Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,311 sq ft
- Flooring
- Tile
- Appliances
- Dryer, Electric Range, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, First Floor Entry
Active · SingleFamilyResidence
$417,000
829 NW 56th St, Miami, FL 33127
- Beds
- 3
- Baths
- 2
- Living area
- 1,311 sq ft
- $ / sq ft
- $318/sq ft
- Year built
- 1938
- Lot size
- 5,250 sq ft
- HOA fee
- —
- Annual tax
- $7,125
About this property
Prime investment opportunity in a rapidly developing Miami corridor. This is a rare chance to acquire a cash flowing property in just minutes from the Design District, Wynwood, and Downtown. Active tenants in place—do not disturb—this income-producing investment with strong upside is turnkey from day one. Currently configured as a single-family home, the property is zoned to turn into 2 separate units for higher rent potential, offering immediate value-add for easy investors. The property has new roof. Location benefits: Minutes to Design District, Wynwood, Downtown Miami, Quick access to I-95, Approximately 10 minutes to Miami International Airport, near Supermarkets, parks, the beach, and top Miami destinations. Why this property stands out for investors: Immediate cash flow with active tenants, Zoning flexibility to convert into two rental units. Priced to Sell!! LEASED for $2500 Tenants are in place tenant occupied
Property location
Get Directions829 NW 56th St, Miami, FL 33127
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1938
- Lot size
- 5,250 sq ft
- Architectural style
- Detached, One Story
- Roof
- Shingle
- Construction
- Block
- Exterior features
- Fence
- Pool
- None
- View
- None
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- On Street
HOA, Community & Financials
- Annual tax
- $7,125
- Subdivision
- PINE HIGHLANDS
- County
- Miami-Dade
- Days on market
- 44
- MLS listing ID
- A11988813
- Listing status
- Active
Virtual tour
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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
$343
- Cap rate
- 6.7%
- Net yield
- 6.7%
- Cash-on-cash return
- 3.5%
- Gross yield
- 10.1%
- Mortgage payment
- $1,977/mo
- Down payment
- $104,250
- Loan amount
- $312,750
- Annual NOI
- $27,832
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.