Tour
#A11655885, Ugo Cortesano, Listing office: Corte Real Estate Group LLC
Property details
About 531 NE 55th Ter
Investor opportunity in Morningside, Miami FL. This property offers classic charm in one of the city’s most desirable neighborhoods. It comes with well-thought-out renovation plans, ready to guide your vision (pending approval). Whether you choose to restore or reimagine your dream home/property, it’s a strong foundation in a high-growth area with serious upside. A rare chance to secure a valuable piece of Morningside.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,896 sqft
Year built1938
ParkingDriveway
MLS #A11821588
Garage1 space
ViewOther
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: None
- Flooring Type: Ceramic Tile, Hardwood, Wood
- Interior: First Floor Entry, Other
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Driveway
- View: Other
- Exterior: Deck
- Architectural Style: One Story
- Heating: None
- Cooling: None
- List Price: $1,498,000
- Price/SqFt: $790
- Annual Tax Amount: $23,627
- Tax Year: 2023
- Year Built: 1938
- Stories: 1
- Living Area: 1,896 SqFt
- MLS Number: A11821588
- MLS Name: SEFMIAMI
- Office Name: Keller Williams Capital Realty
- Office Phone: (305) 662-7325
- Office Email: JoelD@kw.com
- Listing Agent: Omar Uweyda
© 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: 7/15/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Miami, FL residents have annual incomes between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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 $1,498,000.
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 June 17, 2025 and is currently priced at $1,498,000.
In June 2025, from all listings sold in Miami, FL there were more than 48 sold above asking price, over 570 sold below and more than 103 were sold right at the asked price. In June 2025 in Miami, FL there were 7.1% more homes for sale than in May. The median list price of listings available in June 2025 was $589,216, while the average time on the real estate market was 75 days.
From Rocket Homes Real Estate and based on county public records data.