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6-Unit Apartment Building with Gated Parking
New
For Sale
$1,514,000

729 NW 55th Ter, Miami, FL 33127

Two-story apartment property with a second building, central A/C, covered parking, and a fenced outdoor area.

Property SizeContact for details
Days on Market7

Property Features for 729 NW 55th Ter

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 6

Amenities

gated parking
central A/C
backyard
storage sheds
covered carport
fenced perimeter

Building Details

Year Built 1926
Buildings 2
Listing Agency: LEXICO REALTY INC
Listed By: ALEJANDRO PATINO · License #A12069759
Source: Corcoran
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 18 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEXICO REALTY INC

Investment Insights

Based on property information with market context.

Built in 1926, this six-unit apartment property includes a two-story main building and an additional building on an oversized lot. The asset contains 10 bedrooms and 8 bathrooms, with central A/C in the units. Site improvements include gated parking, a covered carport, multiple storage sheds, a spacious backyard, and a fully fenced perimeter. Appliances are scheduled for installation before closing, and the roof is described as weathertight.

The property is located at 729 NW 55th Ter in Miami, near the Miami Design District, Midtown, Downtown, and Miami Beach. The site is described as high and dry and is surrounded by new two-story construction.

Key Highlights

  • 6‑unit multifamily property built in 1926
  • 10 bedrooms and 8 bathrooms
  • Two‑story main building plus an additional building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story apartment property with a second building, central A/C, covered parking, and a fenced outdoor area.
Where is this apartment building located?
The property is located at 729 NW 55th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,514,000.
What are key features of this property?
This property features: 6‑unit multifamily property built in 1926; 10 bedrooms and 8 bathrooms; Two‑story main building plus an additional building
More about this property
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