601 NE 56th St, Miami, FL 33137 — MLS photo

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601 NE 56th St, Miami, FL 33137

Active · SingleFamilyResidence

$7,750,000

601 NE 56th St, Miami, FL 33137

Beds
7
Baths
8
Living area
5,374 sq ft
$ / sq ft
$1,442/sq ft
Year built
1921
Lot size
8,869 sq ft
HOA fee
—
Annual tax
$21,866

About this property

This remarkable 1920s Mediterranean historic home has been fully renovated, offering 7 bedrooms, 6/2 bathrooms, and over 5000 total SqFt. Florida’s 2nd registered woman Architect, Marion Manley—who also designed University of Miami’s Campus—was the original Architect for this home. Highlights: Brand New Kitchen, Primary Suite, Guest Rooms, Balcony, Laundry Room, and Outdoor Dining Terrace on the 2nd Floor. Expansive living room with wood beams, fireplace also opens to a covered outdoor dining area. The private inner courtyard is an entertainer’s delight, complete with a Spa. Rare 3rd floor loft with 360 degrees of natural lighting can be your ideal study. New Hurricane Impact windows, new Oak Floors/Stone Tiles, Custom closets for each bedroom. Call listing agents for appointments.

Property location

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601 NE 56th St, Miami, FL 33137

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Facts & features

Interior

Bedrooms
7
Bathrooms
8
Living area
5,374 sq ft
Flooring
Ceramic Tile, Hardwood, Other, Tile, Wood
Appliances
Some Gas Appliances, Built In Oven, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior features
Wet Bar, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, French Doors Atrium Doors, First Floor Entry, Fireplace, Kitchen Island, Kitchen Dining Combo, Custom Mirrors, Pantry, Separate Shower, Upper Level Primary, Vaulted Ceilings, Bar, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1921
Lot size
8,869 sq ft
Roof
Barrel
Construction
Block
Exterior features
Security High Impact Doors, Lighting, Patio
Pool
In Ground, Pool
View
Other

Parking

Garage spaces
0
Covered spaces
1
Parking features
Covered, Driveway, On Street

HOA, Community & Financials

Annual tax
$21,866
Subdivision
BAYSHORE UNIT 3
County
Miami-Dade
Days on market
351
MLS listing ID
A11908655
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$15,195

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
4.8%
Mortgage payment
$36,739/mo
Down payment
$1,937,500
Loan amount
$5,812,500
Annual NOI
$258,533

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.