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Multifamily in Miami, FL 33137
54th Street Bus Center, 53 NE 56th St

Share
Closed
$895K16.8%
$745,000
Estimate Payment
2,486
SqFt
Status
Sold - Apr 28, 2025
Size
2,486 SqFt (231 m2)
Price
$300/SqFt ($3,226/m2)
Type
Multifamily
Built
1954
MLS Number
A11754927
On Site
562 Days
Updated
501 Days ago
Page Views
0
Prime Investment, Fourplex in Miami Design District Area Fully leased fourplex with four 1-bed/1-bath units, private parking, and separate electric meters. Impact windows enhance security and lower insurance costs. Investment Highlights// Live in one, rent the others – Offset mortgage and expenses Turnkey and fully leased – Immediate income potential Prime location – Minutes from shopping, dining, and beaches High rental demand – Rapidly growing area Location & Financials// 10 minutes to Downtown, the airport, and beaches Steady rental income – High-demand area Strong appreciation – Rapidly developing neighborhood Own in a top Miami location while earning passive income.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1954
        • Year Built Description: Unknown
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-03-02T10:46:26.000-00:00
          Taxes, Fees & More
          • Taxes: 9979

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          Price History

          Current
          $745K
          High
          $895K
          Low
          $745K
          Total Change
          -16.8%
          $913K$820K$727KMar 25Apr 25
          Date
          Event
          Price
          Change
          Price Per
          04/28/2025
          Sold
          $745K
          -16.76%
          $300 ft2
          $3,226 m2
          03/02/2025
          Listed
          $895K
           
          $360 ft2
          $3,875 m2
          04/28/2025
          $745K
          Event
          Sold
          Change
          -16.76%
          Price Per
          $300 ft2
          $3,226 m2
          03/02/2025
          $895K
          Event
          Listed
          Price Per
          $360 ft2
          $3,875 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alain Foucauld • Xcellence Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          88
          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          52
          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77
          100
          Sound Score®
          Very loud
          74
          100
          Airport Score
          Close to airports. Noticeable airport activity
          0
          100
          Traffic Score
          Congested area. Frequent traffic delays
          33
          100
          Local Score
          Limited local amenities nearby
          3
          100
          Community Snapshot
          1,070 - 2,660
          SqFt Range
          1953
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None
          Logo

          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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