Back 485 NE 55th Terrace
Off Market

485 NE 55th Terrace

Miami FL 33137

3
3
2173 sq. ft.
0.16 ac.
Single-Family
Last sold for $857,500
Tom BelcherTom Belcher, last sold this property on 21 February 2017 after -318 days on market.

Overview

Beautifully renovated 3bed/3bath home w/ pool in Morningside! Miami's first historical neighborhood, Morningside neighborhood features a 30-acre park on Biscayne Bay &; incl walking trails, boat dock, kayak rentals, pool, tennis & basketball courts. This fully renovated 1 story 3Bed/3Bath features updated kitchen, appliances &; baths. 2 zone A/C. An open floor plan w/ lots of windows & natural light. Porcelain &; hardwd flrs. Fenced back yard w/ pool & Jacuzzi. W/D. Home larger than tax roll as per owner.

Features

3 bedrooms
3 bathrooms
2173 sq. ft. floor area
0.16 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Miami over the last 12 months, the estimated median property value of 485 NE 55th Terrace is $1.52m.

Median value
$1.52m
Estimated value range
$390k - $10.8m
Median days on market
52
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 485 NE 55th Terrace

2024
Rented
Undisclosed
28 May 2024 by FLATFEE.Com
2020
Rented
Undisclosed
15 Apr 2020 by Viaprestige Real Estate, LLC
2017
Sold
$857,500
21 Feb 2017 by Tom Belcher, of DOUGLAS ELLIMAN

Happy sellers in Miami

69%
69% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Miami over the last 12 months.

Local market activity for 3 bedroom single-family properties in Miami

In the last 12 months, 25 three-bedroom single-family properties similar to 485 NE 55th Terrace, have been sold.

This represents a 14% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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