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$399,000

1053 55th St, Miami, FL 33127

Bedrooms
2
Baths
1
Living area
810 ft²
Price per ft²
$493 / ft²
Type
Single-Family Home
Year built
1926
On market
6 days on market
MLS #
A12103330

2-BEDROOM / 1-BATH SINGLE-FAMILY HOME — SIGNIFICANT REDEVELOPMENT/REHABILITATION OPPORTUNITY. 6,300 sq. ft. lot situated just minutes from Wynwood, Midtown, the Design District. Property is subject to an Order of the Unsafe Structures Panel issued by the City of Miami. Offered strictly AS-IS for cash or hard-money buyers only. Buyer must conduct independent due diligence with the City of Miami regarding the current status of the order, required repairs, permits, violations, potential fines, and any demolition-related requirements. Buyer is responsible for all due diligence, including determining the feasibility and cost of rehabilitation, permitting, repairs, or redevelopment. Do not enter the property without prior authorization. All information regarding the unsafe structures matter should be independently verified with the City of Miami.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $493. The median for recorded sales in the same ZIP codes is $903/ft² — putting it 45% below the median.
  • Position in the area’s price distributionThe asking price is $399,000; the median of recorded sales in the area is $1,200,000 (938 sales). On raw price that is 67% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$119,700
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$1,934
Loan amount
$279,300
Total interest over the term
$416,874
Total repaid
$696,174

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Keller Williams Capital Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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