatSchools Rating 7/10), Shadowlawn Elementary School (GreatSchools Rating 6/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Mater Academy Middle School of International Studies (GreatSchools Rating 5/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Design & Architecture Senior High School (GreatSchools Rating 10/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10), Miami Edison Senior High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $23,627 (source: MLS/based on county public records data).
The property at 531 NE 55th Ter has 3 bedrooms and 2 bathrooms.
The property 531 NE 55th Ter is 1,896 SqFt (source: MLS/tax record).
The year of construction for 531 NE 55th Ter is 1938.
This home is located at 531 NE 55th Ter in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. This 1,896 square foot home was built in 1938. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,595,000.
In May 2025 more than 53 listings in Miami, FL were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 602 were sold below. The inventory of homes for sale in Miami, FL between April and May 2025 increased by 8.2%. Listings spent 68 days on the market in May 2025, and had a median list price of $585,197 during the same period.
From Rocket Homes Real Estate and based on county public records data.