531 NE 55th Terrace is a unique opportunity to renovate a historic home in coveted Morningside. Already gutted and stripped down to the studs, this 1,900 square foot 3 bed plus garage is the ideal canvas for an end user or developer to execute their vision. One can also expand the house another ~985 square feet, create a second story and add a pool. Buyer to confirm all zoning possibilities with their own architect. *All new windows + doors have been purchased, are already on site and included in the sale. All advertised renderings are virtual and for marketing purposes only.
Property Details
Price:
$1,480,000
MLS #:
A11864952
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BAYSHORE UNIT NO 3
Neighborhood:
Bayshore Unit No 3
Listed Date:
Aug 25, 2025
Finished Sq Ft:
1,896
Total Sq Ft:
2,388
Year Built:
1938
See this Listing
Schools
Middle School:
Horace Mann
High School:
Miami Edison
Interior
Bathrooms
2 Full Bathrooms
Cooling
Other
Flooring
Ceramic Floor, Wood
Heating
Other
Exterior
Architectural Style
Attached, One Story
Community Features
Tennis Court(s), Gated Community, Maintained Community
Construction Materials
CBS Construction
Parking Features
Driveway
Roof
Other
Financial
Tax Year
2024
Taxes
$26,248
Map
Community
- Address531 NE 55th Ter Miami FL
- SubdivisionBAYSHORE UNIT NO 3
- CityMiami
- CountyMiami-Dade County
- Zip Code33137
Market Summary
Current real estate data for Single Family in Miami as of Jan 16, 2026
3,618
Single Family Listed
133
Avg DOM
573
Avg $ / SqFt
$1,640,755
Avg List Price
Property Summary
- Located in the BAYSHORE UNIT NO 3 subdivision, 531 NE 55th Ter Miami FL is a Single Family for sale in Miami, FL, 33137. It is listed for $1,480,000 and features 3 beds, 2 baths, and has approximately 1,896 square feet of living space, and was originally constructed in 1938. The current price per square foot is $781. The average price per square foot for Single Family listings in Miami is $573. The average listing price for Single Family in Miami is $1,640,755.
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