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Single Family Residence
$479,999$395 / sqft
1351 NW 55th Ter, Miami FL 33142
Listed
3
Bedrooms
2
Bathrooms
1,216 sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully remodeled 3-bedroom, 2-bathroom home with a versatile DEN that could serve as a potential 4th bedroom, home office, or flex space, and NO HOA! This move-in-ready residence offers a bright, functional layout featuring recessed lighting, beautiful hardwood and large-format tile flooring, and windows replaced just a few years ago. The stunning contemporary kitchen features elegant white shaker cabinets, stainless steel appliances, and a built-in microwave and oven combination. Both bathrooms have been tastefully updated with modern vanities and glass-enclosed showers. Major improvements include an A/C system, A/C ductwork, and water heater all replaced approximately 3 years ago, plus a roof approximately 8 years old. The exterior offers mature palm trees, an inviting front porch, and a spacious covered carport providing ample sheltered parking. Enjoy a fully fenced backyard with a large covered patio perfect for entertaining, a storage shed, and an additional detached structure with its own bathroom. Conveniently located near major highways, shopping, dining, Wynwood, Downtown Miami, and Miami International Airport. An excellent opportunity for homeowners and investors alike!
Features
- First Floor Entry
- Den/Library/Office
- Garage Converted
- Lighting
- Room For Pool
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.