WHEELER PLACE

2501 NW 55th Ter, Miami FL 33142

3 beds · 2 baths · 1,320 ft²

Closed

$505,000

8.18%

Est. Payment $2,688/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,320

Sq. Ft.

1948

Year Built

Days on Market

Description

Renovations happening now! This corner-lot featuring a 2-bedroom, 1-bath single-family home with a detached 1-bedroom, 1-bath in-law quarters. This move-in-ready home offers tile flooring throughout, new appliances, washer and dryer, central A/C, and a brand-new roof. The detached in-law quarters features impact windows, providing comfort and peace of mind. Situated on a desirable corner lot, this property offers versatility for extended family, guests, or potential rental income. Don't miss this incredible opportunity to own a beautifully updated property. Come make this your dream home!

Facts

MLS#: A12038030
Subdivision: WHEELER PLACE
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1948
Lot Size: 6,490 ft²
Sq. Ft.: 1,320 ft²
Sq. Mt.: 123 m²
Price per sq. ft.: $383/ft²
Price per sq. mt.: $4,106/m²
Stories: —
Garage: —
Pool: —
Days on Market: 94 days
Listed: Jun 16, 2026
Last Updated: Oct 9, 2026
Price/Lot Sq.Ft.: $78/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/5/2026	Pending sale	$505,000
9/9/2026	Price change	$505,000-8.2%
6/16/2026	Listed for sale	$550,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2501 NW 55th Ter, Miami FL 33142Directions

Estimated Monthly Payment

$3,259/mo

Principal & Interest

$2,688

Property Tax

$421

Insurance

$150

HOA

Down Payment20% ($101,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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