1400 NW 55th St, Miami, FL, 33142
About This Home
Turnkey investment opportunity in the heart of Miami! This fully legal, modernly updated duplex is located in one of the city’s centrally located, rapidly growing neighborhoods, making it an excellent addition to any investment portfolio. The property is fully occupied by reliable, long-term tenants who would like to remain, providing immediate and stable rental income from closing. Each unit is separately metered for electricity, minimizing owner expenses and simplifying property management. With contemporary upgrades, strong rental demand, and a prime location near major highways, Miami International Airport, Downtown Miami, beautiful beaches, shopping, dining, and entertainment, this income-producing property offers the perfect combination of cash flow, convenience, and long-term appreciation potential. Don’t miss this exceptional opportunity to invest in one of South Florida’s most desirable rental markets.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Completely Renovated
- Year built: 1953
Materials
- Roof: Concrete
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Window features: Blinds
- Flooring: Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 1,440
- Total interior livable area: 1,120 sqft
Property
Details
- Parcel number: 0131140340080
- Zoning: 0104
Features
- Stories: 1
- Patio & porch: Open Porch,Patio
- Exterior features: Lighting,Room For Pool
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,135 | $37,620 |
| Home Insurance * | $245 | $2,940 |
| Property Taxes | $1,112 | $13,344 |
| Electricity | $197 | $2,366 |
| Total | $4,689 | $56,268 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-26 | Listed for sale | $620,000 |
| 2024-12-24 | Sold | $561,000 |
| 2024-10-23 | Listed for sale | $579,000 |
| 2024-09-03 | Sold | $360,000 |
| 2024-07-29 | Pending sale | $520,000 |
| 2024-07-22 | Listed for sale | $520,000 |
| 2004-12-01 | Sold | $130,000 |
| 1995-10-26 | Sold | $35,000 |
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