Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
1275 55th St photo 1

1275 55th St

Miami, FL 33142

$375,000
2
1
1,767 sq ft
5,250 sq ft
1924
Single Family Residence
13
Active Under Contract

Listing courtesy of The Keyes Company (Kevin Marshburn). Contact: [email protected].

About this home

Cash-only investment opportunity with strong value-add potential in Liberty City. Tax records reflect a 2-bedroom, 1-bath home; however, the property is currently configured and occupied as a 4-bedroom, 2-bath residence. The existing layout provides a flexible footprint, including a separate section within the structure with its own bedroom and bathroom. The property sits on a comfortable, fully fenced lot with a large backyard and offers significant potential for renovation, repositioning, or an end user looking to customize a home to their needs. Property requires repairs and updating and is best suited for an experienced cash buyer or investor. Buyer is responsible for conducting all due diligence regarding the current configuration, permits, zoning, and permitted use. No assignable contract offers will be considered.

What it costs to own
Estimated monthly payment
$2,644/mo
Principal and interest
$1,896
Property tax
$515
Homeowners insurance
$233
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,175/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.