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242 NE 55th Ter, Miami FL 33137 — photo 11 / 22
23.1% reduced

242 NE 55th Ter, Miami FL 33137

Miami, FL

List Price

$1,000,000

Type

Duplex

Price / SqFt

$617/sqft

Price reduction

23.1% below original list — was $1,300,000

Property Information

Square Feet
1,620
Units
4
Days on Market
589
Status
active

Location

County
Miami-Dade County
Zip Code
33137
Coordinates
25.8265, -80.1909

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 242 NE 55th Ter, Miami FL 33137

Price: $1,000,000

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Why this deal

  • 23.1% off original list price
  • Multifamily with 4 units
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

60/100

Fair

How this
is scored →
Discount depth40%

23.1% off original list (full marks at 25%+).

Days on market20%

589 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$617/sqft vs area median $333/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

242 NE 55th Ter, Miami FL 33137, Miami, FL

Recommended max offer

$845,200

Spread vs list (room below list)

$154,800

70% rule MAO

$845,200

Margin-based MAO

$975,200

Est. all-in basis

$910,000

Projected profit

$390,000

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.