Price Check
How this price compares
- List price
- $1,290,000
- Price per sq ft
- $519
- Original price
- $1,315,000
- Days on market
- 17
This multi-family property in ZIP 33137 is listed at $1,290,000, or $519 per square foot. The asking price has come down 1.9% from its original $1,315,000. It has been on the market for 17 days.
Estimated monthly payment
$6,780 /mo
Principal and interest only, based on $258,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,290,000
- Days on Site
- 17 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,486 sqft
- Total Sq Ft
- 2,486 sqft
- Year Built
- 1954
- Property Type
- Multi-Family
- MLS #
- A12090011
- Property Tax
- $10,925 (2025)
- Subdivision
- 54 ST BUS CENTER SUB
- County
- Miami Dade
- Status
- Active
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1954
- Property Condition
- Updated Remodeled
- Number of Stories
- 1
- Living Sq Ft
- 2,486
- Total Sq Ft
- 2,486
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Ceramic Tile
- Laundry
- Outside
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / Cryptocurrency
- MLS Area
- 2310
Schools
- Middle School
- Jose De Diego
- High School
- Miami Edison
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $1,290,000
- Median $/Sq Ft
- $519
- Avg Days on Market
- 17
Frequently Asked Questions
- How do I schedule a tour of 53 NE 56th Street, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 53 NE 56th Street, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 53 NE 56th Street, Miami, FL 33137 still available?
- 53 NE 56th Street, Miami, FL 33137 is currently listed as Active, and has been on the market 17 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 53 NE 56th Street, Miami, FL 33137?
- With 20% down ($258,000) on the $1,290,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 53 NE 56th Street, Miami, FL 33137 is about $6,780/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 53 NE 56th Street, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 53 NE 56th Street, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 53 NE 56th Street, Miami, FL 33137?
- 53 NE 56th Street, Miami, FL 33137 is zoned for Jose De Diego (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 53 NE 56th Street, Miami, FL 33137?
- Often, yes. The right offer on 53 NE 56th Street, Miami, FL 33137 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Pack Real Estate Advisors LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 27, 2026.
$1,290,000
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Listed by Demian Ezequiel Pack, Pack Real Estate Advisors LLC
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Recent Sales
Recently sold homes in ZIP 33137
These are the last 6 recorded closings in ZIP 33137, with the price each home actually sold for rather than what it was listed at. They closed at a median of $579 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$570,000
Sold · October 15, 2026
3250 NE 1st Avenue 616
2 bed · 2 bath · 1,190 sqft · $479/sqft
$10,000 under the asking price
Sold$420,000
Sold · October 9, 2026
3250 NE 1st Avenue 1007
1 bed · 1 bath · 726 sqft · $579/sqft
$19,000 under the asking price
Sold$475,000
Sold · October 9, 2026
600 NE 36th Street 1404
2 bed · 2 bath · 1,218 sqft · $390/sqft
$24,000 under the asking price
Sold$410,000
Sold · October 5, 2026
3250 NE 1st Avenue 811
1 bed · 1 bath · 740 sqft · $554/sqft
$19,000 under the asking price
Sold$410,000
Sold · October 5, 2026
121 NE 34th Street L601
1 bed · 1 bath · 607 sqft · $675/sqft
$10,000 over the asking price
Sold$879,000
Sold · October 2, 2026
650 NE 32nd Street 4104
2 bed · 3 bath · 1,193 sqft · $737/sqft
See every recorded sale in ZIP 33137 or find out what your ZIP 33137 home is worth.
