55 NE 165th Street, Miami, FL 33162

$705,000
Property Type: Residential Income Square Footage: 2,868 Status: Active
Current Price: $705,000 List Date: 7/27/2026 Last Modified: 10/07/2026

Overview

Description

Excellent income-producing duplex offering a fantastic opportunity for both investors and owner-occupants! One unit features 2 bedrooms, 1 bathroom, and an attached garage, while the second unit offers 3 bedrooms and 1 bathroom, providing flexible living arrangements and strong rental potential. Each unit has separate electric and water meters, making utility management simple and convenient. The property sits on a spacious lot with a large backyard and ample parking for both units. Conveniently located just minutes from North Miami Beach, Barry University, Greynolds Park, Aventura Mall, and the beautiful beaches, with easy access to I-95, the Palmetto Expressway (SR-826), and major shopping, dining, schools, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers outstanding value in a prime location with excellent long-term potential.

Listing Details MLS# A12060348

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2868
Living Area Main
2124
Adjusted Area Main
2276
Year Built
1971
Parking Total
4
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Flooring: Ceramic Tile Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional; FHA Possession: Negotiable Roof: Shingle Sewer: Septic Tank Utilities: Cable Not Available Showing Requirements: Appointment Only Unit 1 Appliances: Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
725000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
55
Street Direction Prefix
NE
Street Name
165th
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33162
Postal Code +4
3435
Postal Zip
33162
Subdivision Name
OLETA TERR
Area
2210
Elementary School
Linda Lentin K-8
High School
North Miami
Parcel Number
3021130074130
Subdivision Number
7
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
5702
Tax Year
2025
Tax Legal Description
OLETA TERRACE PB 8-117 LOTS 29-30-31 BLK 18 LOT SIZE 125.000 X 134 OR 18456-4479 1298 1 COC 25316-2974 12 2006 1

Status Change Information

Major Change Timestamp
2026-10-07T17:33:59Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-07T17:33:59Z
Status Change Date
2026-08-03

More Information

Meter Information

Separate Electric Meters YN
Yes

Unit 1 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
1062

Unit 1 Lease Description

Occupant Type
Owner

Unit 1 Parking Details

Garage YN
Yes

Unit 2 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
1062

Unit 2 Lease Description

Occupant Type
Vacant

Price Calculations

Current Price To SqFt
331.92

Section Details

Parcel Number MLX
4130

Originating Details

Originating System Key
536588791
Originating System ID
M00000151
IDX
Listing Office: Legacy Group Real Estate, LLC.
Source MLS Verified
Last Updated: October - 07 - 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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