Closed

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

895,000(-16.76% )
$745,000Price
2,486SqFt

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Details

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Status:
Sold - Apr 28, 2025
Size: 2,486 SqFt (231 m2)
Price: $300/SqFt ($3,226/m2)
Type: Multi Family
Built: 1954
MLS Number: A11754927
On Site: 149 Days
Updated: 89 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

          Price History

          04/28/2025

          Date

          Sold

          Event

          $745K

          Price

          -16.76%

          Change Rate

          $300 ft2 / $3,226 m2

          Price Per

          03/02/2025

          Date

          Listed

          Event

          $895K

          Price

          $360 ft2 / $3,875 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Alain FoucauldXcellence Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $600/ft²

          Unit 53 NE 56th St – Asking

          $300/ft²

          (-25%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $398/ft²
          Community $/Price Range (Closed) $300/ft² – $495/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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