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1992 NW 56th St, Miami FL 33142

Multi-family
$725,000

BTC: 12.18487395

ETH: 467.74193548

New
0 room(s)
1,672 sqft

Overview

Exceptional investment opportunity at 1992 NW 56th St! This turnkey fourplex features four 1-bedroom, 1-bathroom units on a desirable corner lot. Section 8 approved and ideally positioned for strong rental demand, this property is perfect for both new and seasoned investors looking to grow their portfolio. Conveniently located near major highways, schools, shopping, and employment centers. Units are move-in ready and primed for tenant occupancy, offering immediate income potential. Don't miss your chance to secure a cash-flowing asset in a rapidly growing market before prices climb further.

Location

Florida Miami 33142 Multi-family

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1948
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$434
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$549,950
$393K – $770K
Confidence Low
List vs. estimate
$175K above estimate
List $725,000 · +31.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$433
-0.4% vs. city median $435
Based on
78 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $355K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$366,300
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 30-31-15-014-0170

    • Zoning: 0100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $366,300

  • Source details

    • MLS ID: A12041165

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1672

    • Water Source: Municipal Water

    • Subdivision Name: BELVEDERE

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty