$1,290,000
53 NE 56th St, Miami FL 33137
44 days on marketPrice reduced $25,000 on Sep 29, 2026
- Living area
- 2,486 sqft
- Price per sqft
- $519
- Type
- Quadruplex
- Year built
- 1954
- Taxes
- $10,925/yr
- MLS #
- A12090011
About this home
Turnkey fourplex investment opportunity, fully rented with in-place income and a newly completed 2026 renovation in Miami’s Little Haiti / Buena Vista / Design District corridor. The property features four 1-bedroom/1-bathroom units, four parking spaces, and a straightforward operating profile supported by recent and substantial capital improvements. The property consists of approx. 2,486 SF of building area on a 5,750 SF lot, with T4-R zoning, Flood Zone X designation, and completed 40-year recertification per available records. Ownership has completed a substantial renovation program with high-quality upgrades and significant capital investment, including HVAC systems, plumbing, electrical, complete unit interiors, flooring, kitchens, bathrooms, appliances, laundry facilities, impact windows and doors, fencing, and exterior areas. This level of capital investment helps reduce near-term capital needs and CapEx exposure for the next owner. Strategic infill location near Buena Vista, the Design District, Midtown, Wynwood, Biscayne Blvd, the Upper East Side, Downtown Miami, and major employment/lifestyle destinations. Attractive turnkey opportunity for investors seeking Miami residential income, manageable operations, long-term neighborhood upside, and potential future development or expansion optionality.
Estimated subtotal
$910/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $910
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33137
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Pack Real Estate Advisors LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.