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    1190 NW 55Th St Miami, FL 33127

    For Sale
    $1,299,000

    Land - Miami, FL

    Lot size:
    0.48 Acres
    Days on Market:
    188
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 1190 NW 55Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    6101
    APN
    01-31-14-040-0080
    Lot size
    0.48 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    The Keyes Company (305) 371-3592 [email protected]

    Listing agent Sonia Diaz (305) 371-3592 License #3245875

    Listing date Jun 3, 2025

    MLS# A11719404 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Mixed-Use Property

    This mixed-use property is situated on a corner lot with 20,729 square feet of land. Zoned T-5 Miami 21, it allows for 65 units per acre. The site has 120 feet of frontage on NW 12th Avenue and 175 feet along 55th Street. Under the Live Local Act, the property can accommodate more than 250 units per acre, with the potential for up to 8 stories. Market rents are compatible. A bus stop is located in front of the site. Located at the northeast corner of NW 12th Avenue and 55th Street in Miami, the property is near the Miami Health Center, Wynwood, and Magic City. There is potential for assemblage, increasing the total area to 35,000 square feet. It is located in an opportunity zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.217418
    Latitude
    25.825222

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Miami, close to Health Center and Wynwood.
    Where is this mixed-use property located?
    The property is located at 1190 NW 55Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - High-density development potential: Zoned T-5 Miami 21, allowing for 65 units per acre, with potential for over 250 units per acre under the Live Local Act and up to 8 stories.; - **Prime corner lot location:** Boasting 20,729 sq ft on a corner lot with 120 ft frontage on NW 12th Ave and 175 ft on 55th St.; - Strategic location: Close proximity to Miami Health Center, Wynwood, and Magic City.
    (305) 371-3592
    Request Owner's contact information
    1190 NW 55Th St Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1190 NW 55Th St Miami, FL 33127
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