420 NE 55th Ter, Miami FL 33137, MIAMI, FL, 33137
Active200 days on marketListed Jan 20, 2026MLS #A11949641
About this home
420 NE 55th Ter, Miami FL 33137
Located in the private and highly coveted Morningside neighborhood, this fully renovated residence offers timeless design, refined finishes, and a level of privacy rarely found in Miami. Known for its quiet streets, architectural character, and strong sense of community, Morningside is one of the city’s most established and respected enclaves. This home has been completely reimagined with a focus on clean lines, natural materials, and understated luxury. The open living spaces are filled with natural light and flow seamlessly, creating an atmosphere that feels both sophisticated and comfortable. The kitchen is a true statement; designed for both form and function, featuring custom cabinetry, premium stone countertops, a generous island, and high-end appliances. It connects effortlessly to the main living and dining areas, making the home ideal for entertaining while remaining practical for everyday living. Bathrooms are finished to a spa-level standard with custom vanities, elegant tilework, modern fixtures, and a serene, resort-like feel. Each space in the home reflects thoughtful design and quality craftsmanship, delivering a move-in-ready experience with no compromises. Set on a quiet street inside private the community Morningside, this property offers a rare blend of privacy, design, and location, just minutes from Miami’s cultural, dining, and waterfront destinations, while remaining tucked away from the noise and congestion of trend-driven neighborhoods.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
2,706
Sqft
1
Garage
1939
Year built
$905
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$17,124 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$17,124/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+25.1%
$/sqft vs Miami actives
$905 vs $513
Days on market
200 vs 66 typical
Where $905/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
35 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 421% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 420 NE 55th Ter
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$3,875,000
621 NE 55th St, Miami FL 33137 · same community
4 bd · 4.5 ba · 2,421 sqft · $1,601/sqft · 87 DOM
Sold · Mar ’26$1,825,000
492 NE 55th St, Miami FL 33137 · same community
4 bd · 3 ba · 1,932 sqft · $945/sqft · 65 DOM
Sold · Feb ’26$3,325,000
4250 Bay Point Rd, Miami FL 33137
4 bd · 5 ba · 2,618 sqft · $1,270/sqft · 212 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 420 NE 55th Ter — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 420 NE 55th Ter — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
420 NE 55th Ter FAQs
What would the monthly payment be for 420 NE 55th Ter, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $17,124/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 420 NE 55th Ter, Miami FL 33137?+
The most recent tax bill on record (2024) was $33,975. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $2,449,000, this home is listed about 301% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 420 NE 55th Ter, Miami FL 33137?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$2,449,000 runs 421% above the MIAMI 33137 median — but at 2,706 sqft it's also nearly twice the size of the typical Miami listing.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
200 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $3,190,000, now $2,449,000 — a $741K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Multiple Listing Solutions · Fernando Corona. MLS #A11949641.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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