$1,290,000

Price reduced

53 NE 56th St, Miami FL 33137

2,486 sq ftBuilt 1954MLS# A12090011

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About this property

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.

Property details

Property type
Multi-family
Year built
1954
Living area
2,486 sq ft
Price per sq ft
$519
Property taxes
$10,925/yr
Parking
4 spaces
Building / community
54 St Bus Center Sub
Status
Price reduced
MLS #
A12090011

Listing courtesy of Pack Real Estate Advisors LLC.

Location

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