2042 NW 55 Terrace, Miami, FL 33142

$998,000
Property Type: Residential Income Square Footage: 2,920 Status: Active
Current Price: $998,000 List Date: 1/13/2026 Last Modified: 9/30/2026

Overview

Description

Brand new 2 Story Duplex Concrete Block construction up till Roof, 1 unit per floor. 3 Bed 2 Bath downstairs and 3 Bed 2 Bath upstairs with Large Terraces Large Stone tiles 48X48 . Property has 2920 Sq. Feet. Both units rented to Sec-8 Tenants guaranteed income $6100 per month, tenant pays water and lights. Must have fully executed contract with proof of funds submitted before initial showing. Brand New Duplex. DO NOT DISTURB TENANTS LIVING AT THE DUPLEX.

Listing Details MLS# A11944698

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Living Area Main
2920
Year Built
2026
Parking Total
4
Lot Size Dimensions
5250
Outdoor Living Spaces YN
Yes
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Existing Survey Fencing: Fenced Flooring: Ceramic Tile Property Condition: New Construction Structure Type: Duplex Construction Materials: Brick Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: 1031 Exchange; Conventional; Owner Will Carry Lot Features: Fruit Tree(s) Possession: Close Of Escrow Roof: Concrete Tax Information: Tax Reflects No Exemptions Utilities: Cable Available; Sewer Available Water Source: Public Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony Unit 1 Appliances: Disposal Unit 1 Parking Features: Open Parking Unit 1 Rooms: Laundry Room Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
1049000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
2042
Street Direction Prefix
NW
Street Name
55
Street Suffix
Terrace
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33142
Postal Code +4
0000
Postal Zip
33142
Subdivision Name
BELVEDERE
Area
2310
Elementary School
Earlington Heights
Middle Or Junior School
Brownsville
High School
Miami Northwestern
Special Assessment YN
No
Parcel Number
3031150140340
Subdivision Number
14
Zoning
5700
Flood Zone
X
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
1704
Tax Year
2025
Tax Legal Description
BELVEDERE PB 13-70 LOT 10 BLK 3 LOT SIZE 50.000 X 105

Status Change Information

Major Change Timestamp
2026-09-30T14:36:29Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-30T14:36:29Z
Status Change Date
2026-01-17

More Information

Income and Expenses

Gross Income
6038

Unit 1 Details

Actual Rent
3049
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
2989
Baths Full
2
Efficiency YN
No

Unit 2 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
341.78

Section Details

Parcel Number MLX
0340

Originating Details

Originating System Key
425306978
Originating System ID
M00000151
IDX
Listing Office: Florida Bankers Realty, Inc.
Source MLS Verified
Last Updated: September - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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